Security Service Federal Credit Union
Encyclopedia
Security Service Federal Credit Union, commonly shortened to SSFCU, is a federally insured, state chartered, 6 billion dollar, more than 840,000 members, natural person
, credit union
operating from over 65 service centers in Texas
, Colorado
, and Utah
. Security Service is the largest credit union in San Antonio, Texas
, 3rd largest in Colorado, and the 8th largest in the United States, with access to +4,000 credit union locations nationwide through CU Service Centers
shared branching.
The routing number for Security Service Federal Credit Union is 314088637.
. The credit union charter has expanded to serve more than 840,000 members and more than 2,100 ways to join including several geographic locations.
by the National Credit Union Administration, have helped
expand the SSFCU field of membership and also responsible for the credit union entry into Colorado and Utah. A merger with the Fort Carson Federal Credit Union in 1980 brought Security Service to Colorado Springs and Pueblo, CO, with the merger of Mt. Carmel Credit
Union in 1989.
In 2004, SSFCU acquired Diakonia Credit Union in Denver,
Colorado which added their presence in the Denver market. In 2007, Security Service acquired
New Horizons Community Credit Union in Denver, Colorado, further expanding the Denver area with 4 new service centers,
and Diocese of Corpus Christi Credit Union in Corpus Christi,
Texas, establishing a service center in the Coastal Bend area of Texas. Also in 2007, SSFCU merged with Kilowatt Federal
Credit Union in Harlingen, Texas, with 2 service centers in the Rio Grande Valley. In 2008, SSFCU merged
with Horizon Credit Union in Portland, Texas (adding 3 additional Coastal bend locations) and Bexar
County Teacher’s Federal Credit Union in San Antonio, Texas (their first location in the downtown area of San Antonio). 2009 brought the credit union with two more acquisitions, another credit union in the Denver area (Aurora Catholic Credit Union) and its first presence known in West Texas ironically called West Texas Credit Union in El Paso, TX. During the late 2000s recession, SSFCU acquired the failed Norbel Credit Union of Colorado and its 16,000 members in a liquidation process. The Norbel board of directors selected Security Service to be its acquirer judging it to be extremely well suited to serve its members. In December 2010, the NCUA approved Security Service's offer to assume Salt Lake City's Beehive Credit Union's assets, making its first presence in the cities of Salt Lake City, Provo, Riverton, Sandy, South Jordan and St. George, Utah. In February 2011, Security Service FCU also acquired Family First Federal Credit Union of Orem, Utah. In addition to Orem, Security Service added locations in Pleasant Grove, Springville, American Fork, Payson and Lindon, Utah to its network of service centers.
Texas communities
Colorado communities
Utah communities
Family members of current members are also welcome to join.
Natural person
Variously, in jurisprudence, a natural person is a human being, as opposed to an artificial, legal or juristic person, i.e., an organization that the law treats for some purposes as if it were a person distinct from its members or owner...
, 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...
operating from over 65 service centers in Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
, Colorado
Colorado
Colorado is a U.S. state that encompasses much of the Rocky Mountains as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains...
, and Utah
Utah
Utah is a state in the Western United States. It was the 45th state to join the Union, on January 4, 1896. Approximately 80% of Utah's 2,763,885 people live along the Wasatch Front, centering on Salt Lake City. This leaves vast expanses of the state nearly uninhabited, making the population the...
. Security Service is the largest credit union in San Antonio, Texas
San Antonio, Texas
San Antonio is the seventh-largest city in the United States of America and the second-largest city within the state of Texas, with a population of 1.33 million. Located in the American Southwest and the south–central part of Texas, the city serves as the seat of Bexar County. In 2011,...
, 3rd largest in Colorado, and the 8th largest in the United States, with access to +4,000 credit union locations nationwide through CU Service Centers
CU Service Centers
CU Service Centers CU Service Centers CU Service Centers (commonly known as (shared branching) is an organization of credit unions that allows members of participating credit unions to process transactions at any participating branch. As of September 2011, the network included 4,372 participating...
shared branching.
The routing number for Security Service Federal Credit Union is 314088637.
History
Security Service Federal Credit Union began in 1956 with eight members and $25 in deposits. This not-for-profit, member-owned financial institution was founded to serve the financial needs of the U.S. Air Force Security ServiceU.S. Air Force Security Service
The United States Air Force Security Service was essentially the United States Air Force's cryptographic intelligence branch; its motto was Freedom through Vigilance. It was created in October 1948 and operated until 1979, when the branch was re-designated the Electronic Security Command...
