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. The relationship of shareholders with credit union are not client-based, they are co-operative, based on different principles and standards, in particular, on the principles of the law of obligations. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). 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. Unlike banks credit unions limit their activities to a closed circle of people.
Fairmont, West Virginia have 4 agent Credit Union location in your country. All country.
The relationship of shareholders with credit union are not client-based, they are co-operative, based on different principles and standards, in particular, on the principles of the law of obligations. 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.
Agent | Contacts |
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City Of Fairmont Federal Credit Union, Fairmont |
500 Quincy Street Fairmont, WV 26554
Phone: 304-366-9280 ext. 449 Routing number: 18142 Charter number: 251578831 |
Fairmont Federal Credit Union, Fairmont |
401 Tenth Street Fairmont, WV 26554
Phone: (304) 363-5320 Routing number: 03439 Charter number: 251578844 |
Marion County School Employees Federal Credit Union, Fairmont |
200 Gaston Ave Fairmont, WV 26554
Phone: (304) 366-2390 Routing number: 22428 Charter number: 251579694 |
U S Employees Federal Credit Union, Fairmont |
331 Madison Street Fairmont, WV 26554
Phone: (304) 366-0910 Routing number: 06672 Charter number: 251578886 |
Credit unions encourage savings of citizens, setting compensation payments (interest) on savings and provide from these savings loans to their members. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. 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 relationship of shareholders with credit union are not client-based, they are co-operative, based on different principles and standards, in particular, on the principles of the law of obligations. As of the January 1, 2012 the national associations and confederations unite more than 196 million members participating in the 51,013 credit unions in 100 countries. The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU.