Truliant Federal Credit Union
Nonprofit financial institution in Winston-Salem, North Carolina, USA
From Wikipedia, the free encyclopedia
Truliant Federal Credit Union is a nonprofit financial institution based in Winston-Salem, North Carolina.[3] Chartered in 1952, the credit union provides financial guidance and services to members in North Carolina, South Carolina and Virginia.[1] As of December 2025, Truliant has 334,169 members and $5.4 billion in assets.[2]
| |
 Headquarters of Truliant Federal Credit Union, Winston-Salem, North Carolina | |
Company type | Credit Union |
|---|---|
| Industry | Financial Institution |
| Founded | 1952[1] |
| Headquarters | Winston-Salem, North Carolina, United States |
Number of locations | 34 branches |
Area served | North Carolina, South Carolina, Virginia |
Key people | |
| Products | Consumer banking, business lending |
 US$91.1 million (2025) | |
| Total assets | US$5.4 billion (2025) |
| Members |  334,169 [2] |
| Capital ratio | 14% Risk-based capital ratio (2025) |
| Website | www |
History
In 1952, Truliant Federal Credit Union was chartered as the Radio Shops Credit Union to serve employees of Western Electric in Winston-Salem, Greensboro, and Burlington.[1][4] It was renamed North Carolina Works Federal Credit Union, then AT&T Family Federal Credit Union in 1983 with the goal of servicing employees of the telecommunications company.[1][5]
AT&T Family Federal Credit Union expanded its services beginning in 1987 to include employee groups at Krispy Kreme, Polo Ralph Lauren and other companies.[1] The American Bankers Association and five commercial banks sued AT&T Family Federal Credit Union in 1990 for expanding its membership to 150 employee groups nationwide,[6] claiming the expansion violated the 1934 Federal Credit Union Act, which states members of a credit union must have a “common bond.”[7] The U.S. Court of Appeals agreed, ruling against AT&T Family Credit Union in October 1996.[6] The National Credit Union Administration appealed the ruling; it then went to the Supreme Court, which voted 5 to 4 against AT&T Family Credit Union and other regional credit unions, saying it violated the 1934 law.[8] But President Bill Clinton signed a law in 1998 allowing AT&T Family Credit Union and all other credit unions to provide service to multiple groups.[9]
In 1999, the credit union changed its name to Truliant.[4] Truliant merged with Victory Masonic Credit Union, a historically African-American credit union in North Carolina, in 2004.[10]
Todd Hall was named president and CEO of Truliant in January 2020.[4]
Truliant opened an operations center in the 154,000-square-foot former Macy's space in Hanes Mall in January 2023. More than 200 people worked in a call center and other departments on two of the three floors. Expansion of the headquarters building had been considered, but rezoning was controversial.[11]