Credit Union Location in Redwood City, California

Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. 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. To reduce the risk of default on loans members of the credit union shall the joint guarantee. 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. Credit unions, like today's credit unions, emerged in the 19th century in Germany as a result of crop failure and famine. To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity.

Credit Union Location in Redwood City, California

Redwood City, California have 6 agent Credit Union location in your country. All country.

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. 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.

Agent	Contacts
My Credit Union, Redwood City	510 Veterans Blvd Ste B Redwood City, CA 94063 Phone: (650) 366-5522 Routing number: 68446
Polam Credit Union, Redwood City	770 Marshall Street Redwood City, CA 94063 Phone: (650) 367-8940 Routing number: 21502
Provident Credit Union, Redwood City	303 Twin Dolphin Drive Redwood City, CA 94065 Phone: (650) 508-0300 Routing number: 66343
R Csse Federal Credit Union, Redwood City	530 El Camino Real Redwood City, CA 94063 Phone: (650) 366-7777 Routing number: 07617
San Mateo Credit Union, Redwood City	350 Convention Way Redwood City, CA 94063 Phone: (650) 363-1725 Routing number: 62736
Sequoia Hospital Employees Federal Credit Union, Redwood City	770 Marshall St Suite 200 Redwood City, CA 94063 Phone: (650) 569-4260 Routing number: 09547

National Credit Union Administration (NCUA) - an independent federal agency, based in Washington (State of Columbia), established by the U.S. Congress to oversee the federal credit union system. 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. 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. To reduce the risk of default on loans members of the credit union shall the joint guarantee. A potential new member of a credit union must submit a recommendation of shareholders in which the referee becomes a warrant of a future member of the credit union. 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. Contributions from of shareholders in credit unions in no way can be considered as borrowed funds, they come from the shareholders and for the shareholders and can not be used to provide services to third parties. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others.