What are the 5 largest credit unions in the US?

Written by Editorial Team | Last Updated: August 2026

The American financial cooperative sector comprises massive member-owned credit unions that offer competitive deposit rates, lower loan fees, and robust digital banking services. Five of the largest credit unions in the United States, measured by total consolidated assets and membership size, include Navy Federal Credit Union, serving military personnel and their families; State Employees' Credit Union based in North Carolina; PenFed Credit Union, offering nationwide military and civilian membership; SchoolsFirst Federal Credit Union, catering to educational professionals in California; and BECU, formerly Boeing Employees' Credit Union, based in Washington state. These massive cooperative institutions manage billions of dollars in assets while providing member-focused banking alternatives.

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