In the U.S., credit unions have a clear organizational structure. All credit unions belong to one or the other parent credit union (there are 35 of them in the U.S.). 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). Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. 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.
Aberdeen, Washington have 3 agent Credit Union location in your country. All country.
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 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.
Agent | Contacts |
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G H Woodworkers Federal Credit Union, Aberdeen |
2600 Sumner Ave Aberdeen, WA 98520
Phone: (360) 532-0628 Routing number: 10215 |
Grays Harbor Community Hosp Federal Credit Union, Aberdeen |
1006 No. H Suite B Aberdeen, WA 98520
Phone: (360) 537-6071 Routing number: 15204 |
Great Northwest Federal Credit Union, Aberdeen |
301 West Wishkah Street Aberdeen, WA 98520
Phone: (360) 533-9990 Routing number: 24606 |
Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. Credit unions also differ from the traditional consumer cooperatives. Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. All the members of the credit union, regardless of gender, ethnicity, religious and political beliefs, as well as the size of the monetary share have equal rights. To reduce the risk of default on loans members of the credit union shall the joint guarantee. Important specifics of creating a credit union - an initiative order of organization: people do not receive any instructions, orders or regulations, the unification into a credit union occurs by their will and decision. 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. 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.