Credit unions also differ from the traditional consumer cooperatives. 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. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations.
Credit Union Location in Belpre, Ohio
Belpre, Ohio have 2 agent Credit Union location in your country. All country.
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. Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations.
| Agent | Contacts |
|---|---|
| Kraton Belpre Federal Credit Union, Belpre |
2419 State Route 618 Belpre, OH 45714
Phone: (740) 423-2388 Routing number: 20204 Charter number: 244274100 |
| Riverview Credit Union, Belpre |
403 Main Street Belpre, OH 45714
Phone: (740) 423-4260 Routing number: 62413 Charter number: 244280107 |
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. 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. 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. Credit Union - a non-profit financial institution specialized in mutual financial assistance by providing savings and credit services to their members. U.S. credit unions have another significant difference from the credit cooperatives of farmers: the first have major proportion of short-term loans, the second - long and mostly in real estate. 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.
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