. The credit union charter has expanded to serve more than 840,000 members and more than 2,100 ways to join including several geographic locations.
Mergers and acquisitions
Mergers, initiated by other credit unions, and some facilitatedby the National Credit Union Administration, have helped
expand the SSFCU field of membership and also responsible for the credit union entry into Colorado and Utah. A merger with the Fort Carson Federal Credit Union in 1980 brought Security Service to Colorado Springs and Pueblo, CO, with the merger of Mt. Carmel Credit
Union in 1989.
In 2004, SSFCU acquired Diakonia Credit Union in Denver,
Colorado which added their presence in the Denver market. In 2007, Security Service acquired
New Horizons Community Credit Union in Denver, Colorado, further expanding the Denver area with 4 new service centers,
and Diocese of Corpus Christi Credit Union in Corpus Christi,
Texas, establishing a service center in the Coastal Bend area of Texas. Also in 2007, SSFCU merged with Kilowatt Federal
Credit Union in Harlingen, Texas, with 2 service centers in the Rio Grande Valley. In 2008, SSFCU merged
with Horizon Credit Union in Portland, Texas (adding 3 additional Coastal bend locations) and Bexar
County Teacher’s Federal Credit Union in San Antonio, Texas (their first location in the downtown area of San Antonio). 2009 brought the credit union with two more acquisitions, another credit union in the Denver area (Aurora Catholic Credit Union) and its first presence known in West Texas ironically called West Texas Credit Union in El Paso, TX. During the late 2000s recession, SSFCU acquired the failed Norbel Credit Union of Colorado and its 16,000 members in a liquidation process. The Norbel board of directors selected Security Service to be its acquirer judging it to be extremely well suited to serve its members. In December 2010, the NCUA approved Security Service's offer to assume Salt Lake City's Beehive Credit Union's assets, making its first presence in the cities of Salt Lake City, Provo, Riverton, Sandy, South Jordan and St. George, Utah. In February 2011, Security Service FCU also acquired Family First Federal Credit Union of Orem, Utah. In addition to Orem, Security Service added locations in Pleasant Grove, Springville, American Fork, Payson and Lindon, Utah to its network of service centers.
| May 1974 | San Antonio Air Guard CU | San Antonio, TX |
| April 1975 | Camp Stanley CU | Uvalde, TX |
| March 1980 | Ft. Carson FCU | Ft. Carson, CO |
| April 1983 | Honey Capital CU | Uvalde, TX |
| September 1986 | Southwest Methodist FCU | San Antonio, TX |
| July 1987 | Metrotech CU | San Antonio, TX |
| October 1987 | Joske's FCU | San Antonio, TX |
| February 1989 | Mt. Carmel CU (Catholic) | Pueblo, CO |
| March 1989 | Bordens Dairy CU | San Antonio, TX |
| February 1993 | San Antonio Light Credit Union | San Antonio, TX |
| September 2004 | Diakonia CU | Denver, CO |
| July 2007 | Diocese of Corpus Christi FCU | Corpus Christi, TX |
| New Horizon Community CU | Denver, CO | |
| August 2007 | Kilowatt FCU | Harlingen, TX |
| January 2008 | Horizon FCU | Portland, TX |
| December 2008 | Bexar County Teachers FCU | San Antonio, TX |
| March 2009 | Aurora Catholic FCU | Aurora, CO |
| October 2009 | West Texas Credit Union | El Paso, TX |
| July 2010 | Norbel Credit Union | Fort Collins, CO |
| December 2010 | Beehive Credit Union | Salt Lake City, UT |
| February 2011 | Family First Federal Credit Union | Orem, UT |
Membership
A wide range of military, government, school, religious, and business organizations are Select Employee Groups (SEGs) eligible for SSFCU membership. Additionally, persons who live, work, or worship in the following communities qualify:Texas communities
- Atascosa County, Texas
- Boerne, TexasBoerne, TexasBoerne is a city in the Hill Country of Texas in the United States. It is the county seat of Kendall County. Boerne was named in honor of Ludwig Börne, a Jewish German author and publicist, and its population was 10, 471 in the 2010 census. The city is noted for the landmark U.S. Supreme Court...
- Cameron County, TexasCameron County, TexasCameron County is the southernmost county located in the U.S. state of Texas. In 2010, its population was 406,220. Its county seat is Brownsville. Cameron was founded in 1848...
