Corporate America Family Credit Union
About Corporate America Family Credit Union
Corporate America Family Credit Union Location
2075 Big Timber Road
Elgin, IL 60123
Phone: (847) 214-2000
Website: www.cafcu.org
Routing/Transit Number: Not Available
Corporate America Family Credit Union Information
Corporate America Family Credit Union of Elgin, IL 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 79645 members and assets of $514,841,976, as compared to the national average of $93 million dollars of assets per credit union. Corporate America Family Credit Union, first opened in 1976 and has been in operation since then. Additionally, Corporate America Family Credit Union has 207 full time employees and 2 part time employees, or 381.076555024 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 Corporate America Family 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. Corporate America Family Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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