Money transfer agent locations

Until the 70's there was a proliferation of the U.S. credit unions due to the increase of their number and the number of shareholders, although it must be acknowledged that there was also and a qualitative growth. 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. Important specifics of creating a credit union - an initiative order of organization: people do not receive any instructions, orders or regulations, the unification into a credit union occurs by their will and decision. Unlike banks credit unions limit their activities to a closed circle of people. A credit union on its own initiative order is created by citizens (individuals) to solve their financial problems that they could not solve in other financial institutions.


Credit Union Location in Manteca, California

Credit Union

Manteca, California have 1 agent Credit Union location in your country. All country.

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. Unlike banks credit unions limit their activities to a closed circle of people.

Agent Contacts
Golden Valley Federal Credit Union, Manteca 409 W Center St Manteca, CA 95336

Phone: (209) 825-5878
Routing number: 11652


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Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. 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. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. On the consumer credit market in the U.S. credit unions are on the third place after the commercial banks and finance companies and are ahead of savings institutions, not taking into account the loans on real estate. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.