Like any financial institution, credit unions have the financial resources. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. Typically new members of the credit union become citizens having suretyship or recommendations from their friends - members of the credit union. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type. Credit unions base their activities on savings of shareholders, their shares and savings contributions, which make up the fund of mutual financial assistance - a source of cash loans to shareholders. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.
Zachary, Louisiana have 3 agent Credit Union location in your country. All country.
Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative.
Agent | Contacts |
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Gp Louisiana Federal Credit Union, Zachary |
820 W. Mt. Pleasant Rd Zachary, LA 70791
Phone: (225) 654-7230 Routing number: 19320 Charter number: 265476657 |
Lane Memorial Federal Credit Union, Zachary |
6300 Main Street Zachary, LA 70791
Phone: (225) 658-4350 Routing number: 15202 Charter number: 265476660 |
Zachary Community Federal Credit Union, Zachary |
5746 Rollins Road Zachary, LA 70791
Phone: (225) 654-3164 Routing number: 18219 Charter number: 265476673 |
Like the credit cooperatives, credit unions form associations of a higher level, which are called corporate credit unions. Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. To reduce the risk of default on loans members of the credit union shall the joint guarantee. 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. 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.