Credit Unions
About Credit Unions
Credit unions are co-operative financial institutions that are owned and controlled by their members. Credit unions are operated in order to provide credit at reasonable rates as well as provide other financial services to credit union members. Credit unions are defined by the World Council of Credit Unions (WOCCU) as "not-for-profit cooperative institutions."
Globally, credit unions vary widely in terms of sizes, ranging from tiny volunteer organizations with just a few members to large institutions with billions of dollars in assets and many thousand members. In general though credit unions tend to be smaller than banks. To illustrate this, average credit unions in the United States have $93 million dollars in assets, whereas the average bank has approximately $1.53 billion dollars under management.
To learn more about credit unions, use the links at the top of the page to view the free list of credit unions in the Credit Union List.
Browse local services for individual business listings.
|