Local 194-6 Credit Union

About Local 194-6 Credit Union

Local 194-6 Credit Union Location

50 Highway # 9
Morganville, NJ 07751

Phone: (732) 254-8445
Website: www.local194-6fcu.com
Routing/Transit Number: Not Available

Local 194-6 Credit Union Information

Local 194-6 Credit Union of Morganville, 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 1224 members and assets of $4,034,761, as compared to the national average of $93 million dollars of assets per credit union. Local 194-6 Credit Union, first opened in 1973 and has been in operation since then. Additionally, Local 194-6 Credit Union has 2 full time employees and 1 part time employees, or 408 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 194-6 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 194-6 Credit Union is a not-for-profit, cooperative, tax-exempt organization.