Somerville School Employees Credit Union

About Somerville School Employees Credit Union

Somerville School Employees Credit Union Location

P.O. Box 440053
Somerville, MA 02144-0001

Phone: (617) 625-8411
Website: SSEFCU.ORG
Routing/Transit Number: Not Available

Somerville School Employees Credit Union Information

Somerville School Employees Credit Union of Somerville, 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 1998 members and assets of $24,405,355, as compared to the national average of $93 million dollars of assets per credit union. Somerville School Employees Credit Union, first opened in 1939 and has been in operation since then. Additionally, Somerville School Employees Credit Union has 5 full time employees and 1 part time employees, or 333 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 Somerville 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. Somerville School Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.