Lawrence Postal Employees Credit Union

About Lawrence Postal Employees Credit Union

Lawrence Postal Employees Credit Union Location

P.O.Box 272
Lawrence, MA 01842-0472

Phone: (978) 685-2274
Website:
Routing/Transit Number: Not Available

Lawrence Postal Employees Credit Union Information

Lawrence Postal Employees Credit Union of Lawrence, 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 144 members and assets of $527,639, as compared to the national average of $93 million dollars of assets per credit union. Lawrence Postal Employees Credit Union, first opened in 1929 and has been in operation since then. Additionally, Lawrence Postal Employees Credit Union has 0 full time employees and 3 part time employees, or 48 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 Lawrence 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. Lawrence Postal Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.