Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy. 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. Until the 70's there was a proliferation of the U.S. credit unions due to the increase of their number and the number of shareholders, although it must be acknowledged that there was also and a qualitative growth. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Taking a decision to join a credit union, citizens create an organization through which they participate in the shared savings by mutual crediting and joint (collective) use of personal savings. To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity.
Credit Union Location in Woodbridge, Virginia
Woodbridge, Virginia have 2 agent Credit Union location in your country. All country.
Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy.
| Agent | Contacts |
|---|---|
| Belvoir Federal Credit Union, Woodbridge |
14040 Central Loop Woodbridge, VA 22193
Phone: (703) 730-1800 Routing number: 05356 Charter number: 256078569 |
| P W C Employees Credit Union, Woodbridge |
2080 Old Bridge Rd. #101 Woodbridge, VA 22192
Phone: (703) 490-2786 Routing number: 66975 Charter number: 256078598 |
Credit union services are available only to its shareholders. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.
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