Montauk Credit Union
About Montauk Credit Union
Montauk Credit Union Location
111 West 26th Street
New York, NY 10001
Phone: (212) 989-5200
Website: www.montauk-cu.com
Routing/Transit Number: Not Available
Montauk Credit Union Information
Montauk Credit Union of New York, NY 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 3073 members and assets of $83,450,511, as compared to the national average of $93 million dollars of assets per credit union. Montauk Credit Union, first opened in 1922 and has been in operation since then. Additionally, Montauk Credit Union has 7 full time employees and 0 part time employees, or 439 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 Montauk 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. Montauk Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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