Paterson Police Credit Union
About Paterson Police Credit Union
Paterson Police Credit Union Location
111 Broadway
Paterson, NJ 07505
Phone: (973) 321-1137
Website: ppfcu.virtualcu.net
Routing/Transit Number: Not Available
Paterson Police Credit Union Information
Paterson Police Credit Union of Paterson, NJ 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 890 members and assets of $4,429,853, as compared to the national average of $93 million dollars of assets per credit union. Paterson Police Credit Union, first opened in 1953 and has been in operation since then. Additionally, Paterson Police Credit Union has 0 full time employees and 2 part time employees, or 445 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 Paterson Police 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. Paterson Police Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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