Woburn Municipal Credit Union

About Woburn Municipal Credit Union

Woburn Municipal Credit Union Location

8 Cedar Street
Woburn, MA 01801

Phone: (781) 933-2600
Website: www.woburnmunicipalfcu.org
Routing/Transit Number: Not Available

Woburn Municipal Credit Union Information

Woburn Municipal Credit Union of Woburn, 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 3542 members and assets of $33,797,319, as compared to the national average of $93 million dollars of assets per credit union. Woburn Municipal Credit Union, first opened in 1966 and has been in operation since then. Additionally, Woburn Municipal Credit Union has 6 full time employees and 3 part time employees, or 393.555555556 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 Woburn Municipal 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. Woburn Municipal Credit Union is a not-for-profit, cooperative, tax-exempt organization.