Motorola Emp. Credit Union

About Motorola Emp. Credit Union

Motorola Emp. Credit Union Location

1205 E. Algonquin Road
Schaumburg, IL 60196

Phone: (847) 576-5199
Website: www.mecunet.org
Routing/Transit Number: Not Available

Motorola Emp. Credit Union Information

Motorola Emp. Credit Union of Schaumburg, 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 39808 members and assets of $650,237,062, as compared to the national average of $93 million dollars of assets per credit union. Motorola Emp. Credit Union, first opened in 1939 and has been in operation since then. Additionally, Motorola Emp. Credit Union has 90 full time employees and 5 part time employees, or 419.031578947 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 Motorola Emp. 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. Motorola Emp. Credit Union is a not-for-profit, cooperative, tax-exempt organization.