Champaign Municipal Employees Credit Union

About Champaign Municipal Employees Credit Union

Champaign Municipal Employees Credit Union Location

510 W. Park Ave., Suite F
Champaign, IL 61820

Phone: (217) 359-7025
Website: www.cmecu.info
Routing/Transit Number: Not Available

Champaign Municipal Employees Credit Union Information

Champaign Municipal Employees Credit Union of Champaign, 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 1161 members and assets of $5,278,524, as compared to the national average of $93 million dollars of assets per credit union. Champaign Municipal Employees Credit Union, first opened in 1946 and has been in operation since then. Additionally, Champaign Municipal Employees Credit Union has 3 full time employees and 0 part time employees, or 387 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 Champaign 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. Champaign Municipal Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.