Credit Union Location in Bradford, Pennsylvania

Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars 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 Union Location in Bradford, Pennsylvania

Bradford, Pennsylvania have 4 agent Credit Union location in your country. All country.

Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America.

Agent	Contacts
Arg Bradford Federal Credit Union, Bradford	77 North Kendall Avenue Bradford, PA 16701 Phone: (814) 368-1339 Routing number: 01417 Charter number: 231379759
Bradford Area Federal Credit Union, Bradford	11 East Washington St Bradford, PA 16701 Phone: (814) 362-6779 Routing number: 13823 Charter number: 231379636
Bradford Area School Employees Credit Union, Bradford	32 York Street Bradford, PA 16701 Phone: (814) 368-5595 Routing number: 63047 Charter number: 231379649
Bradford Postal Credit Union, Bradford	115 Boylston St Bradford, PA 16701 Phone: (814) 362-4575 Routing number: 65403 Charter number: 231379678

In the U.S., credit unions have a clear organizational structure. All credit unions belong to one or the other parent credit union (there are 35 of them in the U.S.). Representative organization, leading the coordination work in the field of development of both global and national credit union movement is the World Council of Credit Unions (WOCCU) established in 1971 (headquartered in Madison, USA). 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. Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. 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 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. 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.