Credit Union Location in Urbandale, Iowa

National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. 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 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. 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 relationship between credit unions and shareholders arise from the membership and are not customer relationship. Historically, credit unions have grown from the experience of credit cooperatives, but they took the experience of organizations of mutual aid of citizens by moving methods of social self-protection from labor and toward consumption. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations. 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.

Credit Union Location in Urbandale, Iowa

Urbandale, Iowa have 3 agent Credit Union location in your country. All country.

The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. 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.

Agent	Contacts
Midland Credit Union, Urbandale	2891 106th St Urbandale, IA 50322 Phone: (515) 278-1994 Routing number: 61918
Polk County Schools Employees Credit Union, Urbandale	3810 66th St Urbandale, IA 50322 Phone: (515) 276-6083 Routing number: 64360
Urbandale Municipal Employees Credit Union, Urbandale	9401 Hickman Road Urbandale, IA 50322 Phone: (515) 331-6823 Routing number: 65131

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. 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. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars 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. 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. 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.