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Brunswick County Teachers Credit Union

Overview
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Brunswick County Teachers Credit Union is a federal credit union based in Lawrenceville, Virginia. It has been opened since 1955, for 65 years.

With around $550,000 in assets, Brunswick County Teachers Credit Union is considered to be a small credit union.

About
Address P.O. Box 23
Lawrenceville, Virginia 23868
Phone (434) 848-2588
Fax (434) 848-8181
CEO Richard G. Summiel
President of the Board Angela Parker
Services Offered
Map
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Score Card
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65 years
Years in business
Opened in 1955
Well Capitalized
Net worth classification
Source: NCUA
389 members
Membership type: Multiple common bond – primary educational
Below average number of members
389:1
Credit union member to staff ratio
389 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$546,135
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 4 in Virginia
Average number of branches
0.33%
Savings interest rate
Compared to 0.3% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 4 in Virginia
Average number of branches
Brunswick County Teachers Credit Union Branch Locations

Brunswick County Teachers Credit Union: Headquarters
411 S. Hicks Street
Lawrenceville, Virginia 23868
No ATM
Members
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389 members
Membership type: Multiple common bond – primary educational
Below average number of members

With 389 members, the Brunswick County Teachers Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 93% of credit unions.

Fees
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$13
Average fee per member
The average fee per member at the Brunswick County Teachers Credit Union is $13, which is low compared to most credit unions. This rate is lower than 78% of all credit unions.
Fees are lower 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 Brunswick County Teachers Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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389:1
Credit union member to staff ratio
389 per each FTE employee
Compared to 411:1 nationally
Average number of staff
1 staff members
FTE (full-time equivalent)
100% of employees are part-time
0 full-time, 2 part-time

Brunswick County Teachers Credit Union has 0 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of part-time staff, at approximately 100% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Brunswick County Teachers Credit Union has around 389 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
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$546,135
Total assets
Below 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.
31.4%
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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$1,568
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 99% of credit unions.

Brunswick County Teachers Credit Union holds a total of $260,000 in loans and leases, which is about $1,568 per member on average.

Savings interest rate
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0.33%
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. Brunswick County Teachers Credit Union pays 0.33%.

Loan rates
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15.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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12.00%
Used car loan rate
Compared to 5.2% nationally
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