Home
Contents
Explore
Search

Communities of Abilene Credit Union

Overview
Back to Top

Communities of Abilene Credit Union is a federal credit union based in Abilene, Texas. It has been opened since 1955, for 65 years.

With around $138,550,000 in assets, Communities of Abilene Credit Union is considered to be a large credit union. It has 3 branches and 3 ATM locations.

About
Address 3661 North 6th Street
Abilene, Texas 79603
Website http://www.coafcu.org
Phone (325) 691-2300
Fax (325) 691-2309
CEO Louis J. Zientek, Jr.
President of the Board Bob Sayer
Services Offered
Map
Back to Top
Score Card
Back to Top
65 years
Years in business
Opened in 1955
Well Capitalized
Net worth classification
Source: NCUA
12,800 members
Membership type: Community credit union
Above average number of members
328:1
Credit union member to staff ratio
328 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$138,551,455
Total assets
Above average
3 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
0.15%
Savings interest rate
Compared to 0.3% nationally
8.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
3 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
Communities of Abilene Credit Union Branch Locations

Communities of Abilene Credit Union: Rolling Green
3350 Rolling Green Drive
Abilene, Texas 79606
ATM Available
Communities of Abilene Credit Union: Main
3661 North 6th Street
Abilene, Texas 79603
ATM Available
Communities of Abilene Credit Union: Base Office
341 Avenue C.
Dyess Afb, Texas 79607
ATM Available
Members
Back to Top
12,800 members
Membership type: Community credit union
Above average number of members

With 12,800 members, the Communities of Abilene Credit Union is considered to be a large credit union. It is larger than 75% of credit unions.

Fees
Back to Top
$66
Average fee per member
The average fee per member at the Communities of Abilene Credit Union is $66, which is high compared to most credit unions. This rate is higher than 64% 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 Communities of Abilene Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
328:1
Credit union member to staff ratio
328 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
39 staff members
FTE (full-time equivalent)
19% of employees are part-time
35 full-time, 8 part-time

Communities of Abilene Credit Union has 35 full-time staff members and 8 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 81% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Communities of Abilene Credit Union has around 328 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
Back to Top
$138,551,455
Total assets
Above average
Net worth
Back to Top
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.
8.8%
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
Back to Top
$15,355
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 81% of credit unions.

Communities of Abilene Credit Union holds a total of $92,300,000 in loans and leases, which is about $15,355 per member on average.

Savings interest rate
Back to Top
0.15%
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. Communities of Abilene Credit Union pays 0.15%.

Loan rates
Back to Top
8.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
8.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
9.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
3.49%
New car loan rate
Compared to 4.0% nationally
4.14%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
5.50%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
Orange County Teachers Credit Union
Location
Orange, Texas
Members
79
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Employees United Credit Union
Location
Paris, Texas
Members
1580
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
10.00%
Read More
Texas Community Credit Union
Location
Kingsville, Texas
Members
2228
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
16.50%
Read More
Primeway Credit Union
Location
Houston, Texas
Members
47,397
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Odessa Employees Credit Union
Location
Odessa, Texas
Members
1422
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
11.90%
Read More
J.C.T. Credit Union
Location
Edna, Texas
Members
649
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More