The $580 million True Sky Credit Union is the new name of theformer FAA Credit Union, the Oklahoma City-based cooperative announcedlast week.

“Our new name and look are the result of significant thought onwho we are as an institution and where we want to be in thefuture,” Steve Rasmussen, True Sky president/CEO, said. “We areimmensely proud of our history with the FAA and are grateful forthe continued support of our many members who work there. In recentyears, our membership has grown to include not just FAA employees,but also people from all walks of life.”

The credit union was founded 1946 to serve employees at theCivil Aeronautics Administration, which later became the FAA. The credit union expanded in 2001 to include members fromthe community and opened a bilingual branch in OklahomaCity.

True Sky serves more than 51,000 members.

As part of its rebranding efforts, True Sky is also updating itssignage in branches and new logos on its communication pieces, andupdating looks for its checks, debit and credit cards.

In addition, True Sky said it is launching a multi-facetedadvertising campaign, which includes billboards, social media andtelevision to introduce the fresh identity to the community.

True Sky also announced it is opening a new branch in Edmond,Okla., on Aug. 1.