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Credit Unions in Lubbock
Below is a list of businesses listed within our directory. If you do not see your business within the list below, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings.
Alliance Federal Credit Union - Main Office - Lubbock, TX - Phone: (806) 798-5554
Lubbock Federal Credit Union - Main - Lubbock, TX - Phone: (806) 745-2788
Lubbock Teachers Federal Credit Union - Lubbock, TX - Phone: (806) 744-8704
Lubbock Telco Federal Credit Union - Lubbock, TX - Phone: (806) 797-8044
Plains Bell Federal Credit Union - Lubbock, TX - Phone: (806) 745-5522
Westex Federal Credit Union - Lubbock, TX - Phone: (806) 765-5701
Helpful Definition for: Credit Unions
A credit union in Lubbock 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 Lubbock 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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