Raleigh Federal Employees Credit Union

About Raleigh Federal Employees Credit Union

Raleigh Federal Employees Credit Union Location

P O Box 25849
Raleigh, NC 27611

Phone: (919) 941-5700
Website:
Routing/Transit Number: Not Available

Raleigh Federal Employees Credit Union Information

Raleigh Federal Employees Credit Union of Raleigh, NC 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 871 members and assets of $3,024,803, as compared to the national average of $93 million dollars of assets per credit union. Raleigh Federal Employees Credit Union, first opened in 1968 and has been in operation since then. Additionally, Raleigh Federal Employees Credit Union has 1 full time employees and 0 part time employees, or 871 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 Raleigh Federal 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. Raleigh Federal Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.