Borinquen Credit Union

About Borinquen Credit Union

Borinquen Credit Union Location

629 W Erie Avenue
Philadelphia, PA 19140

Phone: (267) 979-5697
Website:
Routing/Transit Number: Not Available

Borinquen Credit Union Information

Borinquen Credit Union of Philadelphia, PA 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 6864 members and assets of $7,400,577, as compared to the national average of $93 million dollars of assets per credit union. Borinquen Credit Union, first opened in 1973 and has been in operation since then. Additionally, Borinquen Credit Union has 5 full time employees and 0 part time employees, or 1372.8 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 Borinquen 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. Borinquen Credit Union is a not-for-profit, cooperative, tax-exempt organization.