Michoud Credit Union

About Michoud Credit Union

Michoud Credit Union Location

Po Box 29304
New Orleans, LA 70189

Phone: (504) 257-4205
Website: www.michoudcu.com
Routing/Transit Number: Not Available

Michoud Credit Union Information

Michoud Credit Union of New Orleans, LA 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 1809 members and assets of $7,843,434, as compared to the national average of $93 million dollars of assets per credit union. Michoud Credit Union, first opened in 1980 and has been in operation since then. Additionally, Michoud Credit Union has 3 full time employees and 0 part time employees, or 603 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 Michoud 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. Michoud Credit Union is a not-for-profit, cooperative, tax-exempt organization.