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Desert Communities Credit Union

Overview
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Desert Communities Credit Union is a federal credit union based in Needles, California. It has been opened since 1954, for 66 years.

With around $31,360,000 in assets, Desert Communities Credit Union is considered to be an average size credit union. It has 2 branches and 2 ATM locations.

About
Address P.O. Box 918
Needles, California 92363
Website http://www.desertcommunitiesfcu.org
Phone (760) 326-2942
Fax (760) 326-5671
CEO Penny E. Rodriguez
President of the Board Daniel Johnson
Services Offered
Map
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Score Card
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66 years
Years in business
Opened in 1954
Undercapitalized
Net worth classification
Source: NCUA
3,179 members
Membership type: Unknown
Average number of members
489:1
Credit union member to staff ratio
489 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$31,362,205
Total assets
Average size
2 branches
Compared with an average of 4 nationally and 5 in California
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
11.23%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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2 branches
Compared with an average of 4 nationally and 5 in California
Above average number of branches
Desert Communities Credit Union Branch Locations

Desert Communities Credit Union: Branch
1001 W. Broadway Street
Needles, California 92363
ATM Available
Desert Communities Credit Union: Ft. Mohave Branch
4747 S. Highway 95
Fort Mohave, Arizona 86426
ATM Available
Members
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3,179 members
Membership type: Unknown
Average number of members

With 3,179 members, the Desert Communities Credit Union is considered to be a medium size credit union. It is larger than 46% of credit unions.

Fees
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$96
Average fee per member
The average fee per member at the Desert Communities Credit Union is $96, which is very high compared to most credit unions. This rate is higher than 83% 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 Desert Communities Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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489:1
Credit union member to staff ratio
489 per each FTE employee
Compared to 411:1 nationally
Fewer staff
6 staff members
FTE (full-time equivalent)
56% of employees are part-time
4 full-time, 5 part-time

Desert Communities Credit Union has 4 full-time staff members and 5 part-time staff members. The staff is comprised of part-time and full-time staff, with part-time staff approximately 56% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Desert Communities Credit Union has around 489 members per staff, a higher ratio compared to other credit unions.

Assets
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$31,362,205
Total assets
Average size
Net worth
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Undercapitalized
Net worth classification
Source: NCUA
An undercapitalized credit union has a net worth ratio between 4% and 6% or fails to meet applicable risk-based net worth requirements, according to the National Credit Union Administration.
5.4%
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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$14,824
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 79% of credit unions.

Desert Communities Credit Union holds a total of $18,830,000 in loans and leases, which is about $14,824 per member on average.

Savings interest rate
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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. Desert Communities Credit Union pays 0.05%.

Loan rates
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11.23%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
14.10%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.84%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.40%
New car loan rate
Compared to 4.0% nationally
5.06%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.07%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
5.45%
Other real estate loan rates
Compared to 0.9% nationally
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