Melrose Credit Union

About Melrose Credit Union

Melrose Credit Union Location

139-30 Queens Blvd
Briarwood, NY 11435

Phone: (718) 658-9800
Website: www.melrosecu.org
Routing/Transit Number: Not Available

Melrose Credit Union Information

Melrose Credit Union of Briarwood, 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 19345 members and assets of $969,105,021, as compared to the national average of $93 million dollars of assets per credit union. Melrose Credit Union, first opened in 1922 and has been in operation since then. Additionally, Melrose Credit Union has 55 full time employees and 0 part time employees, or 351.727272727 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 Melrose 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. Melrose Credit Union is a not-for-profit, cooperative, tax-exempt organization.