A credit union is a cooperative financial institution that is owned and controlled by its members. Credit unions differ from banks and other financial institutions in that the members who have accounts in the credit union are the owners of the credit union. The Arizona State Credit Union was formed in the year nineteen fifty one to aid the state employees with there savings and money matters. In the past half century and more this credit union has grown considerably in size and now it is the largest state chartered, federally insured credit union in Arizona. The union now has assets in excess of one billion dollars and well over one hundred and thirty thousand members. If you would like to find out about all the benefits of joining the Arizona State Credit Union, then you should take a look at there official web site, which can be found at www.azstcu.org.