Credit Union Location in Williamsport, Pennsylvania

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). Typically new members of the credit union become citizens having suretyship or recommendations from their friends - members of the credit union. Members of credit unions place in credit unions usually free fund balances, ie those that remain after expenses devoted to education of children, the acquisition of new properties, additional pension benefits, etc. 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). 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. Unlike banks credit unions limit their activities to a closed circle of people.

Credit Union Location in Williamsport, Pennsylvania

Williamsport, Pennsylvania have 5 agent Credit Union location in your country. All country.

Typically new members of the credit union become citizens having suretyship or recommendations from their friends - members of the credit union. 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).

Agent	Contacts
Horizon Federal Credit Union, Williamsport	1007 East Third Street Williamsport, PA 17701 Phone: (570) 326-3636 Routing number: 10687 Charter number: 231387026
Lonza Federal Credit Union, Williamsport	3500 Trenton Ave. Williamsport, PA 17701 Phone: (570) 321-5095 Routing number: 14617 Charter number: 231386962
Wat Federal Credit Union, Williamsport	445 Elmira Street Williamsport, PA 17701 Phone: (570) 326-7033 Routing number: 11456 Charter number: 231387013
West Branch Valley Federal Credit Union, Williamsport	1640 High Street Williamsport, PA 17701 Phone: (570) 323-9407 Routing number: 07821 Charter number: 231380133
Wyrope Williamsport Federal Credit Union, Williamsport	1536 Riverside Dr S Williamsport, PA 17702 Phone: (570) 323-5188 Routing number: 11689 Charter number: 231387042

In recent decades, many credit unions began to resort to such form of service as 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 unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. 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. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations. The right to use the services of the credit union have only its members. To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit.