Massachusetts Postal Employees Credit Union

About Massachusetts Postal Employees Credit Union

Massachusetts Postal Employees Credit Union Location

Po Box 615
Lynn, MA 01903

Phone: (781) 592-6051
Website: www.masspostalcu.com
Routing/Transit Number: Not Available

Massachusetts Postal Employees Credit Union Information

Massachusetts Postal Employees Credit Union of Lynn, MA 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 1340 members and assets of $14,233,670, as compared to the national average of $93 million dollars of assets per credit union. Massachusetts Postal Employees Credit Union, first opened in 1926 and has been in operation since then. Additionally, Massachusetts Postal Employees Credit Union has 3 full time employees and 0 part time employees, or 446.666666667 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 Massachusetts Postal 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. Massachusetts Postal Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.