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Altra Federal Credit Union
Financial Info

Altra Federal Credit Union is federally insured through the the National Credit Union Share Insurance Fund (NCUSIF), created by Congress in 1970 to insure member's deposits in federal credit unions. NCUSIF is administered by the National Credit Union Administration (NCUA), providing a minimum of $250,000 of insurance on credit union member deposits.
Altra FCU details below updated June 2017 from quarterly data ending March 31, 2017.

Charter Number

24077

Assets

$1.32 Billion

Loans

$633.82 Million

Net Worth Ratio?

10.80
"well-capitalized"

Number of Members

93,828

Number of Full-Time Employees

323

Number of Part-Time Employees

53
291881216
*Verify the routing number with Altra Federal Credit Union prior to using it for any financial transactions.
NCUA provides an online insurance estimator to determine your level of insurance protection.
Net Worth Ratio: The net worth ratio is the comparison between Net Worth and Assets. The financial strength of a credit union can be quickly determined, and compared to others, with the net worth ratio. A "well-capitalized" credit union has a net worth ratio of 7 or higher. Credit unions with net worth ratios between 6-7 are considered "adequately-capitalized credit unions." Net worth ratios below 6 are classified as "undercapitalized credit unions" and are subject to Congressionally-prescribed mandatory supervisory actions.
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