Bay Credit Union

About Bay Credit Union

Bay Credit Union Location

601 Highway 231
Panama City, FL 32405

Phone: (850) 785-6103
Website: www.baycu.com
Routing/Transit Number: Not Available

Bay Credit Union Information

Bay Credit Union of Panama City, FL 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 9305 members and assets of $57,962,380, as compared to the national average of $93 million dollars of assets per credit union. Bay Credit Union, first opened in 1952 and has been in operation since then. Additionally, Bay Credit Union has 35 full time employees and 0 part time employees, or 265.857142857 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 Bay 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. Bay Credit Union is a not-for-profit, cooperative, tax-exempt organization.