Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. Credit unions also differ from the traditional consumer cooperatives. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. 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. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.
Credit Union Location in League City, Texas
League City, Texas have 1 agent Credit Union location in your country. All country.
Credit unions also differ from the traditional consumer cooperatives. 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.
| Agent | Contacts |
|---|---|
| Associated Credit Union Of Texas Credit Union, League City |
1095 W League City Pkwy League City, TX 77573
Phone: (409) 945-4474 Routing number: 60608 |
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. Typically, donor contributions to the credit unions are targeted and used in the same statutory requirements and restrictions as the Mutual Financial Aid fund as a whole. 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. The relationship between credit unions and shareholders arise from the membership and are not customer relationship. The right to use the services of the credit union have only its members. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit. 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.
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