Credit Union Location in East Hartford, Connecticut

Representative organization, leading the coordination work in the field of development of both global and national credit union movement is the World Council of Credit Unions (WOCCU) established in 1971 (headquartered in Madison, USA). Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. 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. 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.

Credit Union Location in East Hartford, Connecticut

East Hartford, Connecticut have 5 agent Credit Union location in your country. All country.

Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars

Agent	Contacts
American Eagle Federal Credit Union, East Hartford	417 Main St East Hartford, CT 06118 Phone: (860) 568-2020 Routing number: 00080 Charter number: 211176891
Cng Federal Credit Union, East Hartford	77 Hartland Street First Floor East Hartford, CT 06108 Phone: (860) 528-1188 Routing number: 10795 Charter number: 211977171
East Hartford Federal Credit Union, East Hartford	92 Pitkin Street East Hartford, CT 06108 Phone: (860) 291-0345 Routing number: 13288 Charter number: 211176888
First New England Federal Credit Union, East Hartford	616 Burnside Avenue East Hartford, CT 06108 Phone: (860) 282-0001 Routing number: 02601 Charter number: 211176901
Victory/Piaterer Mutual Benefit Association Credit Union, East Hartford	21 High Street East Hartford, CT 06118 Phone: (860) 568-8881 Routing number: 61786 Charter number: 211179238

Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). 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. Credit unions perform the function of social protection in a vital for people sphere of financial services. They care about improving the financial literacy of the population, are working on the formation of their members and their employees. Credit union services are available only to its shareholders. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others.