Menominee Area Credit Union

About Menominee Area Credit Union

Menominee Area Credit Union Location

1011 23rd Avenue
Menominee, MI 49858

Phone: (906) 863-3854
Website:
Routing/Transit Number: Not Available

Menominee Area Credit Union Information

Menominee Area Credit Union of Menominee, MI 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 1692 members and assets of $6,909,179, as compared to the national average of $93 million dollars of assets per credit union. Menominee Area Credit Union, first opened in 1954 and has been in operation since then. Additionally, Menominee Area Credit Union has 3 full time employees and 2 part time employees, or 338.4 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 Menominee Area 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. Menominee Area Credit Union is a not-for-profit, cooperative, tax-exempt organization.