Vamco Credit Union

About Vamco Credit Union

Vamco Credit Union Location

1001 E. Touhy Avenue
Des Plaines, IL 60018

Phone: (847) 699-1600
Website: VAMCOCU.COM
Routing/Transit Number: Not Available

Vamco Credit Union Information

Vamco Credit Union of Des Plaines, 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 2894 members and assets of $14,962,521, as compared to the national average of $93 million dollars of assets per credit union. Vamco Credit Union, first opened in 1940 and has been in operation since then. Additionally, Vamco Credit Union has 7 full time employees and 1 part time employees, or 361.75 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 Vamco 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. Vamco Credit Union is a not-for-profit, cooperative, tax-exempt organization.