Milford Memorial Credit Union

About Milford Memorial Credit Union

Milford Memorial Credit Union Location

P O Box 128
Milford, DE 19963

Phone: (302) 430-5592
Website:
Routing/Transit Number: Not Available

Milford Memorial Credit Union Information

Milford Memorial Credit Union of Milford, DE 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 1026 members and assets of $2,775,696, as compared to the national average of $93 million dollars of assets per credit union. Milford Memorial Credit Union, first opened in 1969 and has been in operation since then. Additionally, Milford Memorial Credit Union has 1 full time employees and 1 part time employees, or 513 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 Milford Memorial 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. Milford Memorial Credit Union is a not-for-profit, cooperative, tax-exempt organization.