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. Over 30% of the assets of credit unions are investments in government securities, certificates of deposit of banks and savings loan associations, as well as in the parent credit unions, and other risk-free investments. The value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). 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. Unlike banks credit unions limit their activities to a closed circle of people.
Credit Union Location in Medford, New York
Medford, New York have 1 agent Credit Union location in your country. All country.
Over 30% of the assets of credit unions are investments in government securities, certificates of deposit of banks and savings loan associations, as well as in the parent credit unions, and other risk-free investments. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.).
| Agent | Contacts |
|---|---|
| Suffolk Federal Credit Union, Medford |
3681 Horseblock Road Medford, NY 11763
Phone: (631) 924-8000 Routing number: 17914 Charter number: 221481181 |
Activity of the credit union consists of organizing mutual financial assistance by meeting the needs of its members in the services of saving and obtaining loans. To reduce the risk of default on loans members of the credit union shall the joint guarantee. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars 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.
- Western Union money transfer agent location in Illinois, Barrington
- Western Union money transfer agent location in Illinois, Carbondale
- Western Union money transfer agent location in Massachusetts, Tewksbury
- Western Union money transfer agent location in New York, Napanoch
- Western Union money transfer agent location in New York, Orchard Park
- Western Union money transfer agent location in Ohio, Batavia
- Western Union money transfer agent location in Ohio, Coshocton
- Western Union money transfer agent location in Ohio, Fostoria
- Western Union money transfer agent location in Wyoming, Powell