Credit Union Location in Colorado Springs, Colorado

To get a loan in the credit union a shareholder must be not only a formally adopted there, but necessary pay in cash contributions, the amount and order of payment of which approved by the General Assembly and fixed by the charter. To reduce the risk of default on loans members of the credit union shall the joint guarantee. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. Credit unions base their activities on savings of shareholders, their shares and savings contributions, which make up the fund of mutual financial assistance - a source of cash loans to shareholders. U.S. credit unions have another significant difference from the credit cooperatives of farmers: the first have major proportion of short-term loans, the second - long and mostly in real estate. To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity. Credit union as a consumer cooperative operates on the principles of equality of all its members. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.

Credit Union Location in Colorado Springs, Colorado

Colorado Springs, Colorado have 7 agent Credit Union location in your country. All country.

To reduce the risk of default on loans members of the credit union shall the joint guarantee. Credit unions base their activities on savings of shareholders, their shares and savings contributions, which make up the fund of mutual financial assistance - a source of cash loans to shareholders.

Agent	Contacts
Air Academy Federal Credit Union, Colorado Springs	9810 N. Union Blvd Colorado Springs, CO 80924 Phone: (719) 593-8600 Routing number: 10600
Colorado Springs Credit Union, Colorado Springs	2735 Dublin Blvd Colorado Springs, CO 80918 Phone: (719) 482-7600 Routing number: 62755
Ent Federal Credit Union, Colorado Springs	7250 Campus Drive Colorado Springs, CO 80920 Phone: (719) 574-1100 Routing number: 11570
Harrison District No 2 Federal Credit Union, Colorado Springs	1060 Harrison Rd Colorado Springs, CO 80905 Phone: (719) 527-1358 Routing number: 12056
One Thirteen Credit Union, Colorado Springs	3505 No Chestnut St Colorado Springs, CO 80906 Phone: (719) 632-7118 Routing number: 64340
Pikes Peak Credit Union, Colorado Springs	1616 North Circle Dr Colorado Springs, CO 80909 Phone: (719) 473-5962 Routing number: 68266
School District 3 Federal Credit Union, Colorado Springs	1180 Crawford Ave Colorado Springs, CO 80911 Phone: (719) 392-8439 Routing number: 13300

Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. In the U.S. credit unions timely and full repayment of loans is a common phenomenon. Unpaid and delinquent loans are not more than 3% of their amount. To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity. A potential new member of a credit union must submit a recommendation of shareholders in which the referee becomes a warrant of a future member of the credit union.