Norstate Credit Union

About Norstate Credit Union

Norstate Credit Union Location

78 Fox St
Madawaska , ME 04756

Phone: (207) 728-7555
Website: www.norstatefcu.org
Routing/Transit Number: Not Available

Norstate Credit Union Information

Norstate Credit Union of Madawaska , ME 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 12193 members and assets of $124,623,441, as compared to the national average of $93 million dollars of assets per credit union. Norstate Credit Union, first opened in 1941 and has been in operation since then. Additionally, Norstate Credit Union has 48 full time employees and 5 part time employees, or 230.056603774 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 Norstate 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. Norstate Credit Union is a not-for-profit, cooperative, tax-exempt organization.