Most modern credit unions represent specialized consumer cooperatives of citizens associated by the principle of social community: place of work, place of residence, profession, or any other shared interest. In recent decades, many credit unions began to resort to such form of service as To reduce the risk of default on loans members of the credit union shall the joint guarantee. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations.
Credit Union Location in Plano, Texas
Plano, Texas have 2 agent Credit Union location in your country. All country.
In recent decades, many credit unions began to resort to such form of service as Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations.
| Agent | Contacts |
|---|---|
| Dr Pepper Employees Federal Credit Union, Plano |
5301 Legacy Dr Plano, TX 75024
Phone: (972) 673-7623 Routing number: 06848 |
| E.D.S. Credit Union, Plano |
5640 Democracy Dr Plano, TX 75024
Phone: (214) 291-1776 Routing number: 68505 Charter number: 311079474 |
In the U.S., credit unions have a clear organizational structure. All credit unions belong to one or the other parent credit union (there are 35 of them in the U.S.). The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Credit unions are financial institutions, financial cooperatives of citizens, and in this capacity they are above all associations of people, not unification of capitals, which is typical, for example, for public companies. A credit union on its own initiative order is created by citizens (individuals) to solve their financial problems that they could not solve in other financial institutions.
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