Local 1233 Credit Union

About Local 1233 Credit Union

Local 1233 Credit Union Location

P.O. Box 8008
Newark, NJ 07108

Phone: (973) 824-7246
Website:
Routing/Transit Number: Not Available

Local 1233 Credit Union Information

Local 1233 Credit Union of Newark, NJ 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 613 members and assets of $6,648,443, as compared to the national average of $93 million dollars of assets per credit union. Local 1233 Credit Union, first opened in 1971 and has been in operation since then. Additionally, Local 1233 Credit Union has 2 full time employees and 0 part time employees, or 306.5 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 Local 1233 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. Local 1233 Credit Union is a not-for-profit, cooperative, tax-exempt organization.