Rockford Municipal Employes Credit Union

About Rockford Municipal Employes Credit Union

Rockford Municipal Employes Credit Union Location

425 E State St
Rockford, IL 61104

Phone: (815) 987-5526
Website: www.rmecu.net
Routing/Transit Number: Not Available

Rockford Municipal Employes Credit Union Information

Rockford Municipal Employes Credit Union of Rockford, 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 2856 members and assets of $11,913,517, as compared to the national average of $93 million dollars of assets per credit union. Rockford Municipal Employes Credit Union, first opened in 1942 and has been in operation since then. Additionally, Rockford Municipal Employes Credit Union has 6 full time employees and 1 part time employees, or 408 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 Rockford Municipal Employes 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. Rockford Municipal Employes Credit Union is a not-for-profit, cooperative, tax-exempt organization.