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 recent decades, many credit unions began to resort to such form of service as Credit union is created by a group of members who pursue a common interest. Agreeing to make regular contributions, they create a fund from which can borrow money for investments and replenishment of working capital at favorable interest rates. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.
Parkersburg, West Virginia have 8 agent Credit Union location in your country. All country.
In recent decades, many credit unions began to resort to such form of service as The main advantage of credit unions consists in transparency, controllability, governance for shareholders.
Agent | Contacts |
---|---|
C C M H Federal Credit Union, Parkersburg |
801 Ann St Parkersburg, WV 26101
Phone: (304) 424-2255 Routing number: 21057 Charter number: 251579186 |
Ibew 968 Federal Credit Union, Parkersburg |
1845 7th Street Parkersburg, WV 26101
Phone: (304) 424-6666 Routing number: 14020 Charter number: 251579238 |
Mountain Heritage Federal Credit Union, Parkersburg |
1822 Seventh Street Parkersburg, WV 26101
Phone: (304) 424-7256 Routing number: 12470 Charter number: 251579254 |
One Community Federal Credit Union, Parkersburg |
531 5th Street Parkersburg, WV 26101
Phone: 304-485-4066 ext. 114 Routing number: 12143 Charter number: 251579319 |
Union Trades Federal Credit Union, Parkersburg |
1925 Murdoch Avenue Parkersburg, WV 26101
Phone: (304) 485-1421 Routing number: 21100 Charter number: 251579458 |
Wee Federal Credit Union, Parkersburg |
3312 Dudley Ave. Parkersburg, WV 26104
Phone: (304) 420-9517 Routing number: 14257 Charter number: 251579377 |
West Virginia Central Credit Union, Parkersburg |
1306 Murdoch Avenue Parkersburg, WV 26101
Phone: (304) 485-4523 Routing number: 67774 Charter number: 251583839 |
Wood County Community Federal Credit Union, Parkersburg |
2435 Dudley Ave Parkersburg, WV 26101
Phone: (304) 865-2361 Routing number: 22961 Charter number: 251579678 |
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. Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. 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. International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America. The relationship between credit unions and shareholders arise from the membership and are not customer relationship. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others.