Modern Employees Credit Union

About Modern Employees Credit Union

Modern Employees Credit Union Location

1727 Moseley Street
Owensboro, KY 42303

Phone: (270) 685-1025
Website:
Routing/Transit Number: Not Available

Modern Employees Credit Union Information

Modern Employees Credit Union of Owensboro, KY 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 836 members and assets of $4,641,722, as compared to the national average of $93 million dollars of assets per credit union. Modern Employees Credit Union, first opened in 1953 and has been in operation since then. Additionally, Modern Employees Credit Union has 3 full time employees and 1 part time employees, or 209 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 Modern 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. Modern Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.