The theme song for Apple Federal Credit Union's strategic shift might have been "Everything Old is New Again."

Several years ago the Fairfax, Va.-based institution decided to refocus on its roots in education. While many credit unions have adopted community charters in order to grow membership and assets, AFCU committed to retaining its core membership while opening its ranks to additional school districts.

One result was the credit union reaching the billion dollar mark in 2008.

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