Lorain School Employees Credit Union

About Lorain School Employees Credit Union

Lorain School Employees Credit Union Location

2350 Pole Avenue
Lorain, OH 44052

Phone: (440) 282-4600
Website:
Routing/Transit Number: Not Available

Lorain School Employees Credit Union Information

Lorain School Employees Credit Union of Lorain, OH 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 1628 members and assets of $13,719,967, as compared to the national average of $93 million dollars of assets per credit union. Lorain School Employees Credit Union, first opened in 0 and has been in operation since then. Additionally, Lorain School Employees Credit Union has 3 full time employees and 0 part time employees, or 542.666666667 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 Lorain School 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. Lorain School Employees Credit Union is a not-for-profit, cooperative, tax-exempt organization.