Money transfer agent locations

Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. 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. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. Credit unions, like today's credit unions, emerged in the 19th century in Germany as a result of crop failure and famine.


Credit Union Location in Hawaii

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. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit.


Select your city for


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. As of the January 1, 2012 the national associations and confederations unite more than 196 million members participating in the 51,013 credit unions in 100 countries. Share contributions are transferred to the credit union on the basis of membership for the whole stay of a shareholder as member of the credit union and are the basis of membership. Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests.