Credit Union ‘Western’ - Financial help!
Credit Union ‘Western’ is a non-profit organization founded by natural persons based on cooperative principles for the purpose of meeting loan needs of its participants in mutual crediting.
Goal and tasks
Our goal is to save and increase savings of the union members, improve well being of Bukovyna people by financing their purchases, paying education fees, improving housing conditions, starting and running small businesses.
We see our task as professional efficient management of funds trusted to us in the interests of both lenders and borrowers.
Principles of our activity:
Legal status (under Ukraine’s law)
The credit union is a legal entity, has independent balance, bank accounts which are opened by the company in banks deemed appropriate and used pursuant to law; the company also has a seal, stamp, letterheads, symbols.
In order to achieve the goals set the union does the following:
Credit Union ‘Western’ accepts money in national currency from individuals as share contributions from union members.
Investment of funds with Credit Union ‘Western’ shall prove:
· reliability: the union management are experts in banking, law and education;
· appealing interest rates;
· free debiting and crediting of share contributions, which make its conditions equal to a line of deposit offered by banks;
· interests are accrued on a quarterly basis that increase the annual rate
Profitability of share contributions is estimated at 24% annual.
Credit Union ‘Western’ offers cash loans for different purposes on advantageous terms.
Currently, the credit union offers loans for the following purposes:
Terms and conditions of loans:
Market value of the property pledged must be 50% over the loan amount. Number of guarantors depends on loan amount, incomes and family of the borrower.
You are welcome to contact us if you have any questions regarding types, terms and conditions of loans.
Main str., 89, room 101, Chernivtsi, Ukraine 58000
tel.: +(38050) 376 06 06
fax.: +(380372) 55 36 27