Trades & Labor Credit Union

About Trades & Labor Credit Union

Trades & Labor Credit Union Location

610 So Broadway Ave
Albert Lea, MN 56007

Phone: (507) 377-1863
Website: www.tradesandlabor.com
Routing/Transit Number: Not Available

Trades & Labor Credit Union Information

Trades & Labor Credit Union of Albert Lea, 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 2132 members and assets of $7,508,347, as compared to the national average of $93 million dollars of assets per credit union. Trades & Labor Credit Union, first opened in 1958 and has been in operation since then. Additionally, Trades & Labor Credit Union has 5 full time employees and 0 part time employees, or 426.4 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 Trades & Labor 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. Trades & Labor Credit Union is a not-for-profit, cooperative, tax-exempt organization.