Olean Teachers' And Postal Credit Union
About Olean Teachers' And Postal Credit Union
Olean Teachers' And Postal Credit Union Location
1700 Constitution Avenue
Olean, NY 14760
Phone: (716) 373-0155
Website: www.otpfcu.com
Routing/Transit Number: Not Available
Olean Teachers' And Postal Credit Union Information
Olean Teachers' And Postal Credit Union of Olean, NY 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 2052 members and assets of $11,849,625, as compared to the national average of $93 million dollars of assets per credit union. Olean Teachers' And Postal Credit Union, first opened in 1952 and has been in operation since then. Additionally, Olean Teachers' And Postal Credit Union has 4 full time employees and 2 part time employees, or 342 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 Olean Teachers' And Postal 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. Olean Teachers' And Postal Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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