- Corpus Christi, TexasCorpus Christi, TexasCorpus Christi is a coastal city in the South Texas region of the U.S. state of Texas. The county seat of Nueces County, it also extends into Aransas, Kleberg, and San Patricio counties. The MSA population in 2008 was 416,376. The population was 305,215 at the 2010 census making it the...
- Hidalgo County, TexasHidalgo County, TexasHidalgo County is a county located in the U.S. state of Texas. Located in the Rio Grande Valley of South Texas, Hidalgo County is one of the fastest-growing counties in the United States, and is the seventh most-populous county in Texas. Its population in 2010 was 774,769, a 35% increase from 2000...
- Inside Loop 410
- Medina County, Texas
- South Bexar County, TexasBexar County, TexasAs of the census of 2000, there were 1,392,931 people, 488,942 households, and 345,681 families residing in the county. The population density was 1,117 people per square mile . There were 521,359 housing units at an average density of 418 per square mile...
- Uvalde County, TexasUvalde County, TexasUvalde County is a county located in the U.S. state of Texas. In 2000, its population was 25,926. Its county seat is Uvalde. The county is named for Juan de Ugalde, the Spanish governor of Coahuila. Uvalde County was founded by Reading Wood Black who also founded the city of Uvalde,...
Colorado communities
- Southern El Paso County, ColoradoEl Paso County, ColoradoEl Paso County is the most populous of the 64 counties of the state of Colorado of the United States, now more populous than Denver County. The United States Census Bureau concluded that the county population was 622,371 in 2010. In recent years, the population had come closer to that of Denver...
- Pueblo County, ColoradoPueblo County, ColoradoPueblo County is the tenth most populous of the 64 counties of the state of Colorado of the United States. The county was named for the historic city of Pueblo which took its name from the Spanish language word meaning "town" or "village". The United States Census Bureau estimates that the...
- Denver County, Colorado
- Employees & contractors at Fort Carson, and various other SEGs
Utah communities
- Salt Lake County, UtahSalt Lake County, UtahSalt Lake County is a county located in the U.S. state of Utah. It had a population of 1,029,655 at the 2010 census. Its county seat and largest city is Salt Lake City, the state capital. It occupies Salt Lake Valley, as well as parts of the surrounding mountains, the Oquirrh Mountains to the west...
- Utah County, UtahUtah County, UtahUtah County is a county located in the U.S. state of Utah. As of 2000, the population was 368,536 and by 2008 was estimated at 530,837. It was named for the Spanish name for the Ute Indians. The county seat and largest city is Provo...
- St. George Area Chamber of Commerce: Members (including organizations, associations, and businesses) of the St. George Area Chamber of Commerce and their employees as well as employees of the St. George Area Chamber of Commerce
- Member of the Utah National Guard
- Employees of State of Utah
- Members, employees of the Chiropractic Profession who hold license to practice in the State of Utah
Family members of current members are also welcome to join.
Services
Security Service Federal Credit Union offers these services:- Checking Accounts and related, including debit cardDebit cardA debit card is a plastic card that provides the cardholder electronic access to his or her bank account/s at a financial institution...
s - Savings AccountsSavings accountSavings accounts are accounts maintained by retail financial institutions that pay interest but cannot be used directly as money . These accounts let customers set aside a portion of their liquid assets while earning a monetary return...
- Certificates of DepositCertificate of depositA certificate of Deposit is a time deposit, a financial product commonly offered to consumers in the United States by banks, thrift institutions, and credit unions....
- IRAsIndividual Retirement AccountAn individual retirement arrangement is the blanket term for a form of retirement plan that provides tax advantages for retirement savings in the United States...
- Consumer loans of all kinds
- Lines of creditLine of creditA line of credit is any credit source extended to a government, business or individual by a bank or other financial institution. A line of credit may take several forms, such as overdraft protection, demand loan, special purpose, export packing credit, term loan, discounting, purchase of...
(LOC) - Credit cards
- Auto loans: Car loans, motorcycle loans, etc.
- Home equity loans and Home equity lines of creditHELOCA home equity line of credit is a loan in which the lender agrees to lend a maximum amount within an agreed period , where the collateral is the borrower's equity in his/her house...
- Lines of credit
- Mortgages
- Federally Insured Student loans
- Direct DepositAutomated Clearing HouseAutomated Clearing House is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches. ACH credit transfers include direct deposit payroll and vendor payments. ACH direct debit transfers include consumer payments...
- Home banking