New Life Credit Union

About New Life Credit Union

New Life Credit Union Location

1152 N 63rd Street
Philadelphia, PA 19151

Phone: (215) 477-5000
Website: www.newlifecreditunion.org
Routing/Transit Number: Not Available

New Life Credit Union Information

New Life Credit Union of Philadelphia, PA 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 1143 members and assets of $774,906, as compared to the national average of $93 million dollars of assets per credit union. New Life Credit Union, first opened in 2003 and has been in operation since then. Additionally, New Life Credit Union has 1 full time employees and 0 part time employees, or 1143 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 New Life 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. New Life Credit Union is a not-for-profit, cooperative, tax-exempt organization.