Membership in the credit union is voluntary and is open to all citizens bound by with joint work or residence, who wished to create a credit union to use its services and are willing to take on relevant commitments and responsibilities. Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. 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. Important specifics of creating a credit union - an initiative order of organization: people do not receive any instructions, orders or regulations, the unification into a credit union occurs by their will and decision.
Credit Union Location in Briarcliff Manor, New York
Briarcliff Manor, New York have 1 agent Credit Union location in your country. All country.
Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. 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.
| Agent | Contacts |
|---|---|
| Academic Federal Credit Union, Briarcliff Manor |
235 Elm Rd Woodward Hall Room 114 Briarcliff Manor, NY 10510
Phone: (914) 923-3608 Routing number: 23425 Charter number: 221982389 |
Credit union services are available only to its shareholders. The relationship of shareholders with credit union are not client-based, they are co-operative, based on different principles and standards, in particular, on the principles of the law of obligations. 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. Corporate alliances are intermediaries between credit unions and financial markets.
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