Florida Rural Electric Credit Union

About Florida Rural Electric Credit Union

Florida Rural Electric Credit Union Location

P.O. Box 1697
Tallahassee, FL 32302

Phone: (850) 877-6168
Website: WWW.FRECU.ORG
Routing/Transit Number: Not Available

Florida Rural Electric Credit Union Information

Florida Rural Electric Credit Union of Tallahassee, FL 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 2474 members and assets of $17,555,193, as compared to the national average of $93 million dollars of assets per credit union. Florida Rural Electric Credit Union, first opened in 1991 and has been in operation since then. Additionally, Florida Rural Electric Credit Union has 4 full time employees and 0 part time employees, or 618.5 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 Florida Rural Electric 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. Florida Rural Electric Credit Union is a not-for-profit, cooperative, tax-exempt organization.