Credit Union Location in Monahans, Texas

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). Credit union services are available only to its shareholders. Credit cooperatives and credit unions exist in many different forms. The main differences relate to the nature of the membership and the opening of a credit institution. Credit unions historically formed as a special form of social support, initially taken upon themselves the social mission of protecting the interests of citizens in the field of financial services.

Credit Union Location in Monahans, Texas

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

Credit union services are available only to its shareholders. Credit unions historically formed as a special form of social support, initially taken upon themselves the social mission of protecting the interests of citizens in the field of financial services.

Agent	Contacts
Ward County Teachers Credit Union, Monahans	301 South Main Street Monahans, TX 79756 Phone: (432) 943-3445 Routing number: 67571

Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders. 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. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others.