Soo Co-Op Credit Union

About Soo Co-Op Credit Union

Soo Co-Op Credit Union Location

536 Bingham Avenue
Sault Ste Marie, MI 49783

Phone: (906) 632-5332
Website: www.soocoop.com
Routing/Transit Number: Not Available

Soo Co-Op Credit Union Information

Soo Co-Op Credit Union of Sault Ste Marie, 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 21169 members and assets of $97,994,144, as compared to the national average of $93 million dollars of assets per credit union. Soo Co-Op Credit Union, first opened in 1958 and has been in operation since then. Additionally, Soo Co-Op Credit Union has 53 full time employees and 19 part time employees, or 294.013888889 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 Soo Co-Op 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. Soo Co-Op Credit Union is a not-for-profit, cooperative, tax-exempt organization.