Mhi Independence Employees Credit Union

About Mhi Independence Employees Credit Union

Mhi Independence Employees Credit Union Location

2277 Iowa Avenue
Independence, IA 50644

Phone: (319) 334-5297
Website:
Routing/Transit Number: Not Available

Mhi Independence Employees Credit Union Information

Mhi Independence Employees Credit Union of Independence, IA 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 525 members and assets of $1,625,280, as compared to the national average of $93 million dollars of assets per credit union. Mhi Independence Employees Credit Union, first opened in 1972 and has been in operation since then. Additionally, Mhi Independence Employees Credit Union has 0 full time employees and 3 part time employees, or 175 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 Mhi Independence 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. Mhi Independence Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.