Paragon Credit Union

About Paragon Credit Union

Paragon Credit Union Location

100 Paragon Drive
Montvale, NJ 07645

Phone: (201) 263-3851
Website: www.paragonfcu.org
Routing/Transit Number: Not Available

Paragon Credit Union Information

Paragon Credit Union of Montvale, NJ 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 55422 members and assets of $408,394,149, as compared to the national average of $93 million dollars of assets per credit union. Paragon Credit Union, first opened in 1936 and has been in operation since then. Additionally, Paragon Credit Union has 124 full time employees and 32 part time employees, or 355.269230769 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 Paragon 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. Paragon Credit Union is a not-for-profit, cooperative, tax-exempt organization.