Company Information

Get to know schools federal credit union

Founded in 1939 by a small group of school employees, Schools Federal Credit Union is a financial institution dedicated to serving its members. As a not-for-profit cooperative, it is owned and directed by its members, with a mission to provide them with a full range of financial services, including savings and checking accounts, loans, and investment options. The credit union focuses on the educational community, including employees, retirees, and students of schools in its service area, aiming to provide personalized service and financial well-being.

Industry

Financial BankingPRIMARY
Financial Other Service

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schools federal credit union

United States

Founded in

1939 (87 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.