Saugus Credit Union

About Saugus Credit Union

Saugus Credit Union Location

509 Main Street
Saugus, MA 01906

Phone: (781) 233-0010
Website: WWW.SAUGUSFCU.COM
Routing/Transit Number: Not Available

Saugus Credit Union Information

Saugus Credit Union of Saugus, 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 8755 members and assets of $63,150,316, as compared to the national average of $93 million dollars of assets per credit union. Saugus Credit Union, first opened in 1938 and has been in operation since then. Additionally, Saugus Credit Union has 27 full time employees and 8 part time employees, or 250.142857143 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 Saugus 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. Saugus Credit Union is a not-for-profit, cooperative, tax-exempt organization.