Proctor Credit Union

About Proctor Credit Union

Proctor Credit Union Location

410 2nd Ave
Proctor, MN 55810

Phone: (218) 624-5761
Website: www.proctorfcu.com
Routing/Transit Number: Not Available

Proctor Credit Union Information

Proctor Credit Union of Proctor, MN 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 4887 members and assets of $21,465,001, as compared to the national average of $93 million dollars of assets per credit union. Proctor Credit Union, first opened in 1970 and has been in operation since then. Additionally, Proctor Credit Union has 7 full time employees and 10 part time employees, or 287.470588235 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 Proctor 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. Proctor Credit Union is a not-for-profit, cooperative, tax-exempt organization.