Credit Union Location in Moorhead, Minnesota

In the U.S., credit unions have a clear organizational structure. All credit unions belong to one or the other parent credit union (there are 35 of them in the U.S.). Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars Taking a decision to join a credit union, citizens create an organization through which they participate in the shared savings by mutual crediting and joint (collective) use of personal savings. 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 Moorhead, Minnesota

Moorhead, Minnesota have 2 agent Credit Union location in your country. All country.

Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars Credit Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members.

Agent	Contacts
Moorhead Federal Credit Union, Moorhead	1002 Main Avenue Moorhead, MN 56560 Phone: (218) 236-5193 Routing number: 24638
Moorhead Teachers Credit Union, Moorhead	910 11th St N Moorhead, MN 56560 Phone: (218) 284-6344 Routing number: 64994

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. Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. The relationship between credit unions and shareholders arise from the membership and are not customer relationship. Credit unions, like today's credit unions, emerged in the 19th century in Germany as a result of crop failure and famine. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.