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). First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. 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. Taking a decision to join a credit union, citizens create an organization through which they participate in the shared savings by mutual crediting and joint (collective) use of personal savings. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type. 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.
Shreveport, Louisiana have 18 agent Credit Union location in your country. All country.
First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. The main advantage of credit unions consists in transparency, controllability, governance for shareholders.
Agent | Contacts |
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American Bell Federal Credit Union, Shreveport |
3344 Youree Drive Shreveport, LA 71105
Phone: (318) 865-4271 Routing number: 01600 |
Aneca Federal Credit Union, Shreveport |
4361 Youree Drive Shreveport, LA 71105
Phone: (318) 698-6000 Routing number: 03212 |
Avenue Baptist Brotherhood Federal Credit Union, Shreveport |
901 W. 70th Street Shreveport, LA 71106
Phone: 318-670-8852 ext. 11 Routing number: 11658 |
Caddo Parish Teachers Federal Credit Union, Shreveport |
4625 Hearne Shreveport, LA 71108
Phone: (318) 631-5640 Routing number: 15589 |
Carver Branch Federal Credit Union, Shreveport |
3648 Darien Street Shreveport, LA 71109
Phone: (318) 621-0500 Routing number: 06109 |
Graphic Arts Credit Union, Shreveport |
222 Lake Street Shreveport, LA 71130
Phone: (318) 459-3387 Routing number: 60261 |
Louisiana Catholic Federal Credit Union, Shreveport |
648 E Kings Hwy Shreveport, LA 71105
Phone: (318) 219-8450 Routing number: 07331 |
Northwest Louisiana Federal Credit Union, Shreveport |
7070 Jewella Ave Shreveport, LA 71108
Phone: (318) 686-5438 Routing number: 21998 |
Post Office Employees Credit Union, Shreveport |
2443 Texas Ave Shreveport, LA 71103
Phone: (318) 222-1979 Routing number: 24712 Charter number: 311175750 |
Professional Fire Fighters Credit Union, Shreveport |
9410 Healthplex Drive Shreveport, LA 71106
Phone: (318) 603-0626 Routing number: 62337 |
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. 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 main advantage of credit unions consists in transparency, controllability, governance for shareholders. Income derived from the provision of services to its members, does not become the profit of credit union and is distributed among its members in proportion to their savings. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars 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. Credit union as a consumer cooperative operates on the principles of equality of all its members.