Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. 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. 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. All the members of the credit union, regardless of gender, ethnicity, religious and political beliefs, as well as the size of the monetary share have equal rights. The relationship of shareholders with credit union are not client-based, they are co-operative, based on different principles and standards, in particular, on the principles of the law of obligations. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. Unlike banks, in order to use the services of a credit union, you have to become its member, having written an application and having paid thus shares and membership fee. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks.
Credit Union Location in Groton, Connecticut
Groton, Connecticut have 3 agent Credit Union location in your country. All country.
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. All the members of the credit union, regardless of gender, ethnicity, religious and political beliefs, as well as the size of the monetary share have equal rights.
| Agent | Contacts |
|---|---|
| Charter Oak Federal Credit Union, Groton |
32 Chicago Avenue Groton, CT 06340
Phone: (860) 446-8085 Routing number: 03413 Charter number: 211176998 |
| Groton Municipal Employees Federal Credit Union, Groton |
295 Meridian St Groton, CT 06340
Phone: (860) 446-4121 Routing number: 10892 Charter number: 211177007 |
| Ledge Light Federal Credit Union, Groton |
60 Colver Avenue Groton, CT 06340
Phone: (860) 445-1060 Routing number: 24029 Charter number: 211177010 |
Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. Credit union services are available only to its shareholders. 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. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others. Credit Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members.
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