Credit Union Location in Oakland, California

In the U.S., credit unions have a clear organizational structure. All credit unions belong to one or the other parent credit union (there are 35 of them in the U.S.). 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. Credit unions also differ from the traditional consumer cooperatives. The number of shareholders of a credit union is limited and formalized by a list. Limit of the number is defined by the assembly and such assembly establishes the charter. 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. Is necessary that all shareholders of the credit union were members of a single community, would know each other well enough to enjoy mutual trust. At the organization of the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. 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.

Credit Union Location in Oakland, California

Oakland, California have 8 agent Credit Union location in your country. All country.

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. The number of shareholders of a credit union is limited and formalized by a list. Limit of the number is defined by the assembly and such assembly establishes the charter.

Agent	Contacts
East Bay Postal Credit Union, Oakland	480 Roland Way 102 Oakland, CA 94621 Phone: (510) 568-7150 Routing number: 65582
Ilwu - Fsc Federal Credit Union, Oakland	Ilwu - Fsc Federal Credit Union 237 Fallon Street Oakland, CA 94607 Phone: (510) 451-1600 Routing number: 22015
Matson Employees Federal Credit Union, Oakland	555 - 12th Street Oakland, CA 94577 Phone: (510) 628-4040 Routing number: 02843
Oakland Municipal Credit Union, Oakland	505 14th St #180 Oakland, CA 94612 Phone: (510) 637-6600 Routing number: 64575
Onized Oakland Federal Credit Union, Oakland	3600 Alameda Ave Oakland, CA 94601 Phone: (510) 436-2126 Routing number: 03203
Sea West Coast Guard Federal Credit Union, Oakland	8750 Mountain Blvd Oakland, CA 94605 Phone: (510) 568-4100 Routing number: 12814
Taylor Memorial United Methodist Federal Credit Union, Oakland	1188 12th Street Oakland, CA 94607 Phone: (510) 465-1734 Routing number: 21263
Utility District Credit Union, Oakland	375 11th Street Ste 203 Oakland, CA 94607 Phone: (510) 287-0467 Routing number: 61085

Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union). The difference between credit unions and banks is clearly is apparent when comparing the structure of assets and liabilities of credit unions and banks. At the organization of the credit union it is important that people know each other and know the extent to which each of them is trustworthy. 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 relationship between credit unions and shareholders arise from the membership and are not customer relationship. In the UK, credit unions are a source of financing of people groups. This tool is not widely used. Credit unions are financial institutions, financial cooperatives of citizens, and in this capacity they are above all associations of people, not unification of capitals, which is typical, for example, for public companies. The right to use the services of the credit union have only its members. 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. Unlike banks credit unions limit their activities to a closed circle of people.