Fedcom Credit Union

About Fedcom Credit Union

Fedcom Credit Union Location

150 Ann St Nw
Grand Rapids, MI 49505

Phone: (616) 364-7283
Website: www.fedcomcu.com
Routing/Transit Number: Not Available

Fedcom Credit Union Information

Fedcom Credit Union of Grand Rapids, MI 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 7880 members and assets of $41,296,467, as compared to the national average of $93 million dollars of assets per credit union. Fedcom Credit Union, first opened in 1925 and has been in operation since then. Additionally, Fedcom Credit Union has 19 full time employees and 2 part time employees, or 375.238095238 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 Fedcom 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. Fedcom Credit Union is a not-for-profit, cooperative, tax-exempt organization.