Type Credit union Founded 1964 | Industry Financial services | |
Headquarters El Segundo, California, U.S. Key people Teresa Freeborn, President and Chief Executive Total assets $1B under management USD (2016) | ||
Xceed Financial Credit Union is a federally chartered credit union and financial institution serving Xerox, OfficeMax, Seneca Park Zoo, Heal the Bay, Webster Public Library, Alorica, and more than 300 additional select employer groups (SEGs), organizations, and communities nationwide. It operates Financial Centers and sales offices in nine states.
Contents
Member savings at Xceed Financial Credit Union are backed by the full faith and credit of the United States government, up to $250,000 per account, through the National Credit Union Share Insurance Fund (NCUSIF). This level of insurance protection is permanently established under the Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law July 21, 2010.
As a federally chartered credit union, Xceed Financial Credit Union is governed by the National Credit Union Administration (NCUA), the federal agency responsible for regulating federal credit unions.
History
Xceed Financial Credit Union started in 1964 as Scientific Data Systems Credit Union and became Xerox Federal Credit Union in 1970. In April, 2008, the credit union changed its name to Xceed Financial Credit Union, and is typically referred to as Xceed or Xceed Financial. It has nearly $1 billion in assets under management and 70,000 members.
Mergers and Acquisitions
Products and Services
Xceed Financial offers the following:
Locations
California
Connecticut
New Jersey
New York
North Carolina
Pennsylvania
Texas