National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. Credit union is created by a group of members who pursue a common interest. Agreeing to make regular contributions, they create a fund from which can borrow money for investments and replenishment of working capital at favorable interest rates. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. 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. 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.
Jackson, Tennessee have 4 agent Credit Union location in your country. All country.
Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries.
Agent | Contacts |
---|---|
Leaders Credit Union, Jackson |
214 Oil Well Rd. Jackson, TN 383057914
Phone: (731) 664-1784 Routing number: 61185 |
P. And G. Jackson Employees Federal Credit Union, Jackson |
1306 Hwy 70 Bypass Jackson, TN 38301
Phone: (731) 423-7499 Routing number: 20662 |
Patriot Equity Credit Union, Jackson |
57 Directors Row Jackson, TN 38305
Phone: (731) 668-1155 Routing number: 60082 |
Resource Federal Credit Union, Jackson |
525 Old Hickory Blvd Jackson, TN 38305
Phone: (731) 668-3464 Routing number: 24575 |
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.). The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. A potential new member of a credit union must submit a recommendation of shareholders in which the referee becomes a warrant of a future member of the credit union. 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.