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1990s

Home > About Us > 1990s
Home > About Us > 1990s

1990s

At the close of 1991, the Credit Union's 45th anniversary year, assets surpassed the $200 million mark, closing at $211.8 million.

In 1992, Northrop Employees Federal Credit Union ended the year at a record assets high of $233.5 million.

Responding to member requests, Flight Plan Financial Services, Inc., a wholly owned Credit Union subsidiary, was incorporated to offer investment and insurance products. On June 8th, Northrop Grumman dedicated the opening of its 26,000 square foot main office and headquarters at the Electronics Systems Division in Hawthorne, California. By joining the CU Service Centers and CU Deposit Network, the Credit Union added another 116 deposit locations.

In 1993, the Credit Union expanded service to Northrop employees in Norwood, Massachusetts. During September 1995, the Credit Union expanded services by opening a branch at a newly acquired site in Lake Charles, Louisiana. 1997 marked the opening of a new branch to serve employees at the St. Augustine, Florida, site. The Credit Union's growth was marked by assets in excess of $265 million as of April 1998.

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Important Numbers

Member Services: 800.633.2848 (available 24/7)

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