Money transfer agent locations

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 number of shareholders of a credit union is limited and formalized by a list. Limit of the number is defined by the assembly and such assembly establishes the charter. 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. Credit unions are competitors of savings institutions, adding interest on deposits of members. This applies to the shares, as well as to additional funds transferred to the account in the credit union. In the UK, credit unions are a source of financing of people groups. This tool is not widely used. 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.


Marriott Employees Federal Credit Union, Credit Union Location Bethesda, Maryland


Name Contacts Info
Marriott Employees Federal Credit Union
10400 Fernwood Road Suite LL128 Bethesda, MD 20817 Phone: (301) 634-5100
Routing number: 08680
Charter number: 255083597
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