In 1908. the spread of credit unions has reached the United States. In 1935 President Roosevelt signed the state Charter on credit unions, which became a law. Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. 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. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative.
Credit Union Location in Clarksburg, West Virginia
Clarksburg, West Virginia have 4 agent Credit Union location in your country. All country.
Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders. 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.
| Agent | Contacts |
|---|---|
| CAPE Federal Credit Union, Clarksburg |
200 Cava Drive Rm. 126 Clarksburg, WV 26301-5506
Phone: (304) 623-4794 Routing number: 24841 Charter number: 251578721 |
| City Of Clarksburg Federal Credit Union, Clarksburg |
444 W. Main St. Suite 4 Clarksburg, WV 26301
Phone: (304) 624-1678 Routing number: 13426 Charter number: 251578718 |
| Cwv Tel Federal Credit Union, Clarksburg |
131 W Pike Street Clarksburg, WV 26301
Phone: (304) 623-6800 Routing number: 06674 Charter number: 251578705 |
| Hope Federal Credit Union, Clarksburg |
445 West Main St Clarksburg, WV 26301
Phone: (304) 627-3065 Routing number: 00220 Charter number: 251578776 |
Membership in the credit union is voluntary and is open to all citizens bound by with joint work or residence, who wished to create a credit union to use its services and are willing to take on relevant commitments and responsibilities. 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.). To get a loan in the credit union a shareholder must be not only a formally adopted there, but necessary pay in cash contributions, the amount and order of payment of which approved by the General Assembly and fixed by the charter. Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. 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. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. Contributions from of shareholders in credit unions in no way can be considered as borrowed funds, they come from the shareholders and for the shareholders and can not be used to provide services to third parties. Credit unions, like today's credit unions, emerged in the 19th century in Germany as a result of crop failure and famine. The right to use the services of the credit union have only its members.