Credit Union Location in Kokomo, Indiana

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. To get a loan in the credit union a shareholder must be not only a formally adopted there, but necessary pay in cash contributions, the amount and order of payment of which approved by the General Assembly and fixed by the charter. Since the early 80's started the process of consolidation of credit unions, leading to a decrease in their number with a simultaneous increase in the total number of members. 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. 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. Taking a decision to join a credit union, citizens create an organization through which they participate in the shared savings by mutual crediting and joint (collective) use of personal savings.

Credit Union Location in Kokomo, Indiana

Kokomo, Indiana have 9 agent Credit Union location in your country. All country.

To get a loan in the credit union a shareholder must be not only a formally adopted there, but necessary pay in cash contributions, the amount and order of payment of which approved by the General Assembly and fixed by the charter. 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.

Agent	Contacts
City Of Firsts Community Federal Credit Union, Kokomo	1120 S Main St Kokomo, IN 46902 Phone: (765) 454-5590 Routing number: 03012
Financial Builders Federal Credit Union, Kokomo	2828 So. Lafountain St Kokomo, IN 46902 Phone: (765) 455-0500 Routing number: 16213
Haynes Community Federal Credit Union, Kokomo	1801 S. Park Road Kokomo, IN 46902 Phone: (765) 456-3043 Routing number: 05773
Howard County School Em Federal Credit Union, Kokomo	105 Southway Blvd., West Kokomo, IN 46902 Phone: (765) 453-6688 Routing number: 16065
Indiana Heartland Federal Credit Union, Kokomo	319 South Berkley Kokomo, IN 46901 Phone: (765) 854-3067 Routing number: 24108
Indiana United Methodist Federal Credit Union, Kokomo	3415 South Lafountain St Suite J Kokomo, IN 46902 Phone: (765) 864-9000 Routing number: 11799
Kokomo Heritage Federal Credit Union, Kokomo	901 South Courtland Avenue Kokomo, IN 46901 Phone: (765) 457-8209 Routing number: 13187
Kokomo Post Office Credit Union, Kokomo	2719 S Webster St Kokomo, IN 46902 Phone: (765) 455-8357 Routing number: 66816
Solidarity Community Federal Credit Union, Kokomo	201 Southway Boulevard East Kokomo, IN 46902 Phone: (765) 453-4020 Routing number: 09923

Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. 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. The value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. The right to use the services of the credit union have only its members. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.