Electric Machinery Employees Credit Union

About Electric Machinery Employees Credit Union

Electric Machinery Employees Credit Union Location

800 Central Ave
Minneapolis, MN 55413

Phone: (612) 378-8100
Website: EMCU.ORG
Routing/Transit Number: Not Available

Electric Machinery Employees Credit Union Information

Electric Machinery Employees 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 1639 members and assets of $9,290,531, as compared to the national average of $93 million dollars of assets per credit union. Electric Machinery Employees Credit Union, first opened in 1946 and has been in operation since then. Additionally, Electric Machinery Employees Credit Union has 2 full time employees and 0 part time employees, or 819.5 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 Electric Machinery Employees 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. Electric Machinery Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.