Waltham Municipal Employees Credit Union

About Waltham Municipal Employees Credit Union

Waltham Municipal Employees Credit Union Location

177 Lexington Street
Waltham, MA 02452

Phone: (781) 899-0506
Website:
Routing/Transit Number: Not Available

Waltham Municipal Employees Credit Union Information

Waltham Municipal Employees Credit Union of Waltham, 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 1025 members and assets of $7,474,646, as compared to the national average of $93 million dollars of assets per credit union. Waltham Municipal Employees Credit Union, first opened in 1949 and has been in operation since then. Additionally, Waltham Municipal Employees Credit Union has 0 full time employees and 4 part time employees, or 256.25 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 Waltham 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. Waltham Municipal Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.