Money transfer agent locations

Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Activity of the credit union consists of organizing mutual financial assistance by meeting the needs of its members in the services of saving and obtaining loans. In the case of default the shareholder - individual will respond with its property and, in addition, is jointly and severally liable with the credit union's commitments. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations. In the UK, credit unions are a source of financing of people groups. This tool is not widely used. Corporate alliances are intermediaries between credit unions and financial markets.


Credit Union Location in Virginia, Minnesota

Credit Union

Virginia, Minnesota have 1 agent Credit Union location in your country. All country.

Activity of the credit union consists of organizing mutual financial assistance by meeting the needs of its members in the services of saving and obtaining loans. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations.

Agent Contacts
Virginia Coop Credit Union, Virginia 307 1st Street North Virginia, MN 55792

Phone: (218) 741-5644
Routing number: 63965


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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.). 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. A potential new member of a credit union must submit a recommendation of shareholders in which the referee becomes a warrant of a future member of the credit union. In the UK, credit unions are a source of financing of people groups. This tool is not widely used. To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity. 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.