Watertown Employees Credit Union

About Watertown Employees Credit Union

Watertown Employees Credit Union Location

Po Box 534
Watertown, SD 57201

Phone: (605) 882-2357
Website: www.wefcu.net
Routing/Transit Number: Not Available

Watertown Employees Credit Union Information

Watertown Employees 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 2167 members and assets of $13,744,169, as compared to the national average of $93 million dollars of assets per credit union. Watertown Employees Credit Union, first opened in 1953 and has been in operation since then. Additionally, Watertown Employees Credit Union has 4 full time employees and 0 part time employees, or 541.75 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 Watertown Employees 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. Watertown Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.