Stoneham Municipal Employees Credit Union

About Stoneham Municipal Employees Credit Union

Stoneham Municipal Employees Credit Union Location

40 Pine Street
Stoneham, MA 02180

Phone: (781) 438-3959
Website: WWW.SMEFCU.ORG
Routing/Transit Number: Not Available

Stoneham Municipal Employees Credit Union Information

Stoneham Municipal Employees Credit Union of Stoneham, 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 3260 members and assets of $21,469,045, as compared to the national average of $93 million dollars of assets per credit union. Stoneham Municipal Employees Credit Union, first opened in 1963 and has been in operation since then. Additionally, Stoneham Municipal Employees Credit Union has 7 full time employees and 2 part time employees, or 362.222222222 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 Stoneham 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. Stoneham Municipal Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.