Maine Education Credit Union

About Maine Education Credit Union

Maine Education Credit Union Location

P.O. Box 1096
Augusta, ME 04332-1096

Phone: (207) 623-3857
Website: www.maine-edcu.org
Routing/Transit Number: Not Available

Maine Education Credit Union Information

Maine Education Credit Union of Augusta, ME 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 4208 members and assets of $23,678,283, as compared to the national average of $93 million dollars of assets per credit union. Maine Education Credit Union, first opened in 1967 and has been in operation since then. Additionally, Maine Education Credit Union has 8 full time employees and 2 part time employees, or 420.8 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 Maine Education 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. Maine Education Credit Union is a not-for-profit, cooperative, tax-exempt organization.