Newton Teachers Credit Union

About Newton Teachers Credit Union

Newton Teachers Credit Union Location

360 Lowell Avenue
Newtonville, MA 02460

Phone: (617) 559-6267
Website: www.newtonteacherscu.org
Routing/Transit Number: Not Available

Newton Teachers Credit Union Information

Newton Teachers Credit Union of Newtonville, 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 490 members and assets of $2,356,150, as compared to the national average of $93 million dollars of assets per credit union. Newton Teachers Credit Union, first opened in 1937 and has been in operation since then. Additionally, Newton Teachers Credit Union has 0 full time employees and 3 part time employees, or 163.333333333 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 Newton 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. Newton Teachers Credit Union is a not-for-profit, cooperative, tax-exempt organization.