WINSTON-SALEM, N.C. – Truliant Federal Credit Union is among the latest to surpass the $1 billion in assets mark. The milestone for the credit union was reached on April 30 making it the fourth CU in the state to have more than $1 billion in assets. Truliant FCU President/CEO Marc Schaefer downplayed the accomplishment saying the CU’s success is directly tied to the nearly 175,000 members it serves. “We have to be a little careful about recognizing what being a $1 billion credit union means to us because that asset size is more of a banking yardstick than it is for our industry,” Schaefer recently told the Winston-Salem Journal. Chartered in 1952 as Radio Shops CU to serve employees of Western Electric Co., the CU changed its name to AT&T Family FCU and then became Truliant in 1999. The CU recently built a 122,000-square-foot headquarters and plans to expand its branching network here and in Florida, Ohio, South Carolina and Virginia. Truliant has 225 employees and serves 800 select employee groups. “Growing is good, but we have to keep it in perspective to make sure we are responding to the needs of our members,” Schaefer told the publication.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.