Malden City Employees Credit Union

About Malden City Employees Credit Union

Malden City Employees Credit Union Location

200 Pleasant St
Malden, MA 02148

Phone: (781) 321-3480
Website:
Routing/Transit Number: Not Available

Malden City Employees Credit Union Information

Malden City Employees Credit Union of Malden, 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 2184 members and assets of $10,476,717, as compared to the national average of $93 million dollars of assets per credit union. Malden City Employees Credit Union, first opened in 1943 and has been in operation since then. Additionally, Malden City Employees Credit Union has 3 full time employees and 1 part time employees, or 546 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 Malden City 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. Malden City Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.