SkyOne Federal Credit Union


SkyOne Federal Credit Union is a US credit union, headquartered in Hawthorne, California, it is federally insured by the National Credit Union Administration and is an Equal Housing Lender. It offers financial services to air transportation employees and their families.

History

SkyOne Federal Credit Union was founded in July 1949 as CAA First Federal Credit Union with eight members, to serve the Civil Aeronautics Administration employees and their dependents. In 1978, the credit union changed its name from CAA to FAA and was serving FAA employees in 13 Western states.
In January 2010 FAA First FCU again changed its name to SkyOne FCU in order to reflect as a nationwide brand. The new branding helped the credit union to better identify with its membership open to those working in the air transportation industry. In 2008, SkyOne partnered with the United Insurance Partners to give its members access to purchase auto, homeowner and RV insurance from more than 15 insurance providers at competitive rates.
As of August 2016, SkyOne FCU had more than $383 million in assets, and over 36,000 members worldwide.

Membership

SkyOne's field of membership is set by the National Credit Union Administration. As with all credit unions, membership in SkyOne is limited to individuals sharing the common bond defined in its credit union charter. Membership in SkyOne is limited to air transportation employees and their dependents who live and work in the United States.

Services

SkyOne offers a suite of account services offered by most financial institutions, including checking and savings accounts, individual retirement accounts, money market accounts, auto and motorcycle loans, personal loans, lines of credit options, real estate loans, mortgage loans, home equity loans, certificates, and credit cards. The company also provides online and mobile banking, insurance, financial planning, investment, and online bill pay options.

Awards and recognition

2014- Received the Marketing award from the Internet Marketing Association.
2015- Awarded for outstanding communications by the Marketing Association of Credit Unions
2016- Honored with a Diamond award by the Credit Union National Association.