Able Credit Union

About Able Credit Union

Able Credit Union Location

P.O. Box 5192
Cresaptown, MD 21505

Phone: (301) 729-2498
Website:
Routing/Transit Number: Not Available

Able Credit Union Information

Able Credit Union of Cresaptown, MD 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 1764 members and assets of $7,436,709, as compared to the national average of $93 million dollars of assets per credit union. Able Credit Union, first opened in 1961 and has been in operation since then. Additionally, Able Credit Union has 5 full time employees and 1 part time employees, or 294 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 Able 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. Able Credit Union is a not-for-profit, cooperative, tax-exempt organization.