Credit Union Location in Monroe, Louisiana

Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. To get a loan in the credit union a shareholder must be not only a formally adopted there, but necessary pay in cash contributions, the amount and order of payment of which approved by the General Assembly and fixed by the charter. 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. The first credit union in the United States was founded in 1909. by the group of Franco-American Catholics in Manchester, New Hampshire, and was called "Cooperative Credit Association of St. Mary. " In recent decades, many credit unions began to resort to such form of service as Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy.

Credit Union Location in Monroe, Louisiana

Monroe, Louisiana have 5 agent Credit Union location in your country. All country.

National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. 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.

Agent	Contacts
District 05 Dotd Federal Credit Union, Monroe	8010 Desiard Street Monroe, LA 71203 Phone: (318) 342-0146 Routing number: 14249
Federal Employees Credit Union, Monroe	416 Sheridan Ave Monroe, LA 71201 Phone: (318) 387-3215 Routing number: 62929
Louisiana Machinery Employees Federal Credit Union, Monroe	101 Lakeshore Drive Ste 7 Monroe, LA 71203 Phone: (318) 342-9722 Routing number: 14376
Monroe Credit Union, Monroe	1011 North 11th Street Monroe, LA 71201 Phone: (318) 410-4333 Routing number: 62935
Monroe Telco Federal Credit Union, Monroe	4705 Cypress Street West Monroe, LA 71291 Phone: (318) 397-4243 Routing number: 01725

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. Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. 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. 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. The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU. Credit cooperatives and credit unions exist in many different forms. The main differences relate to the nature of the membership and the opening of a credit institution. On the consumer credit market in the U.S. credit unions are on the third place after the commercial banks and finance companies and are ahead of savings institutions, not taking into account the loans on real estate.