Money transfer agent locations

In 1908. the spread of credit unions has reached the United States. In 1935 President Roosevelt signed the state Charter on credit unions, which became a law. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. The value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. In the UK, credit unions are a source of financing of people groups. This tool is not widely used. 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. 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. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks. Corporate alliances are intermediaries between credit unions and financial markets.


Middle Tennessee Federal Credit Union, Credit Union Location Cookeville, Tennessee


Name Contacts Info
Middle Tennessee Federal Credit Union
480 One Eleven Place Cookeville, TN 38506 Phone: (931) 528-9400
Routing number: 19700
Charter number: 264178710
Search Money transfer agent locations in Tennessee or olny in Cookeville