Sioux Valley Coop Credit Union

About Sioux Valley Coop Credit Union

Sioux Valley Coop Credit Union Location

Po Box 344
Watertown, SD 57201

Phone: (605) 882-2706
Website:
Routing/Transit Number: Not Available

Sioux Valley Coop Credit Union Information

Sioux Valley Coop Credit Union of Watertown, SD 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 1584 members and assets of $7,401,817, as compared to the national average of $93 million dollars of assets per credit union. Sioux Valley Coop Credit Union, first opened in 1953 and has been in operation since then. Additionally, Sioux Valley Coop Credit Union has 2 full time employees and 2 part time employees, or 396 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 Sioux Valley Coop 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. Sioux Valley Coop Credit Union is a not-for-profit, cooperative, tax-exempt organization.