Lutheran Federal Credit Union became the third new federally chartered credit union of 2014, according to the NCUA.
The NCUA's Office of Consumer Protection granted the charter to Lutheran Federal Credit Union to serve employees, active members and volunteers of the Lutheran Church – Missouri Synod and its affiliated districts, member congregations, seminaries and other closely aligned entities. The credit union is the first new federal charter in Missouri since 2005.
"All consumers need access to affordable financial products and services, and Lutheran Federal will help make those available to its members," NCUA Board Chairman Debbie Matz said. "I want to commend everyone involved for their commitment to establishing this credit union."
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