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. Credit unions perform the function of social protection in a vital for people sphere of financial services. They care about improving the financial literacy of the population, are working on the formation of their members and their employees. Share contributions are transferred to the credit union on the basis of membership for the whole stay of a shareholder as member of the credit union and are the basis of membership. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others.
Credit Union Location in Huntington Beac, California
Huntington Beac, California have 1 agent Credit Union location in your country. All country.
Credit unions perform the function of social protection in a vital for people sphere of financial services. They care about improving the financial literacy of the population, are working on the formation of their members and their employees. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others.
| Agent | Contacts |
|---|---|
| Huntington Beach City Employees Credit Union, Huntington Beac |
2000 Main Street Room B-272 Huntington Beach, CA 92648
Phone: (714) 536-6517 Routing number: 60967 |
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. Credit union services are available only to its 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. Credit unions are competitors of savings institutions, adding interest on deposits of members. This applies to the shares, as well as to additional funds transferred to the account in the credit union. Contributions from of shareholders in credit unions in no way can be considered as borrowed funds, they come from the shareholders and for the shareholders and can not be used to provide services to third parties. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others.