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.). Credit union is created by a group of members who pursue a common interest. Agreeing to make regular contributions, they create a fund from which can borrow money for investments and replenishment of working capital at favorable interest rates. Typically new members of the credit union become citizens having suretyship or recommendations from their friends - members of the credit union. Credit union services are available only to its shareholders. Unlike banks credit unions limit their activities to a closed circle of people. 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.
Credit Union Location in Natchez, Mississippi
Natchez, Mississippi have 3 agent Credit Union location in your country. All country.
Credit union is created by a group of members who pursue a common interest. Agreeing to make regular contributions, they create a fund from which can borrow money for investments and replenishment of working capital at favorable interest rates. Credit union services are available only to its shareholders.
| Agent | Contacts |
|---|---|
| Citizens Choice Federal Credit Union, Natchez |
101 Saint Catherine St Natchez, MS 39120
Phone: (601) 442-5888 Routing number: 17715 Charter number: 265377895 |
| Natchez-Adams Educators Credit Union, Natchez |
Natchez-Adams Educators Credit Union 10 Homochitto Street Natchez, MS 39120
Phone: (601) 445-2851 Routing number: 63821 Charter number: 265377882 |
| Old South Federal Credit Union, Natchez |
148 N Shields Lane Natchez, MS 39120
Phone: (601) 442-4382 Routing number: 08840 Charter number: 265377905 |
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. The first credit union in the United States was founded in 1909. by the group of Franco-American Catholics in Manchester, New Hampshire, and was called "Cooperative Credit Association of St. Mary. " Principles of cooperative democracy and interaction were adequate to the purposes for which people joined 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. 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.