Graco Credit Union
About Graco Credit Union
Graco Credit Union Location
305 W Downie St
Alma, MI 48801
Phone: (989) 463-1247
Website: www.gracofcu.org
Routing/Transit Number: Not Available
Graco Credit Union Information
Graco Credit Union of Alma, MI 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 3498 members and assets of $9,925,475, as compared to the national average of $93 million dollars of assets per credit union. Graco Credit Union, first opened in 1962 and has been in operation since then. Additionally, Graco Credit Union has 5 full time employees and 4 part time employees, or 388.666666667 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 Graco 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. Graco Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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