Credit Union Location in Texas City, Texas

In recent decades, many credit unions began to resort to such form of service as 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. Unlike banks credit unions limit their activities to a closed circle of people. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.

Credit Union Location in Texas City, Texas

Texas City, Texas have 4 agent Credit Union location in your country. All country.

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. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.

Agent	Contacts
Amoco Federal Credit Union, Texas City	2300 Texas Ave Texas City, TX 77590 Phone: (409) 948-8541 Routing number: 02441
Gulf Shore Federal Credit Union, Texas City	1306 25th St N Texas City, TX 77590 Phone: (409) 945-2318 Routing number: 02442
Marathon Republic Federal Credit Union, Texas City	3310 Palmer Highway Texas City, TX 77590 Phone: (409) 948-1769 Routing number: 02724
T. C. Teachers Federal Credit Union, Texas City	1401 9th Ave N Texas City, TX 77590 Phone: (409) 942-2617 Routing number: 08589

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. Like the credit cooperatives, credit unions form associations of a higher level, which are called corporate credit unions. The uniqueness of credit unions is that they put together the principles and benefits of financial cooperatives, consumer cooperatives and mutual aid funds, born once by trade unions. National Credit Union Insurance Fund was created by Congress in 1970 to insure deposits of credit union members in the amount of 100 thousand dollars. The right to use the services of the credit union have only its members. To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity. 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.