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Membership in the credit union forms responsible citizens and conscientious attitude to their obligations as a norm of behavior, identify the value of a decent man's reputation in the business turnover. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions. 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 specifics of the credit union as a credit consumer cooperative is that it is a form of mutual financial assistance of citizens. Income derived from the provision of services to its members, does not become the profit of credit union and is distributed among its members in proportion to their savings. Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. 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. Credit Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members. Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds.


Credit Union Location in Georgetown, South Carolina

Credit Union

Georgetown, South Carolina have 1 agent Credit Union location in your country. All country.

Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions. The specifics of the credit union as a credit consumer cooperative is that it is a form of mutual financial assistance of citizens.

Agent Contacts
Georgetown Kraft Credit Union, Georgetown 1530 Bourne Street Georgetown, SC 29440

Phone: (843) 436-6300
Routing number: 60791
Charter number: 253279099


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On the consumer credit market in the U.S. credit unions are on the third place after the commercial banks and finance companies and are ahead of savings institutions, not taking into account the loans on real estate. Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. 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 economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests.