Money transfer agent locations

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. 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. Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. Unlike banks credit unions limit their activities to a closed circle of people. 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. "


Credit Union Location in Nebraska

Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. Unlike banks credit unions limit their activities to a closed circle of people. 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.


Select your city for


First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. 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 supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. 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. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type.