Racine Municipal Employees Credit Union

About Racine Municipal Employees Credit Union

Racine Municipal Employees Credit Union Location

P.O. Box 081194
Racine, WI 53408-1194

Phone: (262) 637-7274
Website: www.rmecu.org
Routing/Transit Number: Not Available

Racine Municipal Employees Credit Union Information

Racine Municipal Employees Credit Union of Racine, 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 2134 members and assets of $10,774,292, as compared to the national average of $93 million dollars of assets per credit union. Racine Municipal Employees Credit Union, first opened in 1953 and has been in operation since then. Additionally, Racine Municipal Employees Credit Union has 5 full time employees and 2 part time employees, or 304.857142857 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 Racine Municipal Employees 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. Racine Municipal Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.