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360 Credit Union

Overview
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360 Credit Union is a federal credit union based in Windsor Locks, Connecticut. It has been opened since 1952, for 68 years.

With around $223,160,000 in assets, 360 Credit Union is considered to be a very large credit union. It has 5 branches and 4 ATM locations.

About
Address 191 Ella Grasso Tpke, P.O. Box 273
Windsor Locks, Connecticut 06096
Website https://www.360FCU.ORG
Phone (860) 627-4200
Fax (860) 627-4224
CEO Duane Crisco
President of the Board Mark Angelica
Services Offered
Map
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Score Card
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68 years
Years in business
Opened in 1952
Well Capitalized
Net worth classification
Source: NCUA
17,625 members
Membership type: Community credit union
Above average number of members
284:1
Credit union member to staff ratio
284 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$223,158,298
Total assets
Above average
5 branches
Compared with an average of 4 nationally and 3 in Connecticut
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
15.25%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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5 branches
Compared with an average of 4 nationally and 3 in Connecticut
Above average number of branches
360 Credit Union Branch Locations

360 Credit Union: the First Cathedral
1151 Blue Hills Avenue
Bloomfield, Connecticut 06002
ATM Available
360 Credit Union: Enfield Branch
385 Enfield Street
Enfield, Connecticut 06082
ATM Available
360 Credit Union: Route 75
191 Ella Grasso Tpke
Windsor Locks, Connecticut 06096
ATM Available
360 Credit Union: Mezzanine
1 Hamilton Road
Windsor Locks, Connecticut 06096
ATM Available
360 Credit Union: Enfield High School
1264 Enfield Street
Enfield, Connecticut 06082
No ATM
Members
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17,625 members
Membership type: Community credit union
Above average number of members

With 17,625 members, the 360 Credit Union is considered to be a large credit union. It is larger than 80% of credit unions.

Fees
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$62
Average fee per member
The average fee per member at the 360 Credit Union is $62, which is high compared to most credit unions. This rate is higher than 61% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the 360 Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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284:1
Credit union member to staff ratio
284 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
62 staff members
FTE (full-time equivalent)
18% of employees are part-time
56 full-time, 12 part-time

360 Credit Union has 56 full-time staff members and 12 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 82% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. 360 Credit Union has around 284 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets
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$223,158,298
Total assets
Above average
Net worth
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
9.9%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
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$11,832
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 63% of credit unions.

360 Credit Union holds a total of $163,970,000 in loans and leases, which is about $11,832 per member on average.

Savings interest rate
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0.05%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. 360 Credit Union pays 0.05%.

Loan rates
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15.25%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
8.74%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
2.65%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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2.99%
New car loan rate
Compared to 4.0% nationally
3.49%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.25%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.75%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally