Vermillion Credit Union

About Vermillion Credit Union

Vermillion Credit Union Location

105 East Cherry Street
Vermillion, SD 57069

Phone: (605) 677-5214
Website: www.vermillionfcu.com
Routing/Transit Number: Not Available

Vermillion Credit Union Information

Vermillion Credit Union of Vermillion, SD 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 1960 members and assets of $8,770,018, as compared to the national average of $93 million dollars of assets per credit union. Vermillion Credit Union, first opened in 1959 and has been in operation since then. Additionally, Vermillion Credit Union has 4 full time employees and 2 part time employees, or 326.666666667 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 Vermillion 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. Vermillion Credit Union is a not-for-profit, cooperative, tax-exempt organization.