Reading Mass. Town Employees Credit Union

About Reading Mass. Town Employees Credit Union

Reading Mass. Town Employees Credit Union Location

218 Ash St
Reading, MA 01867

Phone: (781) 942-9019
Website: WWW.READINGCREDITUNION.COM
Routing/Transit Number: Not Available

Reading Mass. Town Employees Credit Union Information

Reading Mass. Town Employees Credit Union of Reading, MA 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 892 members and assets of $6,081,868, as compared to the national average of $93 million dollars of assets per credit union. Reading Mass. Town Employees Credit Union, first opened in 1975 and has been in operation since then. Additionally, Reading Mass. Town Employees Credit Union has 1 full time employees and 2 part time employees, or 297.333333333 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 Reading Mass. Town 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. Reading Mass. Town Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.