Toro Employees Credit Union

About Toro Employees Credit Union

Toro Employees Credit Union Location

8111 Lyndale Avenue South
Bloomington, MN 55420

Phone: (952) 887-8041
Website: www.torofcu.org
Routing/Transit Number: Not Available

Toro Employees Credit Union Information

Toro Employees Credit Union of Bloomington, MN 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 3309 members and assets of $22,421,082, as compared to the national average of $93 million dollars of assets per credit union. Toro Employees Credit Union, first opened in 1974 and has been in operation since then. Additionally, Toro Employees Credit Union has 7 full time employees and 0 part time employees, or 472.714285714 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 Toro Employees 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. Toro Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.