Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. In recent decades, many credit unions began to resort to such form of service as 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. 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. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. In the case of default the shareholder - individual will respond with its property and, in addition, is jointly and severally liable with the credit union's commitments. 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.
Fairfax, Virginia have 3 agent Credit Union location in your country. All country.
In recent decades, many credit unions began to resort to such form of service as Credit union services are available only to its shareholders.
Agent | Contacts |
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Apple Federal Credit Union, Fairfax |
4029 Ridge Top Road Fairfax, VA 22030
Phone: (703) 788-4800 Routing number: 11307 Charter number: 256078514 |
Fairfax City Federal Credit Union, Fairfax |
10455 Armstrong St. Fairfax, VA 22030
Phone: (703) 385-7944 Routing number: 18665 Charter number: 256078491 |
Fairfax County Federal Credit Union, Fairfax |
4201 Members Way Fairfax, VA 22030
Phone: (703) 218-9900 Routing number: 24658 Charter number: 256078501 |
Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Like any financial institution, credit unions have the financial resources. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. Credit unions are competitors of savings institutions, adding interest on deposits of members. This applies to the shares, as well as to additional funds transferred to the account in the credit union.