Midland Teachers Credit Union

About Midland Teachers Credit Union

Midland Teachers Credit Union Location

P O Box 4307
Midland, TX 79704

Phone: (432) 688-7300
Website: www.mtcu.org
Routing/Transit Number: Not Available

Midland Teachers Credit Union Information

Midland Teachers Credit Union of Midland, TX 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 7755 members and assets of $59,902,114, as compared to the national average of $93 million dollars of assets per credit union. Midland Teachers Credit Union, first opened in 1955 and has been in operation since then. Additionally, Midland Teachers Credit Union has 28 full time employees and 1 part time employees, or 267.413793103 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 Midland Teachers 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. Midland Teachers Credit Union is a not-for-profit, cooperative, tax-exempt organization.