National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. To date, credit unions - virtually the only form of financial institution where people can quickly and without any problems get a relatively inexpensive cash loan. 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. 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. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.
Woodbury, Minnesota have 2 agent Credit Union location in your country. All country.
To date, credit unions - virtually the only form of financial institution where people can quickly and without any problems get a relatively inexpensive cash loan. In the UK, credit unions are a source of financing of people groups. This tool is not widely used.
Agent | Contacts |
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St. Paul Postal Employees Credit Union, Woodbury |
8499 Tamarack Rd Woodbury, MN 55125
Phone: (651) 770-7000 Routing number: 62978 |
United Educators Credit Union, Woodbury |
14989 Florence Trail Apple Valley, MN 55124
Phone: (651) 264-0669 Routing number: 62964 |
Like any financial institution, credit unions have the financial resources. In 1908. the spread of credit unions has reached the United States. In 1935 President Roosevelt signed the state Charter on credit unions, which became a law. Main share of credit unions assets is concentrated in loans (about 50%), while the share of consumer loans in commercial banks and finance companies active operations rarely exceeds 15%. The most common type of loans in credit unions are loans to purchase new and used cars (40%), followed by first mortgages and second mortgages (35%), about 10% are unsecured personal loans to member of unions and about 15% - are loans on credit cards and other loans. The uniqueness of credit unions is that they put together the principles and benefits of financial cooperatives, consumer cooperatives and mutual aid funds, born once by trade unions. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services.