Ocean Communities Credit Union

About Ocean Communities Credit Union

Ocean Communities Credit Union Location

Po Box 1961
Biddeford, ME 04005

Phone: (207) 284-5918
Website: www.oceancommunities.com
Routing/Transit Number: Not Available

Ocean Communities Credit Union Information

Ocean Communities Credit Union of Biddeford, 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 11552 members and assets of $132,614,388, as compared to the national average of $93 million dollars of assets per credit union. Ocean Communities Credit Union, first opened in 1948 and has been in operation since then. Additionally, Ocean Communities Credit Union has 48 full time employees and 4 part time employees, or 222.153846154 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 Ocean Communities 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. Ocean Communities Credit Union is a not-for-profit, cooperative, tax-exempt organization.