Credit Union Location in Baltimore, Maryland

Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. The uniqueness of credit unions is that they put together the principles and benefits of financial cooperatives, consumer cooperatives and mutual aid funds, born once by trade unions. In the U.S. credit unions timely and full repayment of loans is a common phenomenon. Unpaid and delinquent loans are not more than 3% of their amount. Until the 70's there was a proliferation of the U.S. credit unions due to the increase of their number and the number of shareholders, although it must be acknowledged that there was also and a qualitative growth. 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. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). U.S. credit unions have another significant difference from the credit cooperatives of farmers: the first have major proportion of short-term loans, the second - long and mostly in real estate. Credit union as a consumer cooperative operates on the principles of equality of all its members.

Credit Union Location in Baltimore, Maryland

Baltimore, Maryland have 24 agent Credit Union location in your country. All country.

The uniqueness of credit unions is that they put together the principles and benefits of financial cooperatives, consumer cooperatives and mutual aid funds, born once by trade unions. Until the 70's there was a proliferation of the U.S. credit unions due to the increase of their number and the number of shareholders, although it must be acknowledged that there was also and a qualitative growth.

Agent	Contacts
The Mount Lebanon Federal Credit Union, Baltimore	2812 Reisterstown Road Baltimore, MD 21215 Phone: 410-225-0030 ext. 21215 Routing number: 20038 Charter number: 252076439
Triple C 16 Federal Credit Union, Baltimore	1103 North Point Blvd., Ste. 422 Baltimore, MD 21224 Phone: (410) 284-7820 Routing number: 09176 Charter number: 252076785
US Coast Guard Community Credit Union, Baltimore	2415 Hawkins Point Road Baltimore, MD 21226 Phone: (410) 789-5420 Routing number: 95740 Charter number: 252076824
W R Grace Maryland Employees Federal Credit Union, Baltimore	5500 Chemical Baltimore, MD 21226 Phone: (410) 354-6794 Routing number: 10545 Charter number: 252076866

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Activity of the credit union consists of organizing mutual financial assistance by meeting the needs of its members in the services of saving and obtaining loans. Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. 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). To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks.