Activity of the credit union consists of organizing mutual financial assistance by meeting the needs of its members in the services of saving and obtaining loans. Is necessary that all shareholders of the credit union were members of a single community, would know each other well enough to enjoy mutual trust. 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. 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. The relationship between credit unions and shareholders arise from the membership and are not customer relationship.
Ellenburg, Washington have 1 agent Credit Union location in your country. All country.
Is necessary that all shareholders of the credit union were members of a single community, would know each other well enough to enjoy mutual trust. 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.
Agent | Contacts |
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Cwu Federal Credit Union, Ellenburg |
400 E University Way Farrell Hall, Room #123 Ellensburg, WA 989267416
Phone: (509) 963-1995 Routing number: 17690 |
In recent decades, many credit unions began to resort to such form of service as Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. Like the credit cooperatives, credit unions form associations of a higher level, which are called corporate credit unions. 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. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. Credit Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks.