Act 1st Credit Union is a federal credit union based in Lavale, Maryland. It has been opened since 1950, for 72 years.
With around $116,190,000 in assets, Act 1st Credit Union is considered to be a large credit union. It has 4 branches and 3 ATM locations.
|Address|| 14316 National Highway SW |
Lavale, Maryland 21502
|CEO||Christie L. Clark|
|President of the Board||Shawnee Mcelfish|
|Services Offered|| |
With 11,061 members, the Act 1st Credit Union is considered to be a large credit union. It is larger than 72% of credit unions.
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 Act 1st Credit Union. Some credit unions tend to charge more fees, while others charge less.
Act 1st Credit Union has 38 full-time staff members and 0 part-time staff members.
The number of members relative to staff members is an indication of how well staffed the credit union is. Act 1st Credit Union has around 291 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.
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.
Act 1st Credit Union holds a total of $94,820,000 in loans and leases, which is about $13,474 per member on average.
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. Act 1st Credit Union pays 0.35%.