Western Federal Credit Union is a member-owned financial cooperative that integrates the credit union motto "people helping people" in all our business decisions. We hold steadfast in the belief stated by the treasurer of a midwestern credit union back in 1935 when credit unions were helping Americans through the Great Depression, "not for profit, not for charity, but for service."
Since the 2003 merger of equals with TRW Systems Federal Credit Union, Western is one of the nation's leading credit unions with over $1 billion in assets and over 119,000 members across the country. We have a diverse group of sponsor companies in our field of membership in industries such as information technology, service, airline, retail, manufacturing, and aerospace.
Western, like all credit unions, has a volunteer Board of Directors who is elected by the members. Since we don't have stockholders, we return earnings to our members through a full line of products and services, competitive rates, and fewer or no fees.
| 1955 | Founded as the state-chartered Ramo-Wooldridge Employees Credit Union by the employees of Ramo-Wooldridge Corporation. |
| 1965 | Changed name to TRW Systems Credit Union. (In 1958 Ramo-Wooldridge and Thompson Products Company merged to form Thompson Ramo-Wooldridge (TRW).) |
| 1983 | Obtained a federal charter after a merging with Sherwood Employees Federal Credit Union and changed name to TRW Systems Federal Credit Union. |
| 2003 | Merger of equals with Western Federal Credit Union. Northrop Grumman is Western's largest employer group. |
| 2005 | New Branch opens at Northrop Grumman's Rancho Carmel facility. |
| 2005 | Special website for Northrop Grumman employees launched (ngc.western.org) |
| 2005 | Redondo Beach branch is remodeled at Northrop Grumman's Space Park facility. |