Credit Union Location in St. Clair Shores, Michigan

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. National Credit Union Insurance Fund was created by Congress in 1970 to insure deposits of credit union members in the amount of 100 thousand dollars. Membership in the credit union forms responsible citizens and conscientious attitude to their obligations as a norm of behavior, identify the value of a decent man's reputation in the business turnover. The right to use the services of the credit union have only its members. 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.

Credit Union Location in St. Clair Shores, Michigan

St. Clair Shores, Michigan have 1 agent Credit Union location in your country. All country.

National Credit Union Insurance Fund was created by Congress in 1970 to insure deposits of credit union members in the amount of 100 thousand dollars. The right to use the services of the credit union have only its members.

Agent	Contacts
Fme Federal Credit Union, St. Clair Shores	29624 Harper St Clair Shores, MI 48082 Phone: (586) 415-6610 Routing number: 01622 Charter number: 272078446

Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). 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. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity.