Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. Credit unions also differ from the traditional consumer cooperatives. In the case of default the shareholder - individual will respond with its property and, in addition, is jointly and severally liable with the credit union's commitments. Credit unions are financial institutions, financial cooperatives of citizens, and in this capacity they are above all associations of people, not unification of capitals, which is typical, for example, for public companies. Corporate alliances are intermediaries between credit unions and financial markets.
Aurora, Colorado have 4 agent Credit Union location in your country. All country.
Credit unions also differ from the traditional consumer cooperatives. Credit unions are financial institutions, financial cooperatives of citizens, and in this capacity they are above all associations of people, not unification of capitals, which is typical, for example, for public companies.
Agent | Contacts |
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Aurora Schools Federal Credit Union, Aurora |
751 Chambers Road Aurora, CO 80011-7151
Phone: (303) 360-0987 Routing number: 14369 |
Fitzsimons Credit Union, Aurora |
2201 N Fitzsimons Pkwy Aurora, CO 80045
Phone: (303) 340-3343 Routing number: 10572 |
Members Federal Credit Union, Aurora |
6 Abilene St Aurora, CO 80011
Phone: (303) 755-2572 Routing number: 18574 |
Space Age Federal Credit Union, Aurora |
2495 S. Havana St F-18 Aurora, CO 80014
Phone: (303) 369-7666 Routing number: 08029 |
To date, credit unions - virtually the only form of financial institution where people can quickly and without any problems get a relatively inexpensive cash loan. Most modern credit unions represent specialized consumer cooperatives of citizens associated by the principle of social community: place of work, place of residence, profession, or any other shared interest. Main share of credit unions assets is concentrated in loans (about 50%), while the share of consumer loans in commercial banks and finance companies active operations rarely exceeds 15%. The most common type of loans in credit unions are loans to purchase new and used cars (40%), followed by first mortgages and second mortgages (35%), about 10% are unsecured personal loans to member of unions and about 15% - are loans on credit cards and other loans. Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. Credit unions also differ from the traditional consumer cooperatives. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. 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. 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. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.