Federal Life Employees Credit Union

About Federal Life Employees Credit Union

Federal Life Employees Credit Union Location

3750 West Deerfield Road
Riverwoods, IL 60015

Phone: (847) 520-1900
Website:
Routing/Transit Number: Not Available

Federal Life Employees Credit Union Information

Federal Life Employees Credit Union of Riverwoods, 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 187 members and assets of $948,814, as compared to the national average of $93 million dollars of assets per credit union. Federal Life Employees Credit Union, first opened in 1957 and has been in operation since then. Additionally, Federal Life Employees Credit Union has 0 full time employees and 0 part time employees, or UNKNOWN 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 Life 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 Life Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.