First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. Typically new members of the credit union become citizens having suretyship or recommendations from their friends - members of the credit union. At the organization of the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Credit Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks.
Credit Union Location in Stoughton, Massachusetts
Stoughton, Massachusetts have 1 agent Credit Union location in your country. All country.
Typically new members of the credit union become citizens having suretyship or recommendations from their friends - members of the credit union. Credit Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members.
| Agent | Contacts |
|---|---|
| Stoughton Town Employees Federal Credit Union, Stoughton |
10 Pearl Street Stoughton, MA 02072
Phone: (781) 344-7394 Routing number: 17437 Charter number: 211386018 |
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. 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. Credit unions perform the function of social protection in a vital for people sphere of financial services. They care about improving the financial literacy of the population, are working on the formation of their members and their employees. Credit union services are available only to its shareholders. In the case of default the shareholder - individual will respond with its property and, in addition, is jointly and severally liable with the credit union's commitments.
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