Money transfer agent locations

Credit unions base their activities on savings of shareholders, their shares and savings contributions, which make up the fund of mutual financial assistance - a source of cash loans to shareholders. Most modern credit unions represent specialized consumer cooperatives of citizens associated by the principle of social community: place of work, place of residence, profession, or any other shared interest. Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. 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. The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. 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. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type. Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Credit union as a consumer cooperative operates on the principles of equality of all its members.


Credit Union Location in Moscow, Idaho

Credit Union

Moscow, Idaho have 1 agent Credit Union location in your country. All country.

Most modern credit unions represent specialized consumer cooperatives of citizens associated by the principle of social community: place of work, place of residence, profession, or any other shared interest. 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.

Agent Contacts
Latah Federal Credit Union, Moscow 912 S Washington Moscow, ID 83843

Phone: (208) 882-0232
Routing number: 19564


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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. 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. 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. 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. Typically new members of the credit union become citizens having suretyship or recommendations from their friends - members of the credit union. 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). In recent decades, many credit unions began to resort to such form of service as