In recent decades, many credit unions began to resort to such form of service as Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. 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. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. 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. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others.
Credit Union Location in Flowood, Mississippi
Flowood, Mississippi have 1 agent Credit Union location in your country. All country.
Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services.
| Agent | Contacts |
|---|---|
| Statewide Federal Credit Union, Flowood |
295 East Layfair Drive Flowood, MS 39232
Phone: (601) 420-5535 Routing number: 06369 Charter number: 265377222 |
Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. 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. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit. Unlike banks credit unions limit their activities to a closed circle of people.
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