Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. All the members of the credit union, regardless of gender, ethnicity, religious and political beliefs, as well as the size of the monetary share have equal rights. Over 30% of the assets of credit unions are investments in government securities, certificates of deposit of banks and savings loan associations, as well as in the parent credit unions, and other risk-free investments. 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. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others. Credit unions historically formed as a special form of social support, initially taken upon themselves the social mission of protecting the interests of citizens in the field of financial services.
Credit Union Location in Lydia, Louisiana
Lydia, Louisiana have 1 agent Credit Union location in your country. All country.
All the members of the credit union, regardless of gender, ethnicity, religious and political beliefs, as well as the size of the monetary share have equal rights. 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.
| Agent | Contacts |
|---|---|
| Morton Weeks Federal Credit Union, Lydia |
4017 Darnall Rd New Iberia, LA 70560
Phone: (337) 367-5503 Routing number: 17334 Charter number: 265274820 |
Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. 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. Important specifics of creating a credit union - an initiative order of organization: people do not receive any instructions, orders or regulations, the unification into a credit union occurs by their will and decision. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.
- Western Union money transfer agent location in Alabama, Muscle Shoals
- Western Union money transfer agent location in Missouri, Webster Groves
- Western Union money transfer agent location in New Mexico, Clovis
- Western Union money transfer agent location in North Dakota, Lamoure
- Western Union money transfer agent location in North Dakota, New Rockford