Credit Union Location in Paris, Texas

To get a loan in the credit union a shareholder must be not only a formally adopted there, but necessary pay in cash contributions, the amount and order of payment of which approved by the General Assembly and fixed by the charter. When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy. To reduce the risk of default on loans members of the credit union shall the joint guarantee. 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. 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 value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress.

Credit Union Location in Paris, Texas

Paris, Texas have 5 agent Credit Union location in your country. All country.

When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy. 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.

Agent	Contacts
District 1 Thd Credit Union, Paris	2500 Fm 79 Ste. #1 Paris, TX 75460 Phone: (903) 785-2472 Routing number: 67492
Employees United Federal Credit Union, Paris	2285 Nw 19th Paris, TX 75460 Phone: (903) 784-6861 Routing number: 21904
Lamar Federal Credit Union, Paris	2446 Lamar Avenue Paris, TX 75460 Phone: (903) 785-6634 Routing number: 15066
Northeast Texas Teachers Federal Credit Union, Paris	3320 Lamar Avenue Paris, TX 75460 Phone: (903) 785-6682 Routing number: 14170
Paris District Credit Union, Paris	500 Clarksville Street Paris, TX 75460 Phone: (903) 785-5424 Routing number: 67499

To date, credit unions - virtually the only form of financial institution where people can quickly and without any problems get a relatively inexpensive cash loan. Main share of credit unions assets is concentrated in loans (about 50%), while the share of consumer loans in commercial banks and finance companies active operations rarely exceeds 15%. The most common type of loans in credit unions are loans to purchase new and used cars (40%), followed by first mortgages and second mortgages (35%), about 10% are unsecured personal loans to member of unions and about 15% - are loans on credit cards and other loans. 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. To reduce the risk of default on loans members of the credit union shall the joint guarantee. 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. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. U.S. credit unions have another significant difference from the credit cooperatives of farmers: the first have major proportion of short-term loans, the second - long and mostly in real estate. To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity.