Forrest-Petal Educational Credit Union

About Forrest-Petal Educational Credit Union

Forrest-Petal Educational Credit Union Location

400 Forrest Street
Hattiesburg, MS 39401

Phone: (601) 545-6068
Website:
Routing/Transit Number: Not Available


Forrest-Petal Educational Credit Union Information

Forrest-Petal Educational Credit Union of Hattiesburg, MS 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 862 members and assets of $1,017,620, as compared to the national average of $93 million dollars of assets per credit union. Forrest-Petal Educational Credit Union, first opened in 1964 and has been in operation since then. Additionally, Forrest-Petal Educational Credit Union has 1 full time employees and 1 part time employees, or 431 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 Forrest-Petal Educational 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. Forrest-Petal Educational Credit Union is a not-for-profit, cooperative, tax-exempt organization.