Credit Union Location in South Portland, Maine

In the U.S., credit unions have a clear organizational structure. All credit unions belong to one or the other parent credit union (there are 35 of them in the U.S.). 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). The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests. The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. Credit union services are available only to its shareholders. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). In the credit union compensation for use of the loan (interest) is a source of compensation for savings. In the UK, credit unions are a source of financing of people groups. This tool is not widely used. 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 Location in South Portland, Maine

South Portland, Maine have 4 agent Credit Union location in your country. All country.

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). The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks.

Agent	Contacts
Coast Line Credit Union, South Portland	333 Cottage Road South Portland, ME 04106-3919 Phone: (207) 799-7245 Routing number: 60646 Charter number: 211288417
Maine Media Federal Credit Union, South Portland	295 Gannett Dr. South Portland, ME 04106 Phone: (207) 774-4307 Routing number: 00640 Charter number: 211288404
Semiconductor Of Maine Federal Credit Union, South Portland	333 Western Avenue Building 7 South Portland, ME 04106 Phone: (207) 775-8371 Routing number: 17436 Charter number: 211288585
Town & Country Federal Credit Union, South Portland	557 Main Street South Portland, ME 04106 Phone: (207) 773-5656 Routing number: 08486 Charter number: 211288640

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. Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type.