Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. Credit unions historically formed as a special form of social support, initially taken upon themselves the social mission of protecting the interests of citizens in the field of financial services. 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 Location in Antigo, Wisconsin
Antigo, Wisconsin have 1 agent Credit Union location in your country. All country.
First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. Credit unions historically formed as a special form of social support, initially taken upon themselves the social mission of protecting the interests of citizens in the field of financial services.
| Agent | Contacts |
|---|---|
| Covantage Credit Union, Antigo |
723 Sixth Avenue Antigo, WI 54409
Phone: (715) 627-4336 Routing number: 66848 |
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. Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. To reduce the risk of default on loans members of the credit union shall the joint guarantee. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. The relationship between credit unions and shareholders arise from the membership and are not customer relationship. Credit unions, like today's credit unions, emerged in the 19th century in Germany as a result of crop failure and famine. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). Credit unions historically formed as a special form of social support, initially taken upon themselves the social mission of protecting the interests of citizens in the field of financial services. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.
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