Credit Union Location in Redding, California

Membership in the credit union is voluntary and is open to all citizens bound by with joint work or residence, who wished to create a credit union to use its services and are willing to take on relevant commitments and responsibilities. Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. 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. All the members of the credit union, regardless of gender, ethnicity, religious and political beliefs, as well as the size of the monetary share have equal rights. 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. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. The right to use the services of the credit union have only its members.

Credit Union Location in Redding, California

Redding, California have 2 agent Credit Union location in your country. All country.

Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. All the members of the credit union, regardless of gender, ethnicity, religious and political beliefs, as well as the size of the monetary share have equal rights.

Agent	Contacts
Members 1st Credit Union, Redding	4710 Mountain Lakes Blvd Redding, CA 96003 Phone: (530) 222-6060 Routing number: 62677
Ufcw #916 Federal Credit Union, Redding	1380 Hilltop Dr Redding, CA 96003 Phone: (530) 226-7446 Routing number: 09768

Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. Like the credit cooperatives, credit unions form associations of a higher level, which are called corporate credit unions. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. The relationship between credit unions and shareholders arise from the membership and are not customer relationship. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type. 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.