Home
Contents
Explore
Search

Comtrust Credit Union

Overview
Back to Top

Comtrust Credit Union is a federal credit union based in Chattanooga, Tennessee. It has been opened since 1935, for 85 years.

With around $351,420,000 in assets, Comtrust Credit Union is considered to be a very large credit union. It has 6 branches and 6 ATM locations.

About
Address 1020 Riverfront Parkway
Chattanooga, Tennessee 37402
Website http://www.comtrustfcu.com
Phone (423) 756-3300
Fax (423) 752-0290
CEO Johnny R. Phillips
President of the Board Charles Christian
Services Offered
Map
Back to Top
Score Card
Back to Top
85 years
Years in business
Opened in 1935
Well Capitalized
Net worth classification
Source: NCUA
24,046 members
Membership type: Multiple common bond – other
Above average number of members
388:1
Credit union member to staff ratio
388 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$351,422,208
Total assets
Above average
6 branches
Compared with an average of 4 nationally and 3 in Tennessee
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
6 branches
Compared with an average of 4 nationally and 3 in Tennessee
Above average number of branches
Comtrust Credit Union Branch Locations

Comtrust Credit Union: Ft. Oglethorpe
2059 Battlefield Parkway
Fort Oglethorpe, Georgia 30742
ATM Available
Comtrust Credit Union: Chatsworth
1211 North 3rd Avenue
Chatsworth, Georgia 30705
ATM Available
Comtrust Credit Union: Towne Center North
5587 Highway 153
Hixson, Tennessee 37343
ATM Available
Comtrust Credit Union: Hamilton Place
1620 Gunbarrel Road
Chattanooga, Tennessee 37421
ATM Available
Comtrust Credit Union: Windsor
1901 Day Hill Road
Windsor, Connecticut 06095
ATM Available
Comtrust Credit Union: Main Office
1020 Riverfront Parkway
Chattanooga, Tennessee 37402
ATM Available
Members
Back to Top
24,046 members
Membership type: Multiple common bond – other
Above average number of members

With 24,046 members, the Comtrust Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 84% of credit unions.

Fees
Back to Top
$53
Average fee per member
The average fee per member at the Comtrust Credit Union is $53, which is comparable to most credit unions. This rate is lower than 46% 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 Comtrust Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
388:1
Credit union member to staff ratio
388 per each FTE employee
Compared to 411:1 nationally
Average number of staff
62 staff members
FTE (full-time equivalent)
3% of employees are part-time
61 full-time, 2 part-time

Comtrust Credit Union has 61 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 97% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Comtrust Credit Union has around 388 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
Back to Top
$351,422,208
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.
12.1%
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
$13,392
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 73% of credit unions.

Comtrust Credit Union holds a total of $91,770,000 in loans and leases, which is about $13,392 per member on average.

Savings interest rate
Back to Top
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. Comtrust Credit Union pays 0.05%.

Loan rates
Back to Top
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.90%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.04%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
3.53%
New car loan rate
Compared to 4.0% nationally
3.99%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
4.99%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.40%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
Basf Chattanooga Credit Union
Location
Chattanooga, Tennessee
Members
447
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Smart Choice Credit Union
Location
Cleveland, Tennessee
Members
1182
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Upper Cumberland Credit Union
Location
Crossville, Tennessee
Members
7,499
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
9.65%
Read More
Wcg Employees Credit Union
Location
Martin, Tennessee
Members
264
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Enbright Credit Union
Location
Nashville, Tennessee
Members
7,950
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
9.47%
Read More
Appliance Credit Union
Location
Cleveland, Tennessee
Members
2183
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
13.70%
Read More