Revere Municipal Employees Credit Union

About Revere Municipal Employees Credit Union

Revere Municipal Employees Credit Union Location

281 Broadway - City Hall
Revere, MA 02151

Phone: (781) 286-8116
Website: www.reveremunicipalefcu.org
Routing/Transit Number: Not Available

Revere Municipal Employees Credit Union Information

Revere Municipal Employees Credit Union of Revere, 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 1969 members and assets of $7,340,047, as compared to the national average of $93 million dollars of assets per credit union. Revere Municipal Employees Credit Union, first opened in 1962 and has been in operation since then. Additionally, Revere Municipal Employees Credit Union has 2 full time employees and 2 part time employees, or 492.25 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 Revere Municipal Employees 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. Revere Municipal Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.