Like any financial institution, credit unions have the financial resources. The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. A potential new member of a credit union must submit a recommendation of shareholders in which the referee becomes a warrant of a future member of the credit union. 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. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.
Credit Union Location in Wilbraham, Massachusetts
Wilbraham, Massachusetts have 1 agent Credit Union location in your country. All country.
The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests. A potential new member of a credit union must submit a recommendation of shareholders in which the referee becomes a warrant of a future member of the credit union.
| Agent | Contacts |
|---|---|
| Valleystone Credit Union, Wilbraham |
2002 Boston Road Wilbraham, MA 01095
Phone: (413) 693-0273 Routing number: 67597 Charter number: 211885852 |
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. Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. 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. To reduce the risk of default on loans members of the credit union shall the joint guarantee. On the consumer credit market in the U.S. credit unions are on the third place after the commercial banks and finance companies and are ahead of savings institutions, not taking into account the loans on real estate. Unlike banks credit unions limit their activities to a closed circle of people.
- Western Union money transfer agent location in New Jersey, Morris Plains
- Western Union money transfer agent location in North Carolina, Havelock
- Western Union money transfer agent location in Oregon, Saint Helens
- Western Union money transfer agent location in Pennsylvania, Duquesne
- Western Union money transfer agent location in Rhode Island, West Warwick
- Western Union money transfer agent location in Tennessee, Cookeville
- Western Union money transfer agent location in Texas, Austin
- Western Union money transfer agent location in Utah, Provo