Railway Employees Credit Union

About Railway Employees Credit Union

Railway Employees Credit Union Location

P O Box 3776
Muscle Shoals, AL 35662

Phone: (256) 383-7940
Website: www.railwaycreditunion.com
Routing/Transit Number: Not Available

Railway Employees Credit Union Information

Railway Employees Credit Union of Muscle Shoals, AL 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 1785 members and assets of $15,268,615, as compared to the national average of $93 million dollars of assets per credit union. Railway Employees Credit Union, first opened in 1935 and has been in operation since then. Additionally, Railway Employees Credit Union has 4 full time employees and 0 part time employees, or 446.25 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 Railway 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. Railway Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.