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.). 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. 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. Taking a decision to join a credit union, citizens create an organization through which they participate in the shared savings by mutual crediting and joint (collective) use of personal savings. 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.
Huron, South Dakota have 4 agent Credit Union location in your country. All country.
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. Taking a decision to join a credit union, citizens create an organization through which they participate in the shared savings by mutual crediting and joint (collective) use of personal savings.
Agent | Contacts |
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Dakotaland Federal Credit Union, Huron |
1371 Dakota Ave S Huron, SD 57350
Phone: (605) 352-2845 Routing number: 00167 |
HB Telco Federal Credit Union, Huron |
375 Third Street Sw Huron, SD 57350
Phone: (605) 352-6933 Routing number: 09888 |
Huron Area Education Federal Credit Union, Huron |
1855 Arizona Avenue Sw Huron, SD 57350
Phone: (605) 352-1311 Routing number: 07599 |
M O Federal Credit Union, Huron |
1730 Dakota Ave S Huron, SD 57350
Phone: (605) 353-9977 Routing number: 07020 |
Like any financial institution, credit unions have the financial resources. 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). 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. 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. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. Historically, credit unions have grown from the experience of credit cooperatives, but they took the experience of organizations of mutual aid of citizens by moving methods of social self-protection from labor and toward consumption. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type.