Cambridge Portuguese Credit Union

About Cambridge Portuguese Credit Union

Cambridge Portuguese Credit Union Location

493 Somerville Ave.
Somerville, MA 02143

Phone: (617) 547-3144
Website: www.cpcu.org
Routing/Transit Number: Not Available

Cambridge Portuguese Credit Union Information

Cambridge Portuguese Credit Union of Somerville, 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 11425 members and assets of $80,116,033, as compared to the national average of $93 million dollars of assets per credit union. Cambridge Portuguese Credit Union, first opened in 1928 and has been in operation since then. Additionally, Cambridge Portuguese Credit Union has 23 full time employees and 14 part time employees, or 308.783783784 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 Cambridge Portuguese 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. Cambridge Portuguese Credit Union is a not-for-profit, cooperative, tax-exempt organization.