Credit Union Location in Flint, Michigan

In 1908. the spread of credit unions has reached the United States. In 1935 President Roosevelt signed the state Charter on credit unions, which became a law. The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. Credit union services are available only to its shareholders. 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. Historically, credit unions have grown from the experience of credit cooperatives, but they took the experience of organizations of mutual aid of citizens by moving methods of social self-protection from labor and toward consumption. 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. 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. 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. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.

Credit Union Location in Flint, Michigan

Flint, Michigan have 6 agent Credit Union location in your country. All country.

The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. 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.

Agent	Contacts
Dort Federal Credit Union, Flint	2845 Davison Flint, MI 48506 Phone: (810) 767-8390 Routing number: 07569 Charter number: 272479919
Financial Plus Federal Credit Union, Flint	G-3381 Van Slyke Rd Flint, MI 48507 Phone: (810) 244-2200 Routing number: 08145 Charter number: 272480128
Flint Area School Employees Credit Union, Flint	4411 Calkins Rd Flint, MI 48532 Phone: (810) 720-8300 Routing number: 60666 Charter number: 272479993
Fm Financial Credit Union, Flint	606 Stevens St Flint, MI 48501 Phone: (810) 239-7655 Routing number: 61641 Charter number: 272479977
Foss Avenue Baptist Church Federal Credit Union, Flint	1159 E. Foss Avenue Flint, MI 48505 Phone: (810) 787-3326 Routing number: 19197 Charter number: 272480018
Sagelink Credit Union, Flint	311 N Saginaw St Durand, MI 48429 Phone: (989) 541-2001 Routing number: 61583 Charter number: 272479980

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. Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. Main share of credit unions assets is concentrated in loans (about 50%), while the share of consumer loans in commercial banks and finance companies active operations rarely exceeds 15%. The most common type of loans in credit unions are loans to purchase new and used cars (40%), followed by first mortgages and second mortgages (35%), about 10% are unsecured personal loans to member of unions and about 15% - are loans on credit cards and other loans. 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. All the members of the credit union, regardless of gender, ethnicity, religious and political beliefs, as well as the size of the monetary share have equal rights. The right to use the services of the credit union have only its members. 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.