Like any financial institution, credit unions have the financial resources. 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. 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. 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. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). Unlike banks, in order to use the services of a credit union, you have to become its member, having written an application and having paid thus shares and membership fee. Unlike banks credit unions limit their activities to a closed circle of people. Corporate alliances are intermediaries between credit unions and financial markets.
Madison, Wisconsin have 18 agent Credit Union location in your country. All country.
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. The relationship between credit unions and shareholders arise from the membership and are not customer relationship.
Agent | Contacts |
---|---|
Post Office Credit Union, Madison |
151 W. Corporate Dr Madison, WI 53714
Phone: (608) 244-3518 Routing number: 66491 |
St. Marys & Affiliates Credit Union, Madison |
700 S Park St Madison, WI 53715
Phone: (608) 258-5062 Routing number: 66564 |
Star Credit Union, Madison |
2001 Taft St Madison, WI 53713
Phone: (608) 257-2606 Routing number: 68535 |
Summit Credit Union, Madison |
4800 American Pkwy Madison, WI 53718
Phone: (608) 243-5000 Routing number: 67190 |
Truax Credit Union, Madison |
2625 Sloan Blvd Madison, WI 53704
Phone: (608) 244-7704 Routing number: 66469 |
University Of Wisconsin Credit Union, Madison |
3500 University Ave Madison, WI 53705
Phone: (608) 232-5000 Routing number: 66492 |
Wea Credit Union, Madison |
33 Nob Hill Rd Madison, WI 53713
Phone: (608) 274-9828 Routing number: 66677 |
Webcrafters Employes Credit Union, Madison |
2211 Fordem Avenue Madison, WI 53704
Phone: (608) 245-5522 Routing number: 66419 |
The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests. Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. 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. 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. National Credit Union Insurance Fund was created by Congress in 1970 to insure deposits of credit union members in the amount of 100 thousand dollars. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Historically, credit unions have grown from the experience of credit cooperatives, but they took the experience of organizations of mutual aid of citizens by moving methods of social self-protection from labor and toward consumption. Unlike banks credit unions limit their activities to a closed circle of people.