Monroe Telco Credit Union

About Monroe Telco Credit Union

Monroe Telco Credit Union Location

P. O. Box 4867
Monroe, LA 71211

Phone: (318) 397-4243
Website: WWW.MONROETELCOFCU.ORG
Routing/Transit Number: Not Available

Monroe Telco Credit Union Information

Monroe Telco Credit Union of Monroe, LA 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 6095 members and assets of $29,888,761, as compared to the national average of $93 million dollars of assets per credit union. Monroe Telco Credit Union, first opened in 1936 and has been in operation since then. Additionally, Monroe Telco Credit Union has 16 full time employees and 0 part time employees, or 380.9375 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 Monroe Telco 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. Monroe Telco Credit Union is a not-for-profit, cooperative, tax-exempt organization.