Brotherhood Credit Union
About Brotherhood Credit Union
Brotherhood Credit Union Location
75 Market Street
Lynn, MA 01901
Phone: (781) 598-5555
Website: www.brotherhoodcreditunion.org
Routing/Transit Number: Not Available
Brotherhood Credit Union Information
Brotherhood Credit Union of Lynn, MA 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 6874 members and assets of $114,407,428, as compared to the national average of $93 million dollars of assets per credit union. Brotherhood Credit Union, first opened in 1934 and has been in operation since then. Additionally, Brotherhood Credit Union has 18 full time employees and 4 part time employees, or 312.454545455 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 Brotherhood 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. Brotherhood Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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