Redford Municipal Empl. Credit Union

About Redford Municipal Empl. Credit Union

Redford Municipal Empl. Credit Union Location

12200 Beech Daly Rd
Redford, MI 48239

Phone: (313) 387-2691
Website:
Routing/Transit Number: Not Available

Redford Municipal Empl. Credit Union Information

Redford Municipal Empl. Credit Union of Redford, 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 419 members and assets of $1,979,650, as compared to the national average of $93 million dollars of assets per credit union. Redford Municipal Empl. Credit Union, first opened in 1964 and has been in operation since then. Additionally, Redford Municipal Empl. Credit Union has 0 full time employees and 2 part time employees, or 209.5 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 Redford Municipal Empl. 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. Redford Municipal Empl. Credit Union is a not-for-profit, cooperative, tax-exempt organization.