Salem School System Credit Union

About Salem School System Credit Union

Salem School System Credit Union Location

P.O. Box 456
Salem, IL 62881

Phone: (618) 548-1009
Website:
Routing/Transit Number: Not Available

Salem School System Credit Union Information

Salem School System Credit Union of Salem, 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 536 members and assets of $1,936,759, as compared to the national average of $93 million dollars of assets per credit union. Salem School System Credit Union, first opened in 1956 and has been in operation since then. Additionally, Salem School System Credit Union has 1 full time employees and 0 part time employees, or 536 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 Salem School System 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. Salem School System Credit Union is a not-for-profit, cooperative, tax-exempt organization.