Ferko Md Credit Union

About Ferko Md Credit Union

Ferko Md Credit Union Location

P O Box 1478
Frederick, MD 21702

Phone: (301) 662-7266
Website: WWW.FERKOMFCU.COM
Routing/Transit Number: Not Available

Ferko Md Credit Union Information

Ferko Md Credit Union of Frederick, MD is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 3981 members and assets of $21,089,714, as compared to the national average of $93 million dollars of assets per credit union. Ferko Md Credit Union, first opened in 1955 and has been in operation since then. Additionally, Ferko Md Credit Union has 2 full time employees and 6 part time employees, or 497.625 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Ferko Md Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Ferko Md Credit Union is a not-for-profit, cooperative, tax-exempt organization.