Somerset Credit Union

About Somerset Credit Union

Somerset Credit Union Location

740 County Street
Somerset, MA 02726

Phone: (508) 678-2851
Website: www.somersetfcu.com
Routing/Transit Number: Not Available

Somerset Credit Union Information

Somerset Credit Union of Somerset, 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 13650 members and assets of $123,962,045, as compared to the national average of $93 million dollars of assets per credit union. Somerset Credit Union, first opened in 1936 and has been in operation since then. Additionally, Somerset Credit Union has 32 full time employees and 6 part time employees, or 359.210526316 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 Somerset 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. Somerset Credit Union is a not-for-profit, cooperative, tax-exempt organization.