Credit Union

A credit union is a member-owned financial cooperative, democratically 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 also provide services intended to support community development or sustainable international development on a local level.Worldwide, credit union systems vary significantly in terms of total system assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with assets worth several billion US dollars and hundreds of thousands of members.
Posts about Credit Union
  • Preparing for a Bankruptcy Case

    … that you weren’t required to file. Copies of Financial Account Statements Third, you’ll need copies of a recent account statement from any financial account you have. This includes any checking or savings accounts at a bank or credit union. It also includes statements for other kinds of financial accounts, such as Certificates of Deposit (CDs) or Money…

    Nick Gajewski/ Bond and Botes- 30 readers -
  • What is an Involuntary Bankruptcy?

    … What is an Involuntary Bankruptcy? Posted on Mar 01, 2016 By Kathryn Davis March 1, 2016 by Kathryn Davis Almost all bankruptcies that are filed are voluntary bankruptcies. That is, the debtor decides to file for bankruptcy on behalf of him or herself. In addition to a voluntary bankruptcy, the law also allows for creditors to file…

    Kathryn Davis/ Bond and Botes- 39 readers -
  • What Happens If I Guarantee Another Individual’s Debt?

    … of our experienced attorneys. If you have questions regarding Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, stopping foreclosure or wage garnishment, avoiding liens, stopping lawsuits, discharging debt, etc. we can help! We will analyze your situation and help you make the best decision possible to help you with your financial problems. …

    Grant Mcnutt/ Bond and Botes- 39 readers -
  • Becoming a Good Money Manager After Bankruptcy

    … or credit union to retain $500.00 in an account and you receive a credit card with a credit limit for that amount. You should be wise, however with any credit following bankruptcy because sometimes if the interest is high, that new credit can knock a door in a wall where you only wanted a window. For many years I told clients that more than one…

    Bond and Botes- 31 readers -
  • Is Your Bank Account Safe During Bankruptcy?

    … are thinking that you may be filing any type of bankruptcy case in the near future. The “Set Off” First, it is usually never a good idea to have deposit accounts like checking and savings accounts or any other deposits of money in any financial institution where you owe money. The problem? It’s called “set-off” and it’s usually buried in the fine print…

    Ed Woods/ Bond and Botes- 37 readers -
  • Power of Attorney Not Authorized for Self Dealing

    … Written by Brian Spiro • May 22nd, 2015 • Probate Litigation, Resources, Other Resources, Commercial Litigation, A power of attorney is a legal document is a legal document delegating authority from one person to another. Recently, the Supreme Court of South Dakota provided yet another example of how important the language contained within…

    Florida Probate, Trust and Estate Blog- 14 readers -
  • Accounting Malpractice Case Filed After Bank Collapse

    … Accounting Malpractice Case Filed After Bank Collapse A small Ohio credit union shut down by regulators in 2013 has spurred a major accounting malpractice case against the CPA firm charged with auditing its books. Regulators shut down the Taupa Lithuanian Credit Union in July 2013 after finding that it was insolvent. Just a few months earlier…

    Legal Malpractice - Chris Trebatoski- 39 readers -