Typically, donor contributions to the credit unions are targeted and used in the same statutory requirements and restrictions as the Mutual Financial Aid fund as a whole. 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. The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. 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. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. 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. Corporate alliances are intermediaries between credit unions and financial markets.
White Plains, New York have 4 agent Credit Union location in your country. All country.
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. 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.
Agent | Contacts |
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Scf Westchester N. Y. Employees Federal Credit Union, White Plains |
1000 Westchester Ave White Plains, NY 10610
Phone: (914) 694-3421 Routing number: 21231 Charter number: 221976803 |
Union Baptist Greenburgh Federal Credit Union, White Plains |
31 Manhattan Ave White Plains, NY 10607
Phone: (914) 948-6917 Routing number: 16790 Charter number: 221981089 |
Westchester Federal Credit Union, White Plains |
440 Hamilton Ave Suite 100c White Plains, NY 10601-1839
Phone: (914) 397-6055 Routing number: 10039 Charter number: 221981092 |
White Plains P O Employees Federal Credit Union, White Plains |
100 Fisher Ave White Plains, NY 10601
Phone: (914) 761-6507 Routing number: 03110 Charter number: 221981102 |
To date, credit unions - virtually the only form of financial institution where people can quickly and without any problems get a relatively inexpensive cash loan. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations. 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.