Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. 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.). National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders. Is necessary that all shareholders of the credit union were members of a single community, would know each other well enough to enjoy mutual trust. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. 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 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 union as a consumer cooperative operates on the principles of equality of all its members.
Latrobe, Pennsylvania have 7 agent Credit Union location in your country. All country.
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.). Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders.
Agent | Contacts |
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Dertown School Federal Credit Union, Latrobe |
5012 State Route 982 # 3 Latrobe, PA 15650
Phone: (724) 331-4954 Routing number: 10141 Charter number: 243380435 |
Kennametal Employees Federal Credit Union, Latrobe |
107 Lloyd Ave. Latrobe, PA 15650
Phone: (724) 539-9396 Routing number: 06691 Charter number: 243382158 |
Latrobe Area Hospital Federal Credit Union, Latrobe |
121 W 2nd Ave Latrobe, PA 15650
Phone: (724) 539-8820 Routing number: 16209 Charter number: 243382161 |
Latrobe Federal Credit Union, Latrobe |
1812 Ligonier Street Latrobe, PA 15650
Phone: (724) 537-2734 Routing number: 06689 Charter number: 243382132 |
Lesco Federal Credit Union, Latrobe |
6 Avenue D Latrobe, PA 15650
Phone: (724) 539-9744 Routing number: 06785 Charter number: 243382187 |
Pakco Employees Federal Credit Union, Latrobe |
147 Eleanor Dr Latrobe, PA 15650
Phone: (724) 537-3004 Routing number: 06188 Charter number: 243382129 |
Vasco Federal Credit Union, Latrobe |
432 Depot St Latrobe, PA 15650
Phone: (724) 539-2858 Routing number: 18301 Charter number: 243382268 |
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.). The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. 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. Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. The relationship of shareholders with credit union are not client-based, they are co-operative, based on different principles and standards, in particular, on the principles of the law of obligations. 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 case of default the shareholder - individual will respond with its property and, in addition, is jointly and severally liable with the credit union's commitments. The relationship between credit unions and shareholders arise from the membership and are not customer relationship. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations. Corporate alliances are intermediaries between credit unions and financial markets.