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. 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. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Credit unions appeared in England in the 19th century. In 1844 a group of workers from Rochdale established the first cooperative. 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. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.).
Ashland, Kentucky have 4 agent Credit Union location in your country. All country.
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 main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit.
Agent | Contacts |
---|---|
Ashland Credit Union, Ashland |
1300 Central Avenue Ashland, KY 41101
Phone: (606) 329-5489 Routing number: 61792 Charter number: 242175557 |
Bluegrass Community Federal Credit Union, Ashland |
2205 Carter Avenue Ashland, KY 41101
Phone: (606) 324-0888 Routing number: 12648 Charter number: 242175612 |
F.C.I. Ashland Federal Credit Union, Ashland |
Fci Ashland Federal Credit Union 716 Little Garner Road Ashland, KY 41105
Phone: (606) 929-4040 Routing number: 04366 Charter number: 242175599 |
Members Choice Credit Union, Ashland |
145 Russell Rd Ashland, KY 41101
Phone: (606) 329-7876 Routing number: 62026 Charter number: 242175528 |
In 1908. the spread of credit unions has reached the United States. In 1935 President Roosevelt signed the state Charter on credit unions, which became a law. 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 Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. Corporate alliances are intermediaries between credit unions and financial markets. 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.