Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. 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. The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. Share contributions are transferred to the credit union on the basis of membership for the whole stay of a shareholder as member of the credit union and are the basis of membership. To reduce the risk of default on loans members of the credit union shall the joint guarantee. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. Credit Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members.
Jackson, Mississippi have 19 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. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services.
Agent | Contacts |
---|---|
Mississippi Farm Bureau Employees Credit Union, Jackson |
1401 Livingston Lane Jackson, MS 39205
Phone: 601-981-7422 ext. 1633 Routing number: 63874 Charter number: 265377413 |
Mississippi Federal Credit Union, Jackson |
2500 N State St Jackson, MS 39216
Phone: (601) 984-1315 Routing number: 24585 Charter number: 265377549 |
Mississippi Highway Safty Pat Federal Credit Union, Jackson |
1900 East Woodrow Wilson Suite 204 Jackson, MS 39216
Phone: (601) 987-1290 Routing number: 16327 Charter number: 265377426 |
Mississippi National Guard Federal Credit Union, Jackson |
142 Military Drive Jackson, MS 39232
Phone: (601) 932-5194 Routing number: 14805 Charter number: 265377196 |
Mississippi Postal Employees Federal Credit Union, Jackson |
567 S State St Jackson, MS 39201
Phone: (601) 355-6363 Routing number: 00048 Charter number: 265377387 |
Mississippi Public Employees Credit Union, Jackson |
613 S West Street Jackson, MS 39201
Phone: (601) 948-8191 Routing number: 63442 Charter number: 265377510 |
Treasury Employees Federal Credit Union, Jackson |
100 W. Capitol Suite 603 Jackson, MS 39269
Phone: (601) 355-5411 Routing number: 05780 Charter number: 265377523 |
Valley Gas Employees Credit Union, Jackson |
1400 Lakeover Rd Ste 140 Jackson, MS 39213-8000
Phone: (601) 362-7623 Routing number: 60762 Charter number: 265377552 |
Valued Members Credit Union, Jackson |
5482 N State St Jackson, MS 39206
Phone: (601) 366-7401 Routing number: 24821 Charter number: 265377565 |
Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Like the credit cooperatives, credit unions form associations of a higher level, which are called corporate credit unions. The number of shareholders of a credit union is limited and formalized by a list. Limit of the number is defined by the assembly and such assembly establishes the charter. Since the early 80's started the process of consolidation of credit unions, leading to a decrease in their number with a simultaneous increase in the total number of members. 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. Membership in the credit union forms responsible citizens and conscientious attitude to their obligations as a norm of behavior, identify the value of a decent man's reputation in the business turnover. Taking a decision to join a credit union, citizens create an organization through which they participate in the shared savings by mutual crediting and joint (collective) use of personal savings. 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. Unlike banks, in order to use the services of a credit union, you have to become its member, having written an application and having paid thus shares and membership fee.