Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. Like the credit cooperatives, credit unions form associations of a higher level, which are called corporate credit unions. Income derived from the provision of services to its members, does not become the profit of credit union and is distributed among its members in proportion to their savings. 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. The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.
Name | Contacts | Info |
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Twin Valley-Flom Federal Credit Union |
Twin Valley-Flom Federal Credit Union 122 Main Ave W Twin Valley, MN 56584-0475 | Phone: (218) 584-5499 Routing number: 24675 |