National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests. Credit unions also differ from the traditional consumer cooperatives. Credit union services are available only to its shareholders. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. A potential new member of a credit union must submit a recommendation of shareholders in which the referee becomes a warrant of a future member of the credit union. Income derived from the provision of services to its members, does not become the profit of credit union and is distributed among its members in proportion to their savings.
Credit Union Location in Elyria, Ohio
Elyria, Ohio have 4 agent Credit Union location in your country. All country.
The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests. Credit union services are available only to its shareholders.
| Agent | Contacts |
|---|---|
| Community Star Credit Union, Elyria |
832 Cleveland Street Elyria, OH 44035
Phone: (440) 365-7342 Routing number: 95008 Charter number: 241278361 |
| Lorain County Postal Employees Credit Union, Elyria |
345 E. Bridge St Elyria, OH 44035
Phone: (440) 323-3074 Routing number: 62213 Charter number: 241278442 |
| Manatrol Division Employees Credit Union, Elyria |
520 Ternes Avenue Elyria, OH 44035
Phone: (440) 366-1250 Routing number: 63053 Charter number: 241278471 |
| School Employees Lorain County Credit Union, Elyria |
340 Griswold Rd Elyria, OH 44035
Phone: (440) 324-3400 Routing number: 61008 Charter number: 241278507 |
National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders. Since the early 80's started the process of consolidation of credit unions, leading to a decrease in their number with a simultaneous increase in the total number of members. Taking a decision to join a credit union, citizens create an organization through which they participate in the shared savings by mutual crediting and joint (collective) use of personal savings. A potential new member of a credit union must submit a recommendation of shareholders in which the referee becomes a warrant of a future member of the credit union.
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