Shaw University Credit Union

About Shaw University Credit Union

Shaw University Credit Union Location

118 East South Street
Raleigh, NC 27601

Phone: (919) 546-8340
Website:
Routing/Transit Number: Not Available

Shaw University Credit Union Information

Shaw University 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 136 members and assets of $824,092, as compared to the national average of $93 million dollars of assets per credit union. Shaw University Credit Union, first opened in 1969 and has been in operation since then. Additionally, Shaw University Credit Union has 0 full time employees and 1 part time employees, or 136 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 Shaw University 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. Shaw University Credit Union is a not-for-profit, cooperative, tax-exempt organization.