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Credit Unions In Amsterdam

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Credit Unions


Below is a list of businesses which provide Credit Unions services. If you do not see your business in the list, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings.
Standard Listings

Business Listing   M C T Federal Credit Union - Amsterdam, NY - Phone: (518) 842-1840


Business Listing   M C T Federal Credit Union Audio Response Unit - Amsterdam, NY - Phone: (518) 842-5079


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other categories in Amsterdam, newyork

Helpful Definition for: Credit Unions

A credit union in Amsterdam is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. Many credit unions exist to further community development or sustainable international development on a local level. They are typically smaller than banks, and are generally not-for-profit cooperative institutions. Credit unions in Amsterdam have an unusual organizational structure, which attempts to solve the principal-agent problem by ensuring that the owners and the users of the institution are the same people. In any case, credit unions cannot accept donations and must be able to prosper in a competitive market economy.

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