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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. Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. Like the credit cooperatives, credit unions form associations of a higher level, which are called corporate credit unions. 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. 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 Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members. U.S. credit unions have another significant difference from the credit cooperatives of farmers: the first have major proportion of short-term loans, the second - long and mostly in real estate.


Credit Union Location in Bluffton, Indiana

Credit Union

Bluffton, Indiana have 1 agent Credit Union location in your country. All country.

Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. 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.

Agent Contacts
Bluffton Motor Works/Franklin Electric Employees Credit Union, Bluffton 410 East Spring Street Bluffton, IN 46714

Phone: (260) 827-2213
Routing number: 82753


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Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. 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. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. 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 Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.