Credit Union Location in Pueblo, Colorado

Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Credit union promotes the effective conservation of personal funds of its members, giving them the loans from the funds of the credit union, as well as the sharing of savings in education, housing, health care and other programs of social support and social development of its members. Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders. Share contributions are transferred to the credit union on the basis of membership for the whole stay of a shareholder as member of the credit union and are the basis of membership. Historically, credit unions have grown from the experience of credit cooperatives, but they took the experience of organizations of mutual aid of citizens by moving methods of social self-protection from labor and toward consumption. Important specifics of creating a credit union - an initiative order of organization: people do not receive any instructions, orders or regulations, the unification into a credit union occurs by their will and decision. Credit unions, like today's credit unions, emerged in the 19th century in Germany as a result of crop failure and famine. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.).

Credit Union Location in Pueblo, Colorado

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

When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders.

Agent	Contacts
Minnequa Works Credit Union, Pueblo	4700 Eagleridge Circle Pueblo, CO 81008-2120 Phone: 719-544-6928 ext. 1400 Routing number: 68240
Power Credit Union, Pueblo	1615 East Evans Pueblo, CO 81004 Phone: (719) 564-0710 Routing number: 64037
Pueblo Government Agencies Federal Credit Union, Pueblo	720 N Greenwood Ave Pueblo, CO 81003 Phone: (719) 542-3379 Routing number: 01499
Pueblo Horizons Federal Credit Union, Pueblo	1825 Hood Avenue Pueblo, CO 81003 Phone: (719) 542-5773 Routing number: 02449
Sunwest Educational Credit Union, Pueblo	4141 Sovereign Cir Pueblo, CO 81005 Phone: (719) 561-0804 Routing number: 65082

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. Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. Historically, credit unions have grown from the experience of credit cooperatives, but they took the experience of organizations of mutual aid of citizens by moving methods of social self-protection from labor and toward consumption. 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. Corporate alliances are intermediaries between credit unions and financial markets.