Like any financial institution, credit unions have the financial resources. Is necessary that all shareholders of the credit union were members of a single community, would know each other well enough to enjoy mutual trust. 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 between credit unions and shareholders arise from the membership and are not customer relationship. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type. Credit unions historically formed as a special form of social support, initially taken upon themselves the social mission of protecting the interests of citizens in the field of financial services. On the consumer credit market in the U.S. credit unions are on the third place after the commercial banks and finance companies and are ahead of savings institutions, not taking into account the loans on real estate. Unlike banks credit unions limit their activities to a closed circle of people.
Seaford, Delaware have 2 agent Credit Union location in your country. All country.
Is necessary that all shareholders of the credit union were members of a single community, would know each other well enough to enjoy mutual trust. The relationship between credit unions and shareholders arise from the membership and are not customer relationship.
|Seaford Federal Credit Union, Seaford||
24488 Sussex Highway Unit 1 Seaford, DE 19973
Phone: (302) 629-7852
Routing number: 19930
Charter number: 231176897
|Sussex County Federal Credit Union, Seaford||
1941 Bridgeville Hwy Seaford, DE 19973
Phone: (302) 629-0100
Routing number: 13121
Charter number: 231176884
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. 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. Income derived from the provision of services to its members, does not become the profit of credit union and is distributed among its members in proportion to their savings. 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). The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. 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.