Credit Union Location in Floydada, Texas

Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). Credit union as a consumer cooperative operates on the principles of equality of all its members.

Credit Union Location in Floydada, Texas

Floydada, Texas have 1 agent Credit Union location in your country. All country.

First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. Credit union as a consumer cooperative operates on the principles of equality of all its members.

Agent	Contacts
F.C.S. Federal Credit Union, Floydada	230 W. California Floydada, TX 79235 Phone: (806) 983-5126 Routing number: 17696

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. 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. All the members of the credit union, regardless of gender, ethnicity, religious and political beliefs, as well as the size of the monetary share have equal rights. 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. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations.