Otis Credit Union
About Otis Credit Union
Otis Credit Union Location
Po Box 27
Jay, ME 04239
Phone: (207) 897-0900
Website: www.otisfcu.coop
Routing/Transit Number: Not Available
Otis Credit Union Information
Otis Credit Union of Jay, 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 9994 members and assets of $100,448,017, as compared to the national average of $93 million dollars of assets per credit union. Otis Credit Union, first opened in 1954 and has been in operation since then. Additionally, Otis Credit Union has 21 full time employees and 5 part time employees, or 384.384615385 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 Otis 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. Otis Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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