Credit Union Location in Decatur, Illinois

Main share of credit unions assets is concentrated in loans (about 50%), while the share of consumer loans in commercial banks and finance companies active operations rarely exceeds 15%. The most common type of loans in credit unions are loans to purchase new and used cars (40%), followed by first mortgages and second mortgages (35%), about 10% are unsecured personal loans to member of unions and about 15% - are loans on credit cards and other loans. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.).

Credit Union Location in Decatur, Illinois

Decatur, Illinois have 11 agent Credit Union location in your country. All country.

Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.).

Agent	Contacts
Adm Credit Union, Decatur	3735 E. Williams Street Road Decatur, IL 62521 Phone: (217) 424-5605 Routing number: 61829 Charter number: 271182883
Antioch Mb Federal Credit Union, Decatur	530 West Mound Road Decatur, IL 62526 Phone: (217) 875-1730 Routing number: 20179 Charter number: 271182799
Decatur Medical Dental Credit Union, Decatur	2721 N Main St Decatur, IL 62526 Phone: (217) 872-3789 Routing number: 65842 Charter number: 271182964
Decatur Policemen Credit Union, Decatur	333 S. Franklin Street Decatur, IL 62523 Phone: (217) 767-8018 Routing number: 60293 Charter number: 271182980
Decatur Postal Credit Union, Decatur	214 N Franklin St Rm 220 Decatur, IL 62523 Phone: (217) 428-8333 Routing number: 65841 Charter number: 271182993
Decatur Stanolind Credit Union, Decatur	1120 S Jasper St Decatur, IL 62521 Phone: (217) 429-3340 Routing number: 65831 Charter number: 271183028
I.B.E.W. Local #146 Credit Union, Decatur	3390 N. Woodford St Decatur, IL 62526 Phone: (217) 877-6521 Routing number: 65840 Charter number: 271183109
Land Of Lincoln Credit Union, Decatur	2890 N Oakland Ave Decatur, IL 62526 Phone: (217) 875-1300 Routing number: 63716 Charter number: 271183015
Macon Co School Employees Federal Credit Union, Decatur	902 North Monroe Decatur, IL 62522 Phone: (217) 423-8297 Routing number: 11622 Charter number: 271183125
Staley Credit Union, Decatur	3330 N. Woodford St. Decatur, IL 62526 Phone: (217) 423-9767 Routing number: 81416 Charter number: 271183219

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Representative organization, leading the coordination work in the field of development of both global and national credit union movement is the World Council of Credit Unions (WOCCU) established in 1971 (headquartered in Madison, USA). Main share of credit unions assets is concentrated in loans (about 50%), while the share of consumer loans in commercial banks and finance companies active operations rarely exceeds 15%. The most common type of loans in credit unions are loans to purchase new and used cars (40%), followed by first mortgages and second mortgages (35%), about 10% are unsecured personal loans to member of unions and about 15% - are loans on credit cards and other loans. Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of 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. National Credit Union Insurance Fund was created by Congress in 1970 to insure deposits of credit union members in the amount of 100 thousand dollars. 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. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars Credit unions appeared in England in the 19th century. In 1844 a group of workers from Rochdale established the first cooperative. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type.