Credit Union Location in Port Arthur, Texas

In 1908. the spread of credit unions has reached the United States. In 1935 President Roosevelt signed the state Charter on credit unions, which became a law. Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. The number of shareholders of a credit union is limited and formalized by a list. Limit of the number is defined by the assembly and such assembly establishes the charter. Members of credit unions place in credit unions usually free fund balances, ie those that remain after expenses devoted to education of children, the acquisition of new properties, additional pension benefits, etc. To reduce the risk of default on loans members of the credit union shall the joint guarantee. 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.

Credit Union Location in Port Arthur, Texas

Port Arthur, Texas have 3 agent Credit Union location in your country. All country.

Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. Members of credit unions place in credit unions usually free fund balances, ie those that remain after expenses devoted to education of children, the acquisition of new properties, additional pension benefits, etc.

Agent	Contacts
Port Arthur Community Federal Credit Union, Port Arthur	3100 Central Mall Drive Port Arthur, TX 77642 Phone: (409) 729-7938 Routing number: 07023
Port Arthur Teachers Federal Credit Union, Port Arthur	3001 Jimmy Johnson Blvd Port Arthur, TX 77642 Phone: (409) 729-3075 Routing number: 08413
T & Fs Employees Credit Union, Port Arthur	548 W 5th Street Port Arthur, TX 77640 Phone: (409) 982-0891 Routing number: 67462

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. Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. Credit unions perform the function of social protection in a vital for people sphere of financial services. They care about improving the financial literacy of the population, are working on the formation of their members and their employees. Credit union services are available only to its shareholders. Membership in the credit union forms responsible citizens and conscientious attitude to their obligations as a norm of behavior, identify the value of a decent man's reputation in the business turnover. 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). Contributions from of shareholders in credit unions in no way can be considered as borrowed funds, they come from the shareholders and for the shareholders and can not be used to provide services to third parties. 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.