Credit Union Location in Stratford, Connecticut

In 1908. the spread of credit unions has reached the United States. In 1935 President Roosevelt signed the state Charter on credit unions, which became a law. Until the 70's there was a proliferation of the U.S. credit unions due to the increase of their number and the number of shareholders, although it must be acknowledged that there was also and a qualitative growth. The value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. Credit unions, like today's credit unions, emerged in the 19th century in Germany as a result of crop failure and famine. Credit unions are financial institutions, financial cooperatives of citizens, and in this capacity they are above all associations of people, not unification of capitals, which is typical, for example, for public companies. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). 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 Stratford, Connecticut

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

Until the 70's there was a proliferation of the U.S. credit unions due to the increase of their number and the number of shareholders, although it must be acknowledged that there was also and a qualitative growth. Credit unions, like today's credit unions, emerged in the 19th century in Germany as a result of crop failure and famine.

Agent	Contacts
First Baptist Church (Stratford) Federal Credit Union, Stratford	40 Johnson Ct Stratford, CT 06615 Phone: (203) 378-9228 Routing number: 21614 Charter number: 221174430
Housatonic Teachers Federal Credit Union, Stratford	2900 Main St Stratford, CT 06614 Phone: (203) 378-7503 Routing number: 00366 Charter number: 221180796
Mckesson Federal Credit Union, Stratford	97 Honeyspot Road Stratford, CT 06615 Phone: (203) 381-9492 Routing number: 01706 Charter number: 221182804
Sikorsky Financial Credit Union, Stratford	1000 Oronoque Lane Stratford, CT 06614 Phone: (203) 377-2252 Routing number: 68453 Charter number: 221180806
Stratford Municipal Employees Federal Credit Union, Stratford	3569 Main St Stratford, CT 06615 Phone: (203) 377-5888 Routing number: 13498 Charter number: 221180822

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. The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. Membership in the credit union forms responsible citizens and conscientious attitude to their obligations as a norm of behavior, identify the value of a decent man's reputation in the business turnover. 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. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). Credit cooperatives and credit unions exist in many different forms. The main differences relate to the nature of the membership and the opening of a credit institution.