Credit Union Location in Boulder, Colorado

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. Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. 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. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. The relationship between credit unions and shareholders arise from the membership and are not customer relationship. The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU. 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. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit.

Credit Union Location in Boulder, Colorado

Boulder, Colorado have 5 agent Credit Union location in your country. All country.

Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. 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.

Agent	Contacts
Ashoka Credit Union, Boulder	3405 Penrose Pl Ste 102 Boulder, CO 80301 Phone: (303) 444-9003 Routing number: 63418
Boulder Municipal Employees Federal Credit Union, Boulder	2800 Arapahoe Ave Boulder, CO 80303 Phone: (303) 441-7800 Routing number: 16710
Boulder Valley Credit Union, Boulder	5505 Arapahoe Ave Boulder, CO 80303 Phone: (303) 442-8850 Routing number: 62574
Elevations Credit Union, Boulder	2300 55th Street Boulder, CO 80301 Phone: (303) 443-4672 Routing number: 68565
Premier Members Federal Credit Union, Boulder	5495 Arapahoe Avenue Boulder, CO 80303 Phone: (303) 657-7000 Routing number: 17277

Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. Borrowing rate for the credit union is a source of income to cover the administrative costs. All excess funds are returned to members in the form of dividends on savings. The number of shareholders of a credit union is limited and formalized by a list. Limit of the number is defined by the assembly and such assembly establishes the charter. The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. Credit union services are available only to its shareholders. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit.