Progressive Teachers Credit Union

About Progressive Teachers Credit Union

Progressive Teachers Credit Union Location

603 East M.L. King Blvd
Chattanooga, TN 37403

Phone: (423) 266-5411
Website:
Routing/Transit Number: Not Available

Progressive Teachers Credit Union Information

Progressive Teachers Credit Union of Chattanooga, TN 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 621 members and assets of $1,914,394, as compared to the national average of $93 million dollars of assets per credit union. Progressive Teachers Credit Union, first opened in 1937 and has been in operation since then. Additionally, Progressive Teachers Credit Union has 2 full time employees and 1 part time employees, or 207 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 Progressive Teachers 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. Progressive Teachers Credit Union is a not-for-profit, cooperative, tax-exempt organization.