Credit Union Location in Tuscaloosa, Alabama

Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Like the credit cooperatives, credit unions form associations of a higher level, which are called corporate credit unions. Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. The uniqueness of credit unions is that they put together the principles and benefits of financial cooperatives, consumer cooperatives and mutual aid funds, born once by trade unions. Is necessary that all shareholders of the credit union were members of a single community, would know each other well enough to enjoy mutual trust. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). The relationship between credit unions and shareholders arise from the membership and are not customer relationship. Unlike banks credit unions limit their activities to a closed circle of people.

Credit Union Location in Tuscaloosa, Alabama

Tuscaloosa, Alabama have 8 agent Credit Union location in your country. All country.

Like the credit cooperatives, credit unions form associations of a higher level, which are called corporate credit unions. The uniqueness of credit unions is that they put together the principles and benefits of financial cooperatives, consumer cooperatives and mutual aid funds, born once by trade unions.

Agent	Contacts
Alabama Credit Union, Tuscaloosa	909 Anna Avenue Tuscaloosa, AL 35401 Phone: (205) 348-5944 Routing number: 60823 Charter number: 262277419
Alabama One Credit Union, Tuscaloosa	1215 Veterans Memorial Parkway Tuscaloosa, AL 35404 Phone: (205) 759-1595 Routing number: 68595 Charter number: 262277189
City Credit Union, Tuscaloosa	2302 Jack Warner Parkway Tuscaloosa, AL 35401 Phone: (205) 349-4209 Routing number: 62062 Charter number: 262277202
Dch Credit Union, Tuscaloosa	1008 Veterans Memorial Pkwy Tuscaloosa, AL 35404 Phone: (205) 759-7317 Routing number: 63940 Charter number: 262277215
Tuscaloosa County Credit Union, Tuscaloosa	2605 7th Street Tuscaloosa, AL 35401 Phone: (205) 344-5100 Routing number: 64464 Charter number: 262277309
Tuscaloosa Credit Union, Tuscaloosa	1100 21st Ave Tuscaloosa, AL 35401 Phone: (205) 345-6043 Routing number: 60485 Charter number: 262277260
Tuscaloosa Teachers Credit Union, Tuscaloosa	2520 6th Street Tuscaloosa, AL 35401 Phone: (205) 759-1505 Routing number: 60942 Charter number: 262277286
Tuscaloosa V A Federal Credit Union, Tuscaloosa	3701 Loop Road East Tuscaloosa, AL 35404 Phone: (205) 556-7819 Routing number: 07532 Charter number: 262277273

Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. 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. Credit union services are available only to its shareholders. National Credit Union Insurance Fund was created by Congress in 1970 to insure deposits of credit union members in the amount of 100 thousand dollars. Over 30% of the assets of credit unions are investments in government securities, certificates of deposit of banks and savings loan associations, as well as in the parent credit unions, and other risk-free investments. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. The right to use the services of the credit union have only its members. Credit unions base their activities on savings of shareholders, their shares and savings contributions, which make up the fund of mutual financial assistance - a source of cash loans to shareholders.