We had a very humble beginning. As with most credit unions, a small group of people pooled their funds to create a source for loans. Those same people volunteered their time to nurture, manage, and direct the affairs of their fledgling cooperative.
Actually, we began as two credit unions that combined their resources many years later. The Vegas Air Base Federal Credit Union was started on February 10, 1950, when nine civilian employees pooled $5.00 each to begin their credit union. By the end of 1950, the credit union had grown to 77 members and had total deposits of $1,807. In ...
We had a very humble beginning. As with most credit unions, a small group of people pooled their funds to create a source for loans. Those same people volunteered their time to nurture, manage, and direct the affairs of their fledgling cooperative.
Actually, we began as two credit unions that combined their resources many years later. The Vegas Air Base Federal Credit Union was started on February 10, 1950, when nine civilian employees pooled $5.00 each to begin their credit union. By the end of 1950, the credit union had grown to 77 members and had total deposits of $1,807. In 1958, the credit union changed its name to Nellis Federal Credit Union.
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Number of Employees:
250-1000
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Annual Revenue:
$500M-1 Billion