The main advantage of credit unions consists in transparency, controllability, governance for shareholders. 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). The right to use the services of the credit union have only its members. Credit unions base their activities on savings of shareholders, their shares and savings contributions, which make up the fund of mutual financial assistance - a source of cash loans to shareholders. On the consumer credit market in the U.S. credit unions are on the third place after the commercial banks and finance companies and are ahead of savings institutions, not taking into account the loans on real estate.
Richmond, Virginia have 25 agent Credit Union location in your country. All country.
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). Credit unions base their activities on savings of shareholders, their shares and savings contributions, which make up the fund of mutual financial assistance - a source of cash loans to shareholders.
Agent | Contacts |
---|---|
I B E W Richmond Va Local 666 Federal Credit Union, Richmond |
3108 N. Parham Road Richmond, VA 23294
Phone: (804) 747-8077 Routing number: 09426 Charter number: 251082314 |
Life Line Credit Union Inc., Richmond |
5855 Bremo Rd Suite 701 Richmond, VA 23226
Phone: (804) 285-1916 Routing number: 66930 Charter number: 251082550 |
Nabisco Employees Credit Union, Richmond |
6002 S.Laburnum Ave. Richmond, VA 232315002
Phone: (804) 222-1307 Routing number: 66957 |
New Generations Federal Credit Union, Richmond |
1700 Robin Hood Rd Richmond, VA 23220
Phone: (804) 359-8754 Routing number: 06878 Charter number: 251082495 |
R F & P Richmond Federal Credit Union, Richmond |
4807 Hermitage Rd Ste 203 Richmond, VA 23227
Phone: (804) 266-2767 Routing number: 11150 Charter number: 251082398 |
Resources Federal Credit Union, Richmond |
6620 W. Broad St. Bldg. 2 Richmond, VA 23230
Phone: (804) 281-6341 Routing number: 00291 Charter number: 251082327 |
Richmond Fire Department Credit Union Inc, Richmond |
900 Hermitage Road Richmond, VA 23220
Phone: (804) 354-0673 Routing number: 66899 Charter number: 251082411 |
Richmond Heritage Federal Credit Union, Richmond |
50 West Commerce Road Richmond, VA 23224
Phone: (804) 233-8872 Routing number: 01282 Charter number: 251082479 |
Richmond Police Department Credit Union, Richmond |
200 W. Grace St. Richmond, VA 23220
Phone: (804) 780-1001 Routing number: 66901 Charter number: 251082453 |
Spruance Cellophane Credit Union, Richmond |
7119 Jefferson Davis Hwy Richmond, VA 23237
Phone: (804) 383-3309 Routing number: 60012 Charter number: 251082589 |
Share contributions are transferred to the credit union on the basis of membership for the whole stay of a shareholder as member of the credit union and are the basis of membership. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Initially, the target groups of credit unions were farmers (Raiffeisen), and now they include both individuals (credit unions), and organizations. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). Credit union as a consumer cooperative operates on the principles of equality of all its members.