Murphy Credit Union

About Murphy Credit Union

Murphy Credit Union Location

701-24th Ave Se
Minneapolis, MN 55414

Phone: (612) 623-1250
Website:
Routing/Transit Number: Not Available

Murphy Credit Union Information

Murphy Credit Union of Minneapolis, MN 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 229 members and assets of $705,992, as compared to the national average of $93 million dollars of assets per credit union. Murphy Credit Union, first opened in 1957 and has been in operation since then. Additionally, Murphy Credit Union has 0 full time employees and 2 part time employees, or 114.5 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 Murphy 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. Murphy Credit Union is a not-for-profit, cooperative, tax-exempt organization.