Find a Business Near: Norwich, CT

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    Credit Unions in Norwich


    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.

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    Business Listing   Charter Oak Federal Credit Union - Norwich, CT - Phone: (860) 887-9256


    Business Listing   Connecticut State Employees Credit Union Inc - Norwich, CT - Phone: (860) 889-7378


    Business Listing   Coreplus Federal Credit Union - Norwich, CT - Phone: (860) 885-0079


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    Helpful Definition for: Credit Unions

    A credit union in Norwich 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 Norwich 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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