Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. Credit unions also differ from the traditional consumer cooperatives. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations.
Name | Contacts | Info |
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Lake Chem Community Federal Credit Union |
35 Us Hwy 68e Benton, KY 42025 | Phone: (270) 527-4389 Routing number: 20641 |