Federal Reserve Boston Employees Credit Union

About Federal Reserve Boston Employees Credit Union

Federal Reserve Boston Employees Credit Union Location

600 Atlantic Avenue
Boston, MA 02210

Phone: (617) 973-3760
Website: www.frbefcu.org
Routing/Transit Number: Not Available

Federal Reserve Boston Employees Credit Union Information

Federal Reserve Boston Employees Credit Union of Boston, 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 1484 members and assets of $12,911,630, as compared to the national average of $93 million dollars of assets per credit union. Federal Reserve Boston Employees Credit Union, first opened in 1946 and has been in operation since then. Additionally, Federal Reserve Boston Employees Credit Union has 4 full time employees and 0 part time employees, or 371 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 Federal Reserve Boston 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. Federal Reserve Boston Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.