History of FAA Credit Union

When FAA Credit Union was first founded, it was known as the CAA Employees Credit Union, which represented the Department of Commerce Civil Aeronautics Administration. The credit union began in 1946 when a group of CAA employees wanted to start a credit union that would help each other with their financial needs. A Certification of Incorporation was issued dated December 16.

Though the credit union was formed in 1946, it wasn’t until January of 1947 that it began operations with just 8 members. By the 1950s, however, the credit union had grown to the point that full-time managers had to be hired. The CAA department was also consolidated with the Federal Aviation Agency at the same time, so the name of the organization was changed to FAA Employees Credit Union in order to reflect this.

Fifty years later, the credit union adopted a federal charter, which required another name change and the expansion of its field of membership. This is how the credit union came to be known as FAA Credit Union. Membership is now open to individuals who live, work, worship or attend school in the six county area that surrounds the Oklahoma City Metro.

FAACU Today

As a local Oklahoma City credit union, FAA has seven branches in the area, including in Mustang, Capitol Hill, Norman, Edmond, Moore, Northwest Oklahoma City and an office at the Mike Monroney Aeronautical Center. Currently, FAA Credit Union has more than 44,000 members.