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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.). Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. 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. 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. The relationship between credit unions and shareholders arise from the membership and are not customer relationship. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). U.S. credit unions have another significant difference from the credit cooperatives of farmers: the first have major proportion of short-term loans, the second - long and mostly in real estate. Credit union as a consumer cooperative operates on the principles of equality of all its members.


Credit Union Location in East Pittsburgh, Pennsylvania

Credit Union

East Pittsburgh, Pennsylvania have 1 agent Credit Union location in your country. All country.

Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. 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.

Agent Contacts
Ure Federal Credit Union, East Pittsburgh 201 Beech Street East Pittsburgh, PA 15112

Phone: (412) 824-1166
Routing number: 00986
Charter number: 243380529


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First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. At the organization of the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. Important specifics of creating a credit union - an initiative order of organization: people do not receive any instructions, orders or regulations, the unification into a credit union occurs by their will and decision.