Fedchoice Credit Union

About Fedchoice Credit Union

Fedchoice Credit Union Location

10001 Willowdale Road
Lanham, MD 20706

Phone: (301) 699-6100
Website: www.fedchoice.org
Routing/Transit Number: Not Available

Fedchoice Credit Union Information

Fedchoice Credit Union of Lanham, 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 21996 members and assets of $242,376,011, as compared to the national average of $93 million dollars of assets per credit union. Fedchoice Credit Union, first opened in 1935 and has been in operation since then. Additionally, Fedchoice Credit Union has 86 full time employees and 4 part time employees, or 244.4 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 Fedchoice 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. Fedchoice Credit Union is a not-for-profit, cooperative, tax-exempt organization.