Direct Credit Union

About Direct Credit Union

Direct Credit Union Location

50 Cabot Street, P.O. Box 9123
Needham, MA 02494

Phone: (781) 433-2900
Website: www.direct.com
Routing/Transit Number: Not Available

Direct Credit Union Information

Direct Credit Union of Needham, MA 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 41533 members and assets of $657,806,643, as compared to the national average of $93 million dollars of assets per credit union. Direct Credit Union, first opened in 1953 and has been in operation since then. Additionally, Direct Credit Union has 54 full time employees and 12 part time employees, or 629.287878788 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 Direct 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. Direct Credit Union is a not-for-profit, cooperative, tax-exempt organization.