Credit Union Location in Medford, Oregon

Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU. 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 Medford, Oregon

Medford, Oregon have 1 agent Credit Union location in your country. All country.

Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU.

Agent	Contacts
Rogue Federal Credit Union, Medford	1370 Center Drive Medford, OR 97501 Phone: (541) 858-7328 Routing number: 11393

The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. Members of credit unions place in credit unions usually free fund balances, ie those that remain after expenses devoted to education of children, the acquisition of new properties, additional pension benefits, etc. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. In the UK, credit unions are a source of financing of people groups. This tool is not widely used. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.