Truax Credit Union

About Truax Credit Union

Truax Credit Union Location

2625 Sloan Blvd
Madison, WI 53704-2563

Phone: (608) 244-7704
Website:
Routing/Transit Number: Not Available

Truax Credit Union Information

Truax Credit Union of Madison, WI 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 574 members and assets of $5,226,544, as compared to the national average of $93 million dollars of assets per credit union. Truax Credit Union, first opened in 1956 and has been in operation since then. Additionally, Truax Credit Union has 2 full time employees and 0 part time employees, or 287 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 Truax 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. Truax Credit Union is a not-for-profit, cooperative, tax-exempt organization.