Credit Unions in New Philadelphia
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.
Dover-Phila Federal Credit Union - New Phila Branch - New Philadelphia, OH - Phone: (330) 308-8874
Eastern Credit Union Inc - New Philadelphia, OH - Phone: (330) 364-7373
Empire Affiliates Credit Union Inc - New Philadelphia, OH - Phone: (330) 364-2712
Helpful Definition for: Credit Unions
A credit union in New Philadelphia 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 New Philadelphia 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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