Transit Operations Credit Union

About Transit Operations Credit Union

Transit Operations Credit Union Location

725 N 7th St
Minneapolis, MN 55411

Phone: (612) 338-9985
Website: www.tofcu.org
Routing/Transit Number: Not Available

Transit Operations Credit Union Information

Transit Operations Credit Union of Minneapolis, MN 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 1160 members and assets of $3,946,456, as compared to the national average of $93 million dollars of assets per credit union. Transit Operations Credit Union, first opened in 1936 and has been in operation since then. Additionally, Transit Operations Credit Union has 2 full time employees and 0 part time employees, or 580 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 Transit Operations 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. Transit Operations Credit Union is a not-for-profit, cooperative, tax-exempt organization.