Credit Union Location in Albany, New York

Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. In the U.S. credit unions timely and full repayment of loans is a common phenomenon. Unpaid and delinquent loans are not more than 3% of their amount. Credit union promotes the effective conservation of personal funds of its members, giving them the loans from the funds of the credit union, as well as the sharing of savings in education, housing, health care and other programs of social support and social development of its members. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. 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. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.).

Credit Union Location in Albany, New York

Albany, New York have 9 agent Credit Union location in your country. All country.

In the U.S. credit unions timely and full repayment of loans is a common phenomenon. Unpaid and delinquent loans are not more than 3% of their amount. The main advantage of credit unions consists in transparency, controllability, governance for shareholders.

Agent	Contacts
Albany City Lodge K Of P 540 Federal Credit Union, Albany	10 Russell Rd Albany, NY 12206 Phone: (518) 438-2224 Routing number: 17469 Charter number: 221373192
Albany Firemens Federal Credit Union, Albany	532 Central Ave Albany, NY 12206 Phone: (518) 453-9748 Routing number: 00609 Charter number: 221373202
Capital Communications Federal Credit Union, Albany	18 Computer Drive East Albany, NY 12205 Phone: (518) 458-2195 Routing number: 08658 Charter number: 221373273
Directors Choice Credit Union, Albany	426 New Karner Road Albany, NY 12205 Phone: (518) 456-2686 Routing number: 68420
Fasny Federal Credit Union, Albany	107 Washington Avenue Albany, NY 12210 Phone: (518) 434-3709 Routing number: 24690
First New York Federal Credit Union, Albany	2 Wall Street Albany, NY 12205 Phone: (518) 393-1326 Routing number: 02440 Charter number: 221379785
Health Employees Federal Credit Union, Albany	43 New Scotland Avenue Albany Medical Center Mc-31 Albany, NY 12208 Phone: (518) 262-3090 Routing number: 22075 Charter number: 221382471
Newspaper Employees Credit Union, Albany	645 Albany Shaker Road Albany, NY 12212 Phone: (518) 454-5363 Routing number: 63856 Charter number: 221373325
State Employees Federal Credit Union, Albany	700 Patroon Creek Blvd Albany, NY 12206 Phone: (518) 452-8234 Routing number: 00051 Charter number: 221373383

Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Borrowing rate for the credit union is a source of income to cover the administrative costs. All excess funds are returned to members in the form of dividends on savings. At the organization of the credit union it is important that people know each other and know the extent to which each of them is trustworthy. 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). Historically, credit unions have grown from the experience of credit cooperatives, but they took the experience of organizations of mutual aid of citizens by moving methods of social self-protection from labor and toward consumption. A potential new member of a credit union must submit a recommendation of shareholders in which the referee becomes a warrant of a future member of the credit union.