Like any financial institution, credit unions have the financial resources. 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. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. Credit cooperatives and credit unions exist in many different forms. The main differences relate to the nature of the membership and the opening of a credit institution.
Credit Union Location in Pittston, Pennsylvania
Pittston, Pennsylvania have 2 agent Credit Union location in your country. All country.
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. Credit cooperatives and credit unions exist in many different forms. The main differences relate to the nature of the membership and the opening of a credit institution.
| Agent | Contacts |
|---|---|
| Highway Federal Credit Union, Pittston |
1843 Highway 315 Pittston, PA 18640
Phone: (570) 602-7400 Routing number: 20691 Charter number: 231385073 |
| Pittston Area School Employees Federal Credit Union, Pittston |
122 Aster Court Exeter, PA 18643
Phone: (570) 654-7979 Routing number: 22090 |
Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. Credit unions perform the function of social protection in a vital for people sphere of financial services. They care about improving the financial literacy of the population, are working on the formation of their members and their employees. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others. The right to use the services of the credit union have only its members.
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