Medford Municipal Employees Credit Union

About Medford Municipal Employees Credit Union

Medford Municipal Employees Credit Union Location

City Hall, Room 200
Medford, MA 02155

Phone: (781) 393-2459
Website:
Routing/Transit Number: Not Available

Medford Municipal Employees Credit Union Information

Medford Municipal Employees Credit Union of Medford, 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 896 members and assets of $5,389,920, as compared to the national average of $93 million dollars of assets per credit union. Medford Municipal Employees Credit Union, first opened in 1937 and has been in operation since then. Additionally, Medford Municipal Employees Credit Union has 1 full time employees and 2 part time employees, or 298.666666667 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 Medford Municipal 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. Medford Municipal Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.