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). Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. 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. 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.
Pittsfield, Massachusetts have 4 agent Credit Union location in your country. All country.
Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. 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.
Agent | Contacts |
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Berkshire Federal Credit Union, Pittsfield |
700 North Pittsfield, MA 01201
Phone: (413) 447-7772 Routing number: 17414 Charter number: 211885205 |
Credit Union Of The Berkshires Credit Union, Pittsfield |
744 Williams Street Pittsfield, MA 01201
Phone: (413) 443-1313 Routing number: 67758 Charter number: 211885263 |
Greylock Federal Credit Union, Pittsfield |
150 West Street Pittsfield, MA 01201
Phone: (413) 236-4000 Routing number: 24560 Charter number: 211885250 |
Mycom Federal Credit Union, Pittsfield |
101 Fenn St Pittsfield, MA 01201
Phone: (413) 442-6501 Routing number: 10065 Charter number: 211885234 |
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. 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.). Typically, donor contributions to the credit unions are targeted and used in the same statutory requirements and restrictions as the Mutual Financial Aid fund as a whole. Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. 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 union is created by a group of members who pursue a common interest. Agreeing to make regular contributions, they create a fund from which can borrow money for investments and replenishment of working capital at favorable interest rates. As of the January 1, 2012 the national associations and confederations unite more than 196 million members participating in the 51,013 credit unions in 100 countries. Credit unions, like today's credit unions, emerged in the 19th century in Germany as a result of crop failure and famine. 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.