Area Educational Credit Union

About Area Educational Credit Union

Area Educational Credit Union Location

812 Charleston Ave
Mattoon, IL 61938

Phone: (217) 234-7817
Website: www.aecu.coop
Routing/Transit Number: Not Available

Area Educational Credit Union Information

Area Educational Credit Union of Mattoon, IL 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 3055 members and assets of $20,065,022, as compared to the national average of $93 million dollars of assets per credit union. Area Educational Credit Union, first opened in 1960 and has been in operation since then. Additionally, Area Educational Credit Union has 2 full time employees and 4 part time employees, or 509.166666667 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 Area Educational 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. Area Educational Credit Union is a not-for-profit, cooperative, tax-exempt organization.