Akron Municipal Employee's Credit Union is a federally insured state credit union based in Akron, Ohio. It has been opened since 1940, for 82 years.
With around $6,160,000 in assets, Akron Municipal Employee's Credit Union is considered to be a small credit union.
|Address|| 146 S. High St, Concourse Level |
Akron, Ohio 44308
|CEO||Sandra L. Evans|
|President of the Board||Anthony White|
|Services Offered|| |
With 1,166 members, the Akron Municipal Employee's Credit Union is considered to be a small credit union. It is smaller than 78% 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 Akron Municipal Employee's Credit Union. Some credit unions tend to charge more fees, while others charge less.
Akron Municipal Employee's Credit Union has 2 full-time staff members and 2 part-time staff members. The staff is comprised of part-time and full-time staff, with part-time staff approximately 50% of the workforce.
The number of members relative to staff members is an indication of how well staffed the credit union is. Akron Municipal Employee's Credit Union has around 389 members per staff, an average ratio compared to other credit unions. This is a somewhat 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.
Akron Municipal Employee's Credit Union holds a total of $2,070,000 in loans and leases, which is about $5,663 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. Akron Municipal Employee's Credit Union pays 0.10%.