Olivet Baptist Credit Union

About Olivet Baptist Credit Union

Olivet Baptist Credit Union Location

3084 Southern Avenue
Memphis, TN 38111

Phone: (901) 454-7777
Website:
Routing/Transit Number: Not Available

Olivet Baptist Credit Union Information

Olivet Baptist Credit Union of Memphis, TN 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 1173 members and assets of $290,948, as compared to the national average of $93 million dollars of assets per credit union. Olivet Baptist Credit Union, first opened in 1978 and has been in operation since then. Additionally, Olivet Baptist Credit Union has 0 full time employees and 5 part time employees, or 234.6 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 Olivet Baptist 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. Olivet Baptist Credit Union is a not-for-profit, cooperative, tax-exempt organization.