Ufcw Local 342 Credit Union

About Ufcw Local 342 Credit Union

Ufcw Local 342 Credit Union Location

166 E. Jericho Tpke
Mineola, NY 11501

Phone: (516) 747-5967
Website:
Routing/Transit Number: Not Available

Ufcw Local 342 Credit Union Information

Ufcw Local 342 Credit Union of Mineola, NY 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 2583 members and assets of $5,704,938, as compared to the national average of $93 million dollars of assets per credit union. Ufcw Local 342 Credit Union, first opened in 1961 and has been in operation since then. Additionally, Ufcw Local 342 Credit Union has 3 full time employees and 0 part time employees, or 861 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 Ufcw Local 342 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. Ufcw Local 342 Credit Union is a not-for-profit, cooperative, tax-exempt organization.