Credit Union Location in Boston, Massachusetts

Most modern credit unions represent specialized consumer cooperatives of citizens associated by the principle of social community: place of work, place of residence, profession, or any other shared interest. 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. 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. 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 Boston, Massachusetts

Boston, Massachusetts have 15 agent Credit Union location in your country. All country.

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. 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.

Agent	Contacts
Alpha Credit Union, Boston	185 Pilgrim Rd Boston, MA 02215 Phone: (617) 632-8164 Routing number: 67872 Charter number: 211080602
Boston Customs Federal Credit Union, Boston	10 Causeway Street Room 436 Boston, MA 02222 Phone: (617) 742-1135 Routing number: 00524 Charter number: 211080699
Cabot Boston Credit Union, Boston	Two Seaport Lane Suite 1300 Boston, MA 02210-2019 Phone: (617) 342-6154 Routing number: 67891 Charter number: 211080783
City Of Boston Credit Union, Boston	1 Union St 3rd Floor Boston, MA 02108 Phone: (617) 635-4545 Routing number: 67841 Charter number: 211080822
Federal Reserve Boston Employees Federal Credit Union, Boston	600 Atlantic Ave Boston, MA 02210 Phone: (617) 973-3760 Routing number: 05256 Charter number: 211080880
Filene Federal Credit Union, Boston	70 Franklin St Boston, MA 02110 Phone: (617) 357-2093 Routing number: 24504 Charter number: 211080916
Industrial Credit Union, Boston	1 Liberty Square Boston, MA 02109 Phone: (617) 742-1616 Routing number: 67994 Charter number: 211080990
Massachusetts State Employees Credit Union, Boston	1 Center Plaza Boston, MA 02108 Phone: (617) 723-5555 Routing number: 67866 Charter number: 211081203
Medical Area Federal Credit Union, Boston	365 Boylston Street Brookline, MA 02445 Phone: (617) 278-5600 Routing number: 24251 Charter number: 211080660
New England Lee Federal Credit Union, Boston	90 Tyler St Boston, MA 02111 Phone: (617) 482-0900 Routing number: 16383 Charter number: 211081083

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Membership in the credit union is voluntary and is open to all citizens bound by with joint work or residence, who wished to create a credit union to use its services and are willing to take on relevant commitments and responsibilities. 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. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. 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. Important specifics of creating a credit union - an initiative order of organization: people do not receive any instructions, orders or regulations, the unification into a credit union occurs by their will and decision. Credit unions historically formed as a special form of social support, initially taken upon themselves the social mission of protecting the interests of citizens in the field of financial services. Unlike banks, in order to use the services of a credit union, you have to become its member, having written an application and having paid thus shares and membership fee.