Credit Union Location in Durham, North Carolina

Main share of credit unions assets is concentrated in loans (about 50%), while the share of consumer loans in commercial banks and finance companies active operations rarely exceeds 15%. The most common type of loans in credit unions are loans to purchase new and used cars (40%), followed by first mortgages and second mortgages (35%), about 10% are unsecured personal loans to member of unions and about 15% - are loans on credit cards and other loans. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. Share contributions are transferred to the credit union on the basis of membership for the whole stay of a shareholder as member of the credit union and are the basis of membership. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Credit unions base their activities on savings of shareholders, their shares and savings contributions, which make up the fund of mutual financial assistance - a source of cash loans to shareholders. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.

Credit Union Location in Durham, North Carolina

Durham, North Carolina have 9 agent Credit Union location in your country. All country.

First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit.

Agent	Contacts
Bcbsnc Credit Union, Durham	1965 Ivy Creek Boulevard Durham, NC 27707 Phone: (919) 765-1369 Routing number: 66312 Charter number: 253174929
Duke University Federal Credit Union, Durham	2200 West Main Street Suite L100 Durham, NC 27705 Phone: (919) 684-6704 Routing number: 18616 Charter number: 253175449
Generations Community Credit Union, Durham	123 West Main St Durham, NC 27701 Phone: (919) 683-2000 Routing number: 68121
Greater Piedmont Credit Union, Durham	601 South Mangum Street Durham, NC 27701 Phone: (919) 687-0585 Routing number: 68276 Charter number: 253184472
Latino Community Credit Union, Durham	100 W. Morgan St Durham, NC 27701 Phone: (919) 688-9270 Routing number: 68430
Mount Vernon Baptist Church Credit Union, Durham	1007 S Roxboro Street Durham, NC 27707 Phone: (919) 688-1823 Routing number: 63595 Charter number: 253175504
Self-Help Credit Union, Durham	Self-Help Credit Union 301 W. Main Street Durham, NC 27701 Phone: (919) 956-4400 Routing number: 66258 Charter number: 253184841
Self-Help Federal Credit Union, Durham	Self-Help Federal Credit Union 301 W Main Street Durham, NC 27701 Phone: (919) 956-4600 Routing number: 24802 Charter number: 053185613
Vision Financial Federal Credit Union, Durham	214 Pacific Ave Durham, NC 27704 Phone: (919) 477-0696 Routing number: 13492 Charter number: 253175517

Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). The number of shareholders of a credit union is limited and formalized by a list. Limit of the number is defined by the assembly and such assembly establishes the charter. Since the early 80's started the process of consolidation of credit unions, leading to a decrease in their number with a simultaneous increase in the total number of members. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. As of the January 1, 2012 the national associations and confederations unite more than 196 million members participating in the 51,013 credit unions in 100 countries. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. Taking a decision to join a credit union, citizens create an organization through which they participate in the shared savings by mutual crediting and joint (collective) use of personal savings. The relationship between credit unions and shareholders arise from the membership and are not customer relationship.