Katahdin Credit Union

About Katahdin Credit Union

Katahdin Credit Union Location

1000 Central Street
Millinocket , ME 04462

Phone: (207) 723-9718
Website: WWW.KATAHDINFCU.ORG
Routing/Transit Number: Not Available

Katahdin Credit Union Information

Katahdin Credit Union of Millinocket , ME 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 7925 members and assets of $69,258,881, as compared to the national average of $93 million dollars of assets per credit union. Katahdin Credit Union, first opened in 1954 and has been in operation since then. Additionally, Katahdin Credit Union has 21 full time employees and 10 part time employees, or 255.64516129 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 Katahdin 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. Katahdin Credit Union is a not-for-profit, cooperative, tax-exempt organization.