Clements Credit Union

About Clements Credit Union

Clements Credit Union Location

Po Box 17
Clements, MN 56224

Phone: (507) 692-2264
Website:
Routing/Transit Number: Not Available

Clements Credit Union Information

Clements Credit Union of Clements, MN 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 330 members and assets of $413,987, as compared to the national average of $93 million dollars of assets per credit union. Clements Credit Union, first opened in 1960 and has been in operation since then. Additionally, Clements Credit Union has 1 full time employees and 1 part time employees, or 165 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 Clements 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. Clements Credit Union is a not-for-profit, cooperative, tax-exempt organization.