Activity of the credit union consists of organizing mutual financial assistance by meeting the needs of its members in the services of saving and obtaining loans. Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. 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 Location in Moon Township, Pennsylvania
Moon Township, Pennsylvania have 3 agent Credit Union location in your country. All country.
Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. The main advantage of credit unions consists in transparency, controllability, governance for shareholders.
| Agent | Contacts |
|---|---|
| Clearview Federal Credit Union, Moon Township |
8805 University Blvd. Moon Township, PA 15108
Phone: (412) 269-3011 Routing number: 09007 Charter number: 243083237 |
| Consumer Healthcare Federal Credit Union, Moon Township |
1000 Gsk Drive Moon Township, PA 15108
Phone: (412) 200-3400 Routing number: 23737 |
| Michael Baker Jr Federal Credit Union, Moon Township |
100 Airside Drive Moon Township, PA 15108
Phone: (412) 269-2525 Routing number: 09147 Charter number: 243379695 |
Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. In the U.S. credit unions timely and full repayment of loans is a common phenomenon. Unpaid and delinquent loans are not more than 3% of their amount. 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. 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). Credit Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.).
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