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Find a Business Near: Lorain, OH

Credit Unions In Lorain

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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   Cleveland Self Reliance Federal Credit Union - Lorain Branch - Lorain, OH - Phone: (440) 277-1901


Business Listing   EDCO Federal Credit Union - Lorain, OH - Phone: (440) 233-4878


Business Listing   Genfed Federal Credit Union - Lorain, OH - Phone: (440) 282-4606


Business Listing   Health Associates Credit Union - Lorain, OH - Phone: (440) 960-0094


Business Listing   L S E Credit Union - Lorain, OH - Phone: (440) 282-4600


Business Listing   Lorain Sacred Heart Federal Credit Union - Lorain, OH - Phone: (440) 277-6345


Business Listing   Lormet Community Federal Credit Union - Lorain, OH - Phone: (440) 277-8265


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Helpful Definition for: Credit Unions

A credit union in Lorain 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 Lorain 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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