Y-12 Federal Credit Union is a federally chartered not for profit organization, owned by its members, offering a wide range of financial services to its members/owners. The Credit Union was chartered in 1950, to serve the employees of the Union Carbide Y-12 Nuclear Weapons Production Plant. Beginning assets totaled $15,000.The Credit Union served only the employees of the Y-12 Plant until deregulation in 1982. At that time credit unions were given the opportunity to broaden their family membership eligibility and offer credit union services to employee groups outside their main sponsor. In 2003,the Credit Union switched to a community charter and now serves 110,000+members in 8 counties.
The Credit Union currently has 16branches. With assets currently totaling more than $1.9Billion and 350+ employees, Y-12 FCU is positioned for steady growth while maintaining the credit union principles of safety, soundness, financial strength, trustworthiness, and excellence in member service.