Progressive Credit Union

About Progressive Credit Union

Progressive Credit Union Location

370 Seventh Avenue, Suite 1400
New York, NY 10001-3900

Phone: (212) 695-8900
Website: www.progressivecu.org
Routing/Transit Number: Not Available


Progressive Credit Union Information

Progressive Credit Union of New York, NY 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 6366 members and assets of $480,861,124, as compared to the national average of $93 million dollars of assets per credit union. Progressive Credit Union, first opened in 1918 and has been in operation since then. Additionally, Progressive Credit Union has 19 full time employees and 0 part time employees, or 335.052631579 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 Progressive 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. Progressive Credit Union is a not-for-profit, cooperative, tax-exempt organization.