Credit Union Location in Lafayette, Louisiana

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. Borrowing rate for the credit union is a source of income to cover the administrative costs. All excess funds are returned to members in the form of dividends on savings. Activity of the credit union consists of organizing mutual financial assistance by meeting the needs of its members in the services of saving and obtaining loans. 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. 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. A credit union on its own initiative order is created by citizens (individuals) to solve their financial problems that they could not solve in other financial institutions. Corporate alliances are intermediaries between credit unions and financial markets.

Credit Union Location in Lafayette, Louisiana

Lafayette, Louisiana have 13 agent Credit Union location in your country. All country.

Borrowing rate for the credit union is a source of income to cover the administrative costs. All excess funds are returned to members in the form of dividends on savings. 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.

Agent	Contacts
Section 705 Federal Credit Union, Lafayette	1455 W Willow Street Lafayette, LA 70506 Phone: 337-232-8450 ext. 110 Routing number: 18749 Charter number: 265274503
St. Jules Credit Union, Lafayette	1600 N Bertrand Drive Lafayette, LA 70506 Phone: (337) 261-1151 Routing number: 61654 Charter number: 265274516
University Of Louisiana Federal Credit Union, Lafayette	1805 Johnston St Lafayette, LA 70503 Phone: (337) 482-6956 Routing number: 12570 Charter number: 265274545

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Typically, donor contributions to the credit unions are targeted and used in the same statutory requirements and restrictions as the Mutual Financial Aid fund as a whole. Representative organization, leading the coordination work in the field of development of both global and national credit union movement is the World Council of Credit Unions (WOCCU) established in 1971 (headquartered in Madison, USA). 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. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. Credit union as a consumer cooperative operates on the principles of equality of all its members.