Central Minnesota Credit Union

About Central Minnesota Credit Union

Central Minnesota Credit Union Location

20 S. 4th Ave. E.
Melrose, MN 56352

Phone: (320) 256-3669
Website: www.centralmnfcu.org
Routing/Transit Number: Not Available

Central Minnesota Credit Union Information

Central Minnesota Credit Union of Melrose, 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 35267 members and assets of $492,124,335, as compared to the national average of $93 million dollars of assets per credit union. Central Minnesota Credit Union, first opened in 1939 and has been in operation since then. Additionally, Central Minnesota Credit Union has 145 full time employees and 27 part time employees, or 205.040697674 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 Central Minnesota 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. Central Minnesota Credit Union is a not-for-profit, cooperative, tax-exempt organization.