Teamsters Local #238 Credit Union

About Teamsters Local #238 Credit Union

Teamsters Local #238 Credit Union Location

5050 J St Sw
Cedar Rapids, IA 52404

Phone: (319) 363-8247
Website:
Routing/Transit Number: Not Available

Teamsters Local #238 Credit Union Information

Teamsters Local #238 Credit Union of Cedar Rapids, 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 2445 members and assets of $6,848,681, as compared to the national average of $93 million dollars of assets per credit union. Teamsters Local #238 Credit Union, first opened in 1955 and has been in operation since then. Additionally, Teamsters Local #238 Credit Union has 2 full time employees and 1 part time employees, or 815 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 Teamsters Local #238 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. Teamsters Local #238 Credit Union is a not-for-profit, cooperative, tax-exempt organization.