Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. Credit union services are available only to its shareholders. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. Credit unions are financial institutions, financial cooperatives of citizens, and in this capacity they are above all associations of people, not unification of capitals, which is typical, for example, for public companies. 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. To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity.
Muskegon, Michigan have 14 agent Credit Union location in your country. All country.
National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions.
Agent | Contacts |
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Service 1 Federal Credit Union, Muskegon |
1075 E. Sherman Blvd Muskegon, MI 49444
Phone: (231) 739-5068 Routing number: 04038 |
Shawbox Community Federal Credit Union, Muskegon |
991 W Broadway Ave Muskegon, MI 494443521
Phone: (231) 759-2500 Routing number: 07810 |
Shoreline Federal Credit Union, Muskegon |
2735 Estes Street Muskegon, MI 49441
Phone: (231) 755-1696 Routing number: 08412 |
West Michigan Postal Service Federal Credit Union, Muskegon |
800 1st St Room 212 Muskegon, MI 49440
Phone: (231) 722-3921 Routing number: 07910 |
Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). 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). 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. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. Credit unions appeared in England in the 19th century. In 1844 a group of workers from Rochdale established the first cooperative. Contributions from of shareholders in credit unions in no way can be considered as borrowed funds, they come from the shareholders and for the shareholders and can not be used to provide services to third parties. Corporate alliances are intermediaries between credit unions and financial markets.