Madco Postal Credit Union

About Madco Postal Credit Union

Madco Postal Credit Union Location

417 Georgia St
Bethalto, IL 62010

Phone: (618) 377-8204
Website:
Routing/Transit Number: Not Available


Madco Postal Credit Union Information

Madco Postal Credit Union of Bethalto, IL 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 210 members and assets of $570,278, as compared to the national average of $93 million dollars of assets per credit union. Madco Postal Credit Union, first opened in 1959 and has been in operation since then. Additionally, Madco Postal Credit Union has 0 full time employees and 1 part time employees, or 210 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 Madco Postal 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. Madco Postal Credit Union is a not-for-profit, cooperative, tax-exempt organization.