Lamar Credit Union

About Lamar Credit Union

Lamar Credit Union Location

2446 Lamar Ave
Paris, TX 75460

Phone: (903) 785-6634
Website:
Routing/Transit Number: Not Available

Lamar Credit Union Information

Lamar Credit Union of Paris, TX 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 474 members and assets of $932,262, as compared to the national average of $93 million dollars of assets per credit union. Lamar Credit Union, first opened in 1952 and has been in operation since then. Additionally, Lamar Credit Union has 1 full time employees and 1 part time employees, or 237 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 Lamar 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. Lamar Credit Union is a not-for-profit, cooperative, tax-exempt organization.