The National Credit Union Administration chartered ELCA Federal Credit Union to serve employees, members, synods and member congregations of the Evangelical Lutheran Church in America.
The Evangelical Lutheran Church in America has almost 4 million members.
The credit union’s headquarters will be located in Chicago and it expects to open in the first quarter of 2016.
This is the third federal credit union to be chartered this year and the first new federal credit union in Illinois since 2006.
Read the press release.
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