Membership in the credit union is voluntary and is open to all citizens bound by with joint work or residence, who wished to create a credit union to use its services and are willing to take on relevant commitments and responsibilities. Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. 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 of shareholders with credit union are not client-based, they are co-operative, based on different principles and standards, in particular, on the principles of the law of obligations. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.
Granite City, Illinois have 5 agent Credit Union location in your country. All country.
Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. The relationship of shareholders with credit union are not client-based, they are co-operative, based on different principles and standards, in particular, on the principles of the law of obligations.
Agent | Contacts |
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Gcs Federal Credit Union, Granite City |
3970 Maryville Road Granite City, IL 62040
Phone: (618) 797-7993 Routing number: 04336 |
Operating Engineers Local #148 Credit Union, Granite City |
1503 Lindell Boulevard Granite City, IL 62040
Phone: (618) 451-7642 Routing number: 63779 |
Processors-Industrial Community Credit Union, Granite City |
Processors-Industrial Community Credit Union 2400 Madison Avenue Granite City, IL 62040
Phone: (618) 452-2752 Routing number: 60147 |
School District #9 Credit Union, Granite City |
3361 Fehling Road Suite #7 Granite City, IL 62040
Phone: (618) 877-5198 Routing number: 60739 |
United Catholic Credit Union, Granite City |
2312 Arnold Drive Granite City, IL 62040-2525
Phone: (618) 797-1020 Routing number: 65366 |
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. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. The relationship of shareholders with credit union are not client-based, they are co-operative, based on different principles and standards, in particular, on the principles of the law of obligations. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. In the case of default the shareholder - individual will respond with its property and, in addition, is jointly and severally liable with the credit union's commitments.