Company Information

Get to know Desco Federal Credit Union

Founded in 1963 as the Dayton-Walther Employee Scioto County Federal Credit Union, the institution was originally established to serve the employees of the Dayton-Walther Corporation. After a merger in 1983, it adopted the name Desco Federal Credit Union. As a not-for-profit financial cooperative, its mission is to serve as the primary financial institution for its members by offering a full range of personal financial services, including savings and checking accounts, loans, and digital banking, while returning profits to members in the form of lower loan rates and higher savings yields.

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Financial BankingPRIMARY
Financial Other Service

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Desco Federal Credit Union

United States

Founded in

1963 (63 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.