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Afl Cio Employees Credit Union

Overview
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Afl Cio Employees Credit Union is a federal credit union based in Washington, District of Columbia. It has been opened since 1952, for 68 years.

With around $50,500,000 in assets, Afl Cio Employees Credit Union is considered to be an average size credit union. It has 1 branches and 1 ATM locations.

About
Address 555 New Jersey Avenue Nw, Suite 100
Washington, District of Columbia 20001
Website http://www.aflcioefcu.org
Phone (301) 683-2800
Fax (202) 393-6279
CEO Robert C. James
President of the Board Richard Womack
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
4,967 members
Membership type: Multiple common bond – other
Average number of members
368:1
Credit union member to staff ratio
368 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$50,497,501
Total assets
Average size
1 branch
Compared with an average of 4 nationally and 2 in District of Columbia
Average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 2 in District of Columbia
Average number of branches
Afl Cio Employees Credit Union Branch Locations

Afl Cio Employees Credit Union: Capitol Hill Branch
555 New Jersey Avenue NW
Suite 100
Washington, District of Columbia 20001
ATM Available
Members
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4,967 members
Membership type: Multiple common bond – other
Average number of members

With 4,967 members, the Afl Cio Employees Credit Union is considered to be a medium size credit union. It is larger than 57% of credit unions.

Fees
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$48
Average fee per member
The average fee per member at the Afl Cio Employees Credit Union is $48, which is comparable to most credit unions. This rate is lower than 50% of all credit unions.
Fees are 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 Afl Cio Employees Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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368:1
Credit union member to staff ratio
368 per each FTE employee
Compared to 411:1 nationally
Average number of staff
14 staff members
FTE (full-time equivalent)
7% of employees are part-time
13 full-time, 1 part-time

Afl Cio Employees Credit Union has 13 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 93% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Afl Cio Employees Credit Union has around 368 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
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$50,497,501
Total assets
Average size
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.
10.4%
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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$19,238
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 90% of credit unions.

Afl Cio Employees Credit Union holds a total of $32,070,000 in loans and leases, which is about $19,238 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. Afl Cio Employees Credit Union pays 0.05%.

Loan rates
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10.87%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.31%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.02%
New car loan rate
Compared to 4.0% nationally
4.87%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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5.44%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.85%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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