Lauderdale County Teachers Credit Union

About Lauderdale County Teachers Credit Union

Lauderdale County Teachers Credit Union Location

103 Mangum St.
Florence, AL 35630

Phone: (256) 766-2936
Website: www.lctcu.org
Routing/Transit Number: Not Available

Lauderdale County Teachers Credit Union Information

Lauderdale County Teachers Credit Union of Florence, 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 2735 members and assets of $29,629,995, as compared to the national average of $93 million dollars of assets per credit union. Lauderdale County Teachers Credit Union, first opened in 1956 and has been in operation since then. Additionally, Lauderdale County Teachers Credit Union has 6 full time employees and 0 part time employees, or 455.833333333 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 Lauderdale County Teachers 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. Lauderdale County Teachers Credit Union is a not-for-profit, cooperative, tax-exempt organization.