Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. Like any financial institution, credit unions have the financial resources. To date, credit unions - virtually the only form of financial institution where people can quickly and without any problems get a relatively inexpensive cash loan. In recent decades, many credit unions began to resort to such form of service as Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. 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. Members of credit unions place in credit unions usually free fund balances, ie those that remain after expenses devoted to education of children, the acquisition of new properties, additional pension benefits, etc. Over 30% of the assets of credit unions are investments in government securities, certificates of deposit of banks and savings loan associations, as well as in the parent credit unions, and other risk-free investments. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type. Credit union as a consumer cooperative operates on the principles of equality of all its members.
Name | Contacts | Info |
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First Credit Union Of Gainesville Credit Union |
412 East University Avenue Gainesville, FL 32601 | Phone: (352) 372-8225 Routing number: 67432 Charter number: 263178481 |