December 2012 Thrivent Financial for Lutherans, a faith-based, not-for-profit membership organization with nearly 2.5 million members and more than $75 billion in assets under management, chartered a member-owned, member-governed federal credit union that accepted the transfer of all deposits and virtually all other assets and liabilities of Thrivent Financial Bank on December 1, 2012. Thrivent Financial Credit Union has approximately $500 million in assets, making it one of the largest faith-based credit unions in the United States. Thrivent Federal Credit Union is owned by its credit union members, not by Thrivent Financial for Lutherans.Anyone within the credit union’s “field of … [Read more...]