Cabot Employees Credit Union

About Cabot Employees Credit Union

Cabot Employees Credit Union Location

Po Box 598
Franklin, LA 70538

Phone: (337) 836-2219
Website:
Routing/Transit Number: Not Available

Cabot Employees Credit Union Information

Cabot Employees Credit Union of Franklin, LA 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 171 members and assets of $2,438,274, as compared to the national average of $93 million dollars of assets per credit union. Cabot Employees Credit Union, first opened in 1956 and has been in operation since then. Additionally, Cabot Employees Credit Union has 1 full time employees and 0 part time employees, or 171 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 Cabot 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. Cabot Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.