Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. 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). First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU. Unlike banks credit unions limit their activities to a closed circle of people.
Credit Union Location in Beaumont, Texas
Beaumont, Texas have 10 agent Credit Union location in your country. All country.
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). When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy.
| Agent | Contacts |
|---|---|
| Beaumont Municipal Employees Credit Union, Beaumont |
2490 Ih-10 East Beaumont, TX 77703
Phone: (409) 899-1035 Routing number: 67574 |
| Coburn Credit Union, Beaumont |
390 Park Suite 100 Beaumont, TX 77701
Phone: (409) 838-9957 Routing number: 60409 |
| Education First Federal Credit Union, Beaumont |
7025 Eastex Freeway Beaumont, TX 77706
Phone: (409) 898-3770 Routing number: 24470 |
| Gulfco Federal Credit Union, Beaumont |
6817 Industrial Road Beaumont, TX 77705
Phone: 409-842-1311 ext. 270 Routing number: 16826 |
| Ibew Community Federal Credit Union, Beaumont |
3805 West Cardinal Drive Beaumont, TX 77705
Phone: (409) 833-8271 Routing number: 20503 |
| Mobiloil Federal Credit Union, Beaumont |
1810 N. Major Drive Beaumont, TX 77713
Phone: (409) 892-1111 Routing number: 00491 |
| Pear Orchard Federal Credit Union, Beaumont |
3390 Sarah Street Beaumont, TX 77705
Phone: (409) 842-4343 Routing number: 17105 |
| S A F E Credit Union, Beaumont |
2002 N 11th St Beaumont, TX 77703
Phone: (409) 899-2542 Routing number: 67501 |
| Texas Coastal Community Federal Credit Union, Beaumont |
8109 Smith Rd Beaumont, TX 77720-0396
Phone: (409) 842-5233 Routing number: 15788 |
| Union Pacific Employees Credit Union, Beaumont |
550 Lindbergh Dr Beaumont, TX 77707
Phone: (409) 842-2560 Routing number: 67417 |
Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Like the credit cooperatives, credit unions form associations of a higher level, which are called corporate credit unions. Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. Since the early 80's started the process of consolidation of credit unions, leading to a decrease in their number with a simultaneous increase in the total number of members. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. Credit unions are competitors of savings institutions, adding interest on deposits of members. This applies to the shares, as well as to additional funds transferred to the account in the credit union. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.).