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Electrical Workers No 22 Credit Union

Overview
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Electrical Workers No 22 Credit Union is a federal credit union based in Omaha, Nebraska. It has been opened since 1956, for 64 years.

With around $11,750,000 in assets, Electrical Workers No 22 Credit Union is considered to be a medium size credit union. It has 1 branches and 1 ATM locations.

About
Address 8960 L. Street Suite 102
Omaha, Nebraska 68127
Website http://www.ew22fcu.org
Phone (402) 331-3121
Fax (402) 331-3126
CEO Lisa M. Vance
President of the Board Catherine Munch
Services Offered
Map
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Score Card
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64 years
Years in business
Opened in 1956
Well Capitalized
Net worth classification
Source: NCUA
2,505 members
Membership type: Associational – fraternal based
Average number of members
835:1
Credit union member to staff ratio
835 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$11,747,583
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 2 in Nebraska
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 2 in Nebraska
Above average number of branches
Electrical Workers No 22 Credit Union Branch Locations

Electrical Workers No 22 Credit Union
8960 L. Street Suite 102
Omaha, Nebraska 68127
ATM Available
Electrical Workers No 22 Credit Union: Bakers Federal Credit Union
11117 John Galt Boulevard Suite B.
Omaha, Nebraska 68137
No ATM
Members
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2,505 members
Membership type: Associational – fraternal based
Average number of members

With 2,505 members, the Electrical Workers No 22 Credit Union is considered to be a medium size credit union. It is larger than 40% of credit unions.

Fees
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$31
Average fee per member
The average fee per member at the Electrical Workers No 22 Credit Union is $31, which is low compared to most credit unions. This rate is lower than 65% 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 Electrical Workers No 22 Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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835:1
Credit union member to staff ratio
835 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
3 staff members
FTE (full-time equivalent)
0% of employees are part-time
3 full-time, 0 part-time

Electrical Workers No 22 Credit Union has 3 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Electrical Workers No 22 Credit Union has around 835 members per staff, a high ratio compared to other credit unions.

Assets
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$11,747,583
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.
9.2%
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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$7,990
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 70% of credit unions.

Electrical Workers No 22 Credit Union holds a total of $4,820,000 in loans and leases, which is about $7,990 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. Electrical Workers No 22 Credit Union pays 0.10%.

Loan rates
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7.50%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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2.99%
New car loan rate
Compared to 4.0% nationally
3.99%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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6.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
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Average Fee
Credit Card Loan Interest Rate
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