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At the organization of the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Credit union services are available only to its shareholders. Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. The relationship between credit unions and shareholders arise from the membership and are not customer relationship.


Credit Union Location in Monticello, Florida

Credit Union

Monticello, Florida have 1 agent Credit Union location in your country. All country.

Credit union services are available only to its shareholders. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit.

Agent Contacts
Jefferson County Teachers Credit Union, Monticello 1500 W. Washington St Monticello, FL 32344

Phone: (850) 342-0250
Routing number: 67341
Charter number: 263180958


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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. The first credit union in the United States was founded in 1909. by the group of Franco-American Catholics in Manchester, New Hampshire, and was called "Cooperative Credit Association of St. Mary. " Credit union services are available only to its shareholders. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. 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. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Contributions from of shareholders in credit unions in no way can be considered as borrowed funds, they come from the shareholders and for the shareholders and can not be used to provide services to third parties. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit.