Most modern credit unions represent specialized consumer cooperatives of citizens associated by the principle of social community: place of work, place of residence, profession, or any other shared interest. In recent decades, many credit unions began to resort to such form of service as 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. Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders. Contributions from of shareholders in credit unions in no way can be considered as borrowed funds, they come from the shareholders and for the shareholders and can not be used to provide services to third parties. Credit unions are financial institutions, financial cooperatives of citizens, and in this capacity they are above all associations of people, not unification of capitals, which is typical, for example, for public companies.
Credit Union Location in Valley Stream, New York
Valley Stream, New York have 1 agent Credit Union location in your country. All country.
In recent decades, many credit unions began to resort to such form of service as Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders.
| Agent | Contacts |
|---|---|
| Nassau Educators Federal Credit Union, Valley Stream |
1000 Corporate Drive Westbury, NY 11590
Phone: (516) 561-0030 Routing number: 02760 Charter number: 221480807 |
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. In recent decades, many credit unions began to resort to such form of service as 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. Credit unions also differ from the traditional consumer cooperatives. The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. 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. In the UK, credit unions are a source of financing of people groups. This tool is not widely used.
- Western Union money transfer agent location in Alaska, Elmendorf Afb
- Western Union money transfer agent location in Maryland, Ellicott City
- Western Union money transfer agent location in New York, Great Neck
- Western Union money transfer agent location in Oregon, Saint Helens
- Western Union money transfer agent location in Pennsylvania, King Of Prussia
- Western Union money transfer agent location in West Virginia, Glendale
- Western Union money transfer agent location in West Virginia, Ravenswood