Northern States Montevideo Employee Credit Union

About Northern States Montevideo Employee Credit Union

Northern States Montevideo Employee Credit Union Location

1505 E. Hwy 7
Montevideo, MN 56265

Phone: (320) 269-9475
Website:
Routing/Transit Number: Not Available

Northern States Montevideo Employee Credit Union Information

Northern States Montevideo Employee Credit Union of Montevideo, 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 254 members and assets of $1,860,211, as compared to the national average of $93 million dollars of assets per credit union. Northern States Montevideo Employee Credit Union, first opened in 1933 and has been in operation since then. Additionally, Northern States Montevideo Employee Credit Union has 0 full time employees and 1 part time employees, or 254 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 Northern States Montevideo Employee 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. Northern States Montevideo Employee Credit Union is a not-for-profit, cooperative, tax-exempt organization.