Prince George's Community Federal Credit Union
Encyclopedia
Prince George's Community Federal Credit Union (PGCFCU or Prince George's Community FCU), previously known as Prince George's Employees Federal Credit Union (PGEFCU), is a credit union
Credit union
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...

 in Prince George's County, Maryland
Prince George's County, Maryland
Prince George's County is a county located in the U.S. state of Maryland, immediately north, east, and south of Washington, DC. As of 2010, it has a population of 863,420 and is the wealthiest African-American majority county in the nation....

. It was established on July 18, 1967. It has more than 14,000 members and assets above $90 million. It has branches in the Maryland communities of Upper Marlboro
Upper Marlboro, Maryland
Upper Marlboro is a town in and the county seat of Prince George's County, Maryland, United States. The live-in population of the town core proper was only 648 at the 2000 census, although Greater Upper Marlboro is many times larger....

, and Largo
Largo, Maryland
Largo is an unincorporated area and census designated place in Prince George's County, Maryland, in the United States. The population was 8,408 at the 2000 census....

.

The common bond
Bond of association
The bond of association or common bond is the social connection among the members of credit unions and co-operative banks. Common bonds substitute for collateral in the early stages of financial system development...

 shared by members of this credit union is its members "all live, work, worship, or volunteer in Prince George's County, Maryland".

In 2006, a controversy erupted after an interview with new credit union member and Republican politician Michael Steele appeared in the credit union's newsletter.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK