Planters Credit Union

About Planters Credit Union

Planters Credit Union Location

245 Culloden St.
Suffolk, VA 23434

Phone: (757) 925-3100
Website:
Routing/Transit Number: Not Available

Planters Credit Union Information

Planters Credit Union of Suffolk, VA 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 695 members and assets of $3,076,710, as compared to the national average of $93 million dollars of assets per credit union. Planters Credit Union, first opened in 1973 and has been in operation since then. Additionally, Planters Credit Union has 1 full time employees and 0 part time employees, or 695 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 Planters 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. Planters Credit Union is a not-for-profit, cooperative, tax-exempt organization.