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. Like any financial institution, credit unions have the financial resources. 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. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. Membership in the credit union forms responsible citizens and conscientious attitude to their obligations as a norm of behavior, identify the value of a decent man's reputation in the business turnover. Credit unions are competitors of savings institutions, adding interest on deposits of members. This applies to the shares, as well as to additional funds transferred to the account in the credit union. Contributions from of shareholders in credit unions in no way can be considered as borrowed funds, they come from the shareholders and for the shareholders and can not be used to provide services to third parties. The right to use the services of the credit union have only its members.
Credit Union Location in Moundridge, Kansas
Moundridge, Kansas have 1 agent Credit Union location in your country. All country.
Like any financial institution, credit unions have the financial resources. The main advantage of credit unions consists in transparency, controllability, governance for shareholders.
| Agent | Contacts |
|---|---|
| Mid-Kansas Credit Union, Moundridge |
Mid-Kansas Credit Union 104 South Avenue B Moundridge, KS 67107
Phone: (620) 345-2980 Routing number: 60906 |
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. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. At the organization of the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Share contributions are transferred to the credit union on the basis of membership for the whole stay of a shareholder as member of the credit union and are the basis of membership. Until the 70's there was a proliferation of the U.S. credit unions due to the increase of their number and the number of shareholders, although it must be acknowledged that there was also and a qualitative growth. Credit unions are financial institutions, financial cooperatives of citizens, and in this capacity they are above all associations of people, not unification of capitals, which is typical, for example, for public companies.
- Western Union money transfer agent location in Massachusetts, Braintree
- Western Union money transfer agent location in Massachusetts, Webster
- Western Union money transfer agent location in Michigan, Ypsilanti
- Western Union money transfer agent location in Missouri, Bridgeton
- Western Union money transfer agent location in Nebraska, Mccook
- Western Union money transfer agent location in Ohio, Ashtabula
- Western Union money transfer agent location in Texas, Refugio
- Western Union money transfer agent location in Utah, Panguitch
- Western Union money transfer agent location in West Virginia, Mt Hope