Clearview Federal Credit Union
Encyclopedia
Clearview Federal Credit Union 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...

 based in Moon Township, Pennsylvania
Moon Township, Pennsylvania
Moon Township is a township along the Ohio River in Allegheny County, Pennsylvania, United States. Moon is a part of the Pittsburgh Metro Area and is located northwest of Pittsburgh. The origin of its name is unknown for certain, although it has been suggested that it derives from a...

, near Pittsburgh. Clearview primarily serves the Pittsburgh Metro Area
Pittsburgh Metro Area
The Pittsburgh Metropolitan Area is the metropolitan area surrounding the city of Pittsburgh, Pennsylvania. It is renowned for its industries including steel, glass and oil; moreover, its economy also thrives on healthcare, education, technology, robotics, financial services and more recently film...

, though it also has branches in Philadelphia, Pennsylvania
Philadelphia, Pennsylvania
Philadelphia is the largest city in the Commonwealth of Pennsylvania and the county seat of Philadelphia County, with which it is coterminous. The city is located in the Northeastern United States along the Delaware and Schuylkill rivers. It is the fifth-most-populous city in the United States,...

 and Charlotte, North Carolina
Charlotte, North Carolina
Charlotte is the largest city in the U.S. state of North Carolina and the seat of Mecklenburg County. In 2010, Charlotte's population according to the US Census Bureau was 731,424, making it the 17th largest city in the United States based on population. The Charlotte metropolitan area had a 2009...

.

History

The credit union started out as the Allegheny Airlines Federal Credit Union in 1953 in Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....

, where it was based before moving to the Pittsburgh area in 1966. Although it was originally for employees for Allegheny Airlines
Allegheny Airlines
Allegheny Airlines was an airline operating out of Pittsburgh, Pennsylvania, United States, from 1952 to 1979. It was a forerunner of today’s US Airways. Its headquarters were located on the grounds of Washington National Airport in Arlington County, Virginia....

 (the predecessor to U.S. Airways), it expanded through various mergers and acquisitions of other credit unions.

After various name changes to reflect its affiliation with the airline, the name was changed to Clearview in 2004 and its charter was changed to allow anyone who worked or lived in Southwestern Pennsylvania to join. Since then, they have expanded through opening new locations throughout the area and in neighboring areas.

Clearview primarily competes with smaller credit unions, in addition to banks
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 such as PNC Bank
PNC Financial Services
PNC Financial Services Group, Inc. is a U.S.-based financial services corporation, with assets of approximately $264.3 billion...

, Citizens Bank
Citizens Financial Group
Citizens Financial Group, Inc. is an American bank headquartered in Providence, Rhode Island, which operates in the states of Connecticut, Delaware, Illinois, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Vermont. Citizens is a wholly owned...

, Dollar Bank
Dollar Bank
Dollar Bank is a full service, regional bank serving both individuals and business customers, operating more than 50 branch offices and loan centers throughout the southwestern Pennsylvania and northeastern Ohio metropolitan areas. The bank’s Pennsylvania headquarters is located in downtown...

, National City Bank, and Huntington Bank
Huntington Bancshares
Huntington Bancshares, Inc., is a US$53 billion Midwestern bank holding company headquartered in Columbus, Ohio. It is the 24th largest American bank. As of October 22, 2008, it was listed on the S&P 500...

.
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