Lake State Credit Union

About Lake State Credit Union

Lake State Credit Union Location

Po Box 330
Moose Lake, MN 55767

Phone: (218) 485-4444
Website: LAKESTATEFCU.ORG
Routing/Transit Number: Not Available

Lake State Credit Union Information

Lake State Credit Union of Moose Lake, 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 17384 members and assets of $179,749,871, as compared to the national average of $93 million dollars of assets per credit union. Lake State Credit Union, first opened in 1939 and has been in operation since then. Additionally, Lake State Credit Union has 81 full time employees and 9 part time employees, or 193.155555556 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 Lake State 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. Lake State Credit Union is a not-for-profit, cooperative, tax-exempt organization.