Polam Credit Union

About Polam Credit Union

Polam Credit Union Location

770 Marshall Street
Redwood City, CA 94063

Phone: (650) 367-8940
Website: www.polamfcu.com
Routing/Transit Number: Not Available

Polam Credit Union Information

Polam Credit Union of Redwood City, CA 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 3608 members and assets of $58,712,955, as compared to the national average of $93 million dollars of assets per credit union. Polam Credit Union, first opened in 1973 and has been in operation since then. Additionally, Polam Credit Union has 16 full time employees and 3 part time employees, or 189.894736842 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 Polam 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. Polam Credit Union is a not-for-profit, cooperative, tax-exempt organization.