Olean Area Credit Union

About Olean Area Credit Union

Olean Area Credit Union Location

1201 Wayne St
Olean, NY 14760

Phone: (716) 372-6607
Website: www.oleanareafcu.org
Routing/Transit Number: Not Available

Olean Area Credit Union Information

Olean Area Credit Union of Olean, NY 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 18541 members and assets of $148,450,636, as compared to the national average of $93 million dollars of assets per credit union. Olean Area Credit Union, first opened in 1972 and has been in operation since then. Additionally, Olean Area Credit Union has 41 full time employees and 5 part time employees, or 403.065217391 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 Olean Area 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. Olean Area Credit Union is a not-for-profit, cooperative, tax-exempt organization.