Fairmont School Employees Credit Union

About Fairmont School Employees Credit Union

Fairmont School Employees Credit Union Location

900 Johnson Street
Fairmont, MN 56031

Phone: (507) 235-9797
Website: www.fairmont.k12.mn.us
Routing/Transit Number: Not Available

Fairmont School Employees Credit Union Information

Fairmont School Employees Credit Union of Fairmont, 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 462 members and assets of $1,759,910, as compared to the national average of $93 million dollars of assets per credit union. Fairmont School Employees Credit Union, first opened in 1957 and has been in operation since then. Additionally, Fairmont School Employees Credit Union has 0 full time employees and 3 part time employees, or 154 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 Fairmont School 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. Fairmont School Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.