Credit Union Location in So Portland, Maine

Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. 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. Membership in the credit union forms responsible citizens and conscientious attitude to their obligations as a norm of behavior, identify the value of a decent man's reputation in the business turnover. 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. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks. 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.

Credit Union Location in So Portland, Maine

So Portland, Maine have 1 agent Credit Union location in your country. All country.

First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. Membership in the credit union forms responsible citizens and conscientious attitude to their obligations as a norm of behavior, identify the value of a decent man's reputation in the business turnover.

Agent	Contacts
Blue Cross And Blue Shield Of Me Federal Credit Union, So Portland	2 Gannett Drive South Portland, ME 04106 Phone: 207-822-7483 ext. 7483 Routing number: 24249 Charter number: 211288187

In recent decades, many credit unions began to resort to such form of service as 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. Membership in the credit union forms responsible citizens and conscientious attitude to their obligations as a norm of behavior, identify the value of a decent man's reputation in the business turnover. Credit unions appeared in England in the 19th century. In 1844 a group of workers from Rochdale established the first cooperative. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations. 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. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit. Credit union as a consumer cooperative operates on the principles of equality of all its members.