New Mexico Educators Credit Union

About New Mexico Educators Credit Union

New Mexico Educators Credit Union Location

P.O. Box 8530
Albuquerque, NM 87198

Phone: (505) 889-7755
Website: www.nmefcu.org
Routing/Transit Number: Not Available

New Mexico Educators Credit Union Information

New Mexico Educators Credit Union of Albuquerque, NM 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 111243 members and assets of $862,096,343, as compared to the national average of $93 million dollars of assets per credit union. New Mexico Educators Credit Union, first opened in 1936 and has been in operation since then. Additionally, New Mexico Educators Credit Union has 316 full time employees and 10 part time employees, or 341.236196319 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 New Mexico Educators 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. New Mexico Educators Credit Union is a not-for-profit, cooperative, tax-exempt organization.