Chartered in 1935, the FRB FCU is a full-service financial institution. FRB FCU is a not-for-profit financial cooperative association owned by its members. As a member, you become an integral part of the larger credit union family dedicated to the principles of democratic cooperative self empowerment that govern credit unions throughout the United States and around the world. FRB FCU members help each other achieve financial objectives by taking advantage of the wide-range of credit union products and services. We exist to provide a broad range of financial services to our members. Credit Union members share a common bond of philosophy and employment. The ‘field of membership’ defines and limits eligibility.