Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. 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. A credit union on its own initiative order is created by citizens (individuals) to solve their financial problems that they could not solve in other financial institutions.
Credit Union Location in Nashwauk, Minnesota
Nashwauk, Minnesota have 1 agent Credit Union location in your country. All country.
Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. A credit union on its own initiative order is created by citizens (individuals) to solve their financial problems that they could not solve in other financial institutions.
| Agent | Contacts |
|---|---|
| Nashwauk Federal Credit Union, Nashwauk |
401 E Platt Ave Nashwauk, MN 55769
Phone: (218) 885-1600 Routing number: 18569 |
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. Credit unions perform the function of social protection in a vital for people sphere of financial services. They care about improving the financial literacy of the population, are working on the formation of their members and their employees. 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. The value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. 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. Credit union as a consumer cooperative operates on the principles of equality of all its members. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.
- Western Union money transfer agent location in Delaware, New Caste
- Western Union money transfer agent location in Illinois, Matteson
- Western Union money transfer agent location in Kentucky, Lewisport
- Western Union money transfer agent location in Michigan, Three Rivers
- Western Union money transfer agent location in Mississippi, Newton
- Western Union money transfer agent location in Oregon, Bend
- Western Union money transfer agent location in Pennsylvania, Sharon Hill
- Western Union money transfer agent location in South Dakota, Sturgis
- Western Union money transfer agent location in Wisconsin, Merrill