Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). Most modern credit unions represent specialized consumer cooperatives of citizens associated by the principle of social community: place of work, place of residence, profession, or any other shared interest. In the U.S. credit unions timely and full repayment of loans is a common phenomenon. Unpaid and delinquent loans are not more than 3% of their amount. Typically new members of the credit union become citizens having suretyship or recommendations from their friends - members of the credit union. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. At the organization of the credit union it is important that people know each other and know the extent to which each of them is trustworthy. 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 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.
Bellingham, Washington have 5 agent Credit Union location in your country. All country.
Most modern credit unions represent specialized consumer cooperatives of citizens associated by the principle of social community: place of work, place of residence, profession, or any other shared interest. Typically new members of the credit union become citizens having suretyship or recommendations from their friends - members of the credit union.
Agent | Contacts |
---|---|
Gapac Community Federal Credit Union, Bellingham |
2501 James Street Bellingham, WA 98225
Phone: (360) 734-5790 Routing number: 08113 |
Industrial Credit Union Of Whatcom County, Bellingham |
1100 N State Street Bellingham, WA 98225
Phone: (360) 734-2043 Routing number: 66337 |
North Coast Credit Union, Bellingham |
1100 Dupont Street Bellingham, WA 98225
Phone: (360) 733-3982 Routing number: 66734 Charter number: 325180184 |
Pacific Northwest Credit Union, Bellingham |
3250 Northwest Avenue Bellingham, WA 98225
Phone: (360) 647-0560 Routing number: 67926 |
Whatcom Educational Credit Union, Bellingham |
600 E Holly St Bellingham, WA 98225
Phone: (360) 676-1168 Routing number: 66373 |
Credit union promotes the effective conservation of personal funds of its members, giving them the loans from the funds of the credit union, as well as the sharing of savings in education, housing, health care and other programs of social support and social development of its members. Over 30% of the assets of credit unions are investments in government securities, certificates of deposit of banks and savings loan associations, as well as in the parent credit unions, and other risk-free investments. Membership in the credit union forms responsible citizens and conscientious attitude to their obligations as a norm of behavior, identify the value of a decent man's reputation in the business turnover. 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. The value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.