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. The uniqueness of credit unions is that they put together the principles and benefits of financial cooperatives, consumer cooperatives and mutual aid funds, born once by trade unions. In the U.S. credit unions timely and full repayment of loans is a common phenomenon. Unpaid and delinquent loans are not more than 3% of their amount. Credit union promotes the effective conservation of personal funds of its members, giving them the loans from the funds of the credit union, as well as the sharing of savings in education, housing, health care and other programs of social support and social development of its members. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. 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 value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. 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.
Milwaukee, Wisconsin have 17 agent Credit Union location in your country. All country.
The uniqueness of credit unions is that they put together the principles and benefits of financial cooperatives, consumer cooperatives and mutual aid funds, born once by trade unions. Credit union promotes the effective conservation of personal funds of its members, giving them the loans from the funds of the credit union, as well as the sharing of savings in education, housing, health care and other programs of social support and social development of its members.
Agent | Contacts |
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Air Tech Credit Union, Milwaukee |
1919 E.Grange Ave Milwaukee, WI 53207
Phone: (414) 744-1325 Routing number: 66546 |
American Credit Union, Milwaukee |
3280 S Clement Av Milwaukee, WI 53207
Phone: (414) 747-2226 Routing number: 66413 |
Aurora Credit Union, Milwaukee |
3355 W. Forest Home Ave. Milwaukee, WI 532153625
Phone: (414) 649-7949 Routing number: 66408 |
Badger Meter Credit Union, Milwaukee |
4545 W. Brown Deer Rd. Milwaukee, WI 53223
Phone: (414) 371-5863 Routing number: 66455 |
Brewery Credit Union, Milwaukee |
1351 North Dr.Martin Luther King, J Milwaukee, WI 53212
Phone: (414) 273-3170 Routing number: 66637 |
Cleaver-Brooks Credit Union, Milwaukee |
Cleaver-Brooks Credit Union 3232 West Lancaster Milwaukee, WI 53209
Phone: (414) 438-5444 Routing number: 67136 |
Ctk Credit Union, Milwaukee |
7750 North 60th Street Milwaukee, WI 53223
Phone: (414) 354-5610 Routing number: 68533 |
Destiny Credit Union, Milwaukee |
7210 N 76th St Milwaukee, WI 53223
Phone: (414) 760-2332 Routing number: 68580 |
Empower Credit Union, Milwaukee |
231 W Michigan St P258 Milwaukee, WI 53203
Phone: (414) 221-3451 Routing number: 68317 |
Federated Family Credit Union, Milwaukee |
626 E Wisconsin Ave Ste 102 Milwaukee, WI 53202
Phone: (414) 278-7220 Routing number: 66519 |
The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. Credit unions perform the function of social protection in a vital for people sphere of financial services. They care about improving the financial literacy of the population, are working on the formation of their members and their employees. Income derived from the provision of services to its members, does not become the profit of credit union and is distributed among its members in proportion to their savings. 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). Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. The right to use the services of the credit union have only its members. On the consumer credit market in the U.S. credit unions are on the third place after the commercial banks and finance companies and are ahead of savings institutions, not taking into account the loans on real estate.