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Altura Credit Union
Altura Credit Union (Altura) is the largest credit union headquartered in Riverside County, California, with over 175,000 members and assets in excess of $2 billion (as of December 2022). As a federally insured, state-chartered financial institution, Altura operates 21 full-service branches and its deposit assets are insured by the National Credit Union Share Insurance Fund (NCUSIF). Altura offers a wide range of financial products and services that include checking and savings accounts, new and used auto loans, commercial and residential mortgage loans, and wealth management services. Altura's banking platform includes online banking, mobile banking, web bill pay, and online/mobile loan applications. Altura also belongs to the CO-OP shared branching network, which provides its members with fee-free access to over 5,200 branches ( CU Service Centers) and more than 30,000 ATMs (CO-OP Financial Services CU Cooperative Systems, Inc. doing business as Co-op Solutions (formerly d.b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of Credit (finance), credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016. Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Unions Based In California
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CO-OP Financial Services
CU Cooperative Systems, Inc. doing business as Co-op Solutions (formerly d.b.a. CO-OP Financial Services), is a company that operates an interbank network connecting the ATMs of credit unions in the United States, with locations also in Canada and certain United States Navy bases overseas. It is the largest credit union-owned interbank network in the US. It is headquartered in Rancho Cucamonga, California. History The CO-OP Network began in 1981 when 20 credit unions in California united their 32 ATMs. In 1986 the first CO-OP ATMs are deployed at 7-Eleven stores. In 2002, the network added its first Canadian member, CS CO-OP. In 2003, the network added 262 ATMs of the Navy Federal Credit Union which are located on U.S. Naval bases through the United States plus Africa, Bahrain, Cuba, Diego Garcia, Greece, Guam, Italy, Japan, Korea, Singapore and Spain. ATM access at these bases are restricted to individuals with the proper base security access. In 2007, CO-OP members gaine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CU Service Centers
Credit Union Service Centers (commonly known as shared branching) is an organization of credit unions that allows members of participating credit unions to process transactions at any participating branch. As of September 2011, the network included 4,372 participating locations. While mostly composed of US based credit unions, the network is international. Transactions While the transactions can vary by office, some may have fees based on an established schedule, they generally include: * Deposits * Withdrawals * Loan payments * Make transfers between accounts * Purchasing money orders, travelers checks and official checks Check or cheque, may refer to: Places * Check, Virginia Arts, entertainment, and media * ''Check'' (film), a 2021 Indian Telugu-language film * ''The Checks'' (episode), a 1996 TV episode of ''Seinfeld'' Games and sports * Check (chess), a thr ... Notes External linksCU Service Centers Credit unions of the United States {{US-bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Credit Union Share Insurance Fund
The National Credit Union Share Insurance Fund provides deposit insurance to protect the accounts of credit union members at federally insured institutions in the United States. Created in 1970, the Share Insurance Fund is administered by the National Credit Union Administration, an independent federal financial regulator. The Share Insurance Fund is funded completely by participating credit unions, and not one penny of insured savings has ever been lost by a member of a federally insured credit union. The Share Insurance Fund is backed by the full faith and credit of the United States government. As of December 2016, Share Insurance Fund insured an estimated $1 trillion in member shares in more than 5,800 federally insured credit unions. Funding, premiums and dividends In 1970, Congress approved, and President Richard M. Nixon signed, Public Law 91-206 (see 12 U.S.C.br>§§ [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riverside County, California
Riverside County is a County (United States), county located in the southern California, southern portion of the U.S. state of California. As of the 2020 United States Census, 2020 census, the population was 2,418,185, making it the fourth-most populous county in California and the List of the most populous counties in the United States, 10th-most populous in the United States. The name was derived from the city of Riverside, California, Riverside, which is the county seat. Riverside County is included in the Riverside-San Bernardino, California, San Bernardino-Ontario, California, Ontario Metropolitan Statistical Area, also known as the Inland Empire. The county is also included in the Los Angeles-Long Beach, California, Long Beach Greater Los Angeles Area, Combined Statistical Area. Roughly rectangular, Riverside County covers in Southern California, spanning from the greater Los Angeles area to the Arizona border. Geographically, the county is mostly desert in the central a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of Credit (finance), credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016. Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (usually a bank or credit union) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards. Most cards are plastic, but some are metal cards (stainless steel, gold, palladium, titanium), and a few gemstone-encrusted metal cards. A regular credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit car ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riverside, California
Riverside is a city in and the county seat of Riverside County, California, United States, in the Inland Empire metropolitan area. It is named for its location beside the Santa Ana River. It is the most populous city in the Inland Empire and in Riverside County, and is about southeast of downtown Los Angeles. It is also part of the Greater Los Angeles area. Riverside is the 61st-most-populous city in the United States and 12th-most-populous city in California. As of the 2020 census, it had a population of 314,998. Along with San Bernardino, Riverside is a principal city in the nation's 13th-largest Metropolitan Statistical Area (MSA); the Riverside-San Bernardino-Ontario MSA (pop. 4,599,839) ranks in population just below San Francisco (4,749,008) and above Detroit (4,392,041). Riverside was founded in the early 1870s. It is the birthplace of the California citrus industry and home of the Mission Inn, the nation's largest Mission Revival Style building. It is also home ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgages
A mortgage loan or simply mortgage (), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is " secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or " repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loan
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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