Arkansas Federal Credit Union
Encyclopedia
Arkansas Federal Credit Union (AFCU) is a federally chartered 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...

 headquartered in Jacksonville, Arkansas
Jacksonville, Arkansas
Jacksonville is a city in Pulaski County, Arkansas, United States, and a suburb of Little Rock. As of the 2010 census, the population of the city was 28,364. It is part of the Little Rock–North Little Rock–Conway Metropolitan Statistical Area....

, and regulated under the authority of the National Credit Union Administration
National Credit Union Administration
The National Credit Union Administration is the United States independent federal agency that supervises and charters federal credit unions...

 (NCUA). AFCU is the largest credit union in Arkansas. As of 2010, AFCU had over $820 million in assets, approximately 85,000 members, and 13 branch locations.

Eligibility for membership is extended to employees of Little Rock Air Force Base
Little Rock Air Force Base
Little Rock Air Force Base is a United States Air Force base located approximately northeast of Little Rock, Arkansas.-Overview:...

, Camp Pike, Camp Robinson, Fort Chaffee
Fort Chaffee
Fort Chaffee Maneuver Training Center is in the northwest Arkansas region adjacent to the city of Fort Smith, located one mile southeast of Fort Smith Regional Airport. The Arkansas River flows eastward along the northern border of the post. Interstate 40 is five miles to the north on the...

, the State of Arkansas, federal employees in Arkansas and over 500 other select employee groups. Member deposits are insured up to $500,000 ($250K through NCUA and $250 through Excess Share Insurance).

Arkansas Federal Credit Union employees and members raised $49,877.39 in 2010 through several fundraising events, including the 5th Annual Arkansas Federal Golf Classic, candy and cardstock sales, and two Bunko Bash events. Since 1998, AFCU has contributed over $550,000 to the Arkansas Children's Hospital.
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