New Horizon Credit Union

About New Horizon Credit Union

New Horizon Credit Union Location

1019 E Fairchild St
Danville, IL 61832

Phone: (217) 431-4204
Website: WWW.NEWHCU.COM
Routing/Transit Number: Not Available

New Horizon Credit Union Information

New Horizon Credit Union of Danville, IL 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 2130 members and assets of $9,561,786, as compared to the national average of $93 million dollars of assets per credit union. New Horizon Credit Union, first opened in 1946 and has been in operation since then. Additionally, New Horizon Credit Union has 4 full time employees and 3 part time employees, or 304.285714286 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 New Horizon 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. New Horizon Credit Union is a not-for-profit, cooperative, tax-exempt organization.