Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. Typically, donor contributions to the credit unions are targeted and used in the same statutory requirements and restrictions as the Mutual Financial Aid fund as a whole. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. Credit union services are available only to its shareholders. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit.
Credit Union Location in Loveland, Colorado
Loveland, Colorado have 1 agent Credit Union location in your country. All country.
Typically, donor contributions to the credit unions are targeted and used in the same statutory requirements and restrictions as the Mutual Financial Aid fund as a whole. Credit union services are available only to its shareholders.
| Agent | Contacts |
|---|---|
| Big Thompson Federal Credit Union, Loveland |
746 N Cleveland Ave Loveland, CO 80537-4715
Phone: (970) 669-4747 Routing number: 17484 |
Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. 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. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others. The right to use the services of the credit union have only its members. Corporate alliances are intermediaries between credit unions and financial markets.
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