Lomto Credit Union

About Lomto Credit Union

Lomto Credit Union Location

577 9th Avenue
New York, NY 10036

Phone: (212) 947-3380
Website: WWW.LOMTO.ORG
Routing/Transit Number: Not Available

Lomto Credit Union Information

Lomto Credit Union of New York, NY 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 2548 members and assets of $125,152,656, as compared to the national average of $93 million dollars of assets per credit union. Lomto Credit Union, first opened in 1936 and has been in operation since then. Additionally, Lomto Credit Union has 20 full time employees and 0 part time employees, or 127.4 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 Lomto 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. Lomto Credit Union is a not-for-profit, cooperative, tax-exempt organization.