Dade County Federal Credit Union
Encyclopedia
Dade County Federal Credit Union is a credit union
based in Miami-Dade County, Florida
. It was established on May 1, 1939, by ten county employees. DCFCU converted to a community charter in 2003, opening their membership to anyone who lives, works, or worships in Miami-Dade County. The credit union offers bonds
, stock
s, and mutual fund
s through an affiliate of the Credit Union National Association
.
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 Miami-Dade County, Florida
Miami-Dade County, Florida
Miami-Dade County is a county located in the southeastern part of the state of Florida. As of 2010 U.S. Census, the county had a population of 2,496,435, making it the most populous county in Florida and the eighth-most populous county in the United States...
. It was established on May 1, 1939, by ten county employees. DCFCU converted to a community charter in 2003, opening their membership to anyone who lives, works, or worships in Miami-Dade County. The credit union offers bonds
Bond (finance)
In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest to use and/or to repay the principal at a later date, termed maturity...
, stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
s, and mutual fund
Mutual fund
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...
s through an affiliate of the Credit Union National Association
Credit Union National Association
The Credit Union National Association, commonly known as CUNA , is a national trade association for both state- and federally-chartered credit unions located in the United States. CUNA provides member credit unions with trade association services, such as lobbying, professional development, and...
.