Monumental Credit Union

About Monumental Credit Union

Monumental Credit Union Location

729 E Oakwood Blvd
Chicago, IL 60653

Phone: (773) 924-2261
Website:
Routing/Transit Number: Not Available

Monumental Credit Union Information

Monumental Credit Union of Chicago, 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 81 members and assets of $66,176, as compared to the national average of $93 million dollars of assets per credit union. Monumental Credit Union, first opened in 1941 and has been in operation since then. Additionally, Monumental Credit Union has 0 full time employees and 2 part time employees, or 40.5 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 Monumental 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. Monumental Credit Union is a not-for-profit, cooperative, tax-exempt organization.