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Columbus Metro Credit Union

Overview
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Columbus Metro Credit Union is a federal credit union based in Columbus, Ohio. It has been opened since 1951, for 69 years.

With around $229,270,000 in assets, Columbus Metro Credit Union is considered to be a very large credit union. It has 5 branches and 3 ATM locations.

About
Address 4000 E. Broad St, Po Box 13240
Columbus, Ohio 43213
Website http://www.columbusmetro.org
Phone (614) 239-0210
Fax (614) 239-0988
CEO Timothy S. Richey
President of the Board Fred Harris
Services Offered
Map
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Score Card
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69 years
Years in business
Opened in 1951
Well Capitalized
Net worth classification
Source: NCUA
20,297 members
Membership type: Community credit union
Above average number of members
427:1
Credit union member to staff ratio
427 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$229,270,901
Total assets
Above average
5 branches
Compared with an average of 4 nationally and 3 in Ohio
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
12.90%
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 Ohio
Above average number of branches
Columbus Metro Credit Union Branch Locations

Columbus Metro Federal Credit Union - Gahanna Branch
5600 North Hamilton Road
Columbus, Ohio 43230
ATM Available
Columbus Metro Federal Credit Union - Dfas Office
3990 E. Broad Street
Building 21
Columbus, Ohio 43213
No ATM
Columbus Metro Federal Credit Union - Op Center Office
3990 E. Broad Street
Building 20
Columbus, Ohio 43213
No ATM
Columbus Metro Federal Credit Union - Whitehall Office
4000 E. Broad Street
Columbus, Ohio 43213
ATM Available
Columbus Metro Federal Credit Union - Reynoldsburg Office
6623 E. Main Street
Reynoldsburg, Ohio 43068
ATM Available
Members
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20,297 members
Membership type: Community credit union
Above average number of members

With 20,297 members, the Columbus Metro Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 82% of credit unions.

Fees
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$87
Average fee per member
The average fee per member at the Columbus Metro Credit Union is $87, which is high compared to most credit unions. This rate is higher than 78% 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 Columbus Metro Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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427:1
Credit union member to staff ratio
427 per each FTE employee
Compared to 411:1 nationally
Fewer staff
48 staff members
FTE (full-time equivalent)
6% of employees are part-time
46 full-time, 3 part-time

Columbus Metro Credit Union has 46 full-time staff members and 3 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 94% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Columbus Metro Credit Union has around 427 members per staff, a higher ratio compared to other credit unions.

Assets
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$229,270,901
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.
11.4%
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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$12,586
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 68% of credit unions.

Columbus Metro Credit Union holds a total of $191,110,000 in loans and leases, which is about $12,586 per member on average.

Savings interest rate
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0.10%
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. Columbus Metro Credit Union pays 0.10%.

Loan rates
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12.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
13.99%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.99%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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5.24%
New car loan rate
Compared to 4.0% nationally
5.99%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.75%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.73%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally