Peabody Municipal Credit Union

About Peabody Municipal Credit Union

Peabody Municipal Credit Union Location

12 Chestnut Street
Peabody, MA 01960

Phone: (978) 532-1385
Website: www.peabodycu.com
Routing/Transit Number: Not Available

Peabody Municipal Credit Union Information

Peabody Municipal Credit Union of Peabody, MA 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 2194 members and assets of $17,601,307, as compared to the national average of $93 million dollars of assets per credit union. Peabody Municipal Credit Union, first opened in 1961 and has been in operation since then. Additionally, Peabody Municipal Credit Union has 4 full time employees and 0 part time employees, or 548.5 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 Peabody Municipal 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. Peabody Municipal Credit Union is a not-for-profit, cooperative, tax-exempt organization.