Settlers Credit Union

About Settlers Credit Union

Settlers Credit Union Location

Po Box 260
Bruce Crossing, MI 49912

Phone: (906) 827-3240
Website:
Routing/Transit Number: Not Available


Settlers Credit Union Information

Settlers Credit Union of Bruce Crossing, MI 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 2743 members and assets of $11,685,533, as compared to the national average of $93 million dollars of assets per credit union. Settlers Credit Union, first opened in 1932 and has been in operation since then. Additionally, Settlers Credit Union has 6 full time employees and 3 part time employees, or 304.777777778 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 Settlers 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. Settlers Credit Union is a not-for-profit, cooperative, tax-exempt organization.