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Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. 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. National Credit Union Insurance Fund was created by Congress in 1970 to insure deposits of credit union members in the amount of 100 thousand dollars. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type. Credit Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members. 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 as a consumer cooperative operates on the principles of equality of all its members. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.


Hha Federal Credit Union, Credit Union Location Houston, Texas


Name Contacts Info
Hha Federal Credit Union
1600 Allen Parkway Suite 209 Houston, TX 77019 Phone: (713) 571-0641
Routing number: 16195
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