Feedback
Share
Link
Link copied!
Asset Brief
Elko Credit Union
Credit Union Finder
Table of Contents
Explore
Search
Asset Brief
More
About Asset Brief
Copyright © 2022 assetbrief.com and Spring Launch Media LLC. All Rights Reserved.

All content on this website ("the Site") is the property of Spring Launch Media LLC. The collection and assembly of content on this Site are the exclusive property of Spring Launch Media LLC and are protected by copyright and other intellectual property laws. Credit union and bank data is publicly sourced from the U.S. government. None are affiliated with Asset Brief. assetbrief.com is an independent, advertising-supported publisher. We work hard to keep our information accurate and up to date, but do not guarantee accuracy of information. You may see different information when you visit a specific product’s site. assetbrief.com does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information disclosed. assetbrief.com does not assume any responsibility for any aspect of financial decisions taken based on the contents provided on this Site. When considering offers, please review all Terms and Conditions with the offering institution. Our content is not intended to provide investment advice. assetbrief.com is compensated through display advertising and offers from our partners. Many or all of the products features may be from our partners, and advertising may impact on where, how, and the order in which products appear on this Site. AssetBrief does not include all companies or all available products. However, this does not influence our editorial content or our advice, which are based on industry knowledge and many many hours of research. assetbrief.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Elko Credit Union Share
Link
Link copied!

Map Loading...
Overview Share
Link
Link copied!
Back to Top

Elko Credit Union is a federal credit union based in Elko, Nevada. It has been opened since 1960, for 62 years.

With around $164,960,000 in assets, Elko Credit Union is considered to be a large credit union. It has 3 branches and 2 ATM locations.

About Share
Link
Link copied!
Address 2397 Mountain City Highway
Elko, Nevada 89801
Website http://www.elkofcu.org
Phone (775) 738-4083
Fax (775) 738-2582
CEO John B. Kelly
President of the Board Jon Wahrenbrock
Services Offered
Score Card Share
Link
Link copied!
Back to Top
62 years
Years in business
Opened in 1960
Well Capitalized
Net worth classification
Source: NCUA
14,768 members
Membership type: Unknown
Above average number of members
416:1
Credit union member to staff ratio
416 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$164,962,083
Total assets
Above average
3 branches
Compared with an average of 4 nationally and 5 in Nevada
Above average number of branches
0.25%
Savings interest rate
Compared to 0.3% nationally
Branches Share
Link
Link copied!
Back to Top
3 branches
Compared with an average of 4 nationally and 5 in Nevada
Above average number of branches
Elko Credit Union Branch Locations

Elko Credit Union: Elko
2397 Mountain City Highway
Elko, Nevada 89801
ATM Available
Elko Credit Union: Spring Creek
580 Spring Valley Court
Spring Creek, Nevada 89815
ATM Available
Members Share
Link
Link copied!
Back to Top
14,768 members
Membership type: Unknown
Above average number of members

With 14,768 members, the Elko Credit Union is considered to be a large credit union. It is larger than 77% of credit unions.

Fees Share
Link
Link copied!
Back to Top
$64
Average fee per member
The average fee per member at the Elko Credit Union is $64, which is high compared to most credit unions. This rate is higher than 62% 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 Elko Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
Link
Link copied!
Back to Top
416:1
Credit union member to staff ratio
416 per each FTE employee
Compared to 411:1 nationally
Fewer staff
36 staff members
FTE (full-time equivalent)
31% of employees are part-time
29 full-time, 13 part-time

Elko Credit Union has 29 full-time staff members and 13 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 69% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Elko Credit Union has around 416 members per staff, a higher ratio compared to other credit unions.

Assets Share
Link
Link copied!
Back to Top
$164,962,083
Total assets
Above average
Net worth Share
Link
Link copied!
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.
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 Share
Link
Link copied!
Back to Top
$21,357
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 93% of credit unions.

Elko Credit Union holds a total of $97,110,000 in loans and leases, which is about $21,357 per member on average.

Savings interest rate Share
Link
Link copied!
Back to Top
0.25%
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. Elko Credit Union pays 0.25%.

Loan rates Share
Link
Link copied!
Back to Top
9.98%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.24%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
Link
Link copied!
Back to Top
4.04%
New car loan rate
Compared to 4.0% nationally
5.46%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
Link
Link copied!
Back to Top
5.65%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.38%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
6.41%
Other real estate loan rates
Compared to 0.9% nationally

Additional Credit Unions

See all...
Silver State Schools Credit Union
Credit Union: Well Capitalized Las Vegas, Nevada 54560.0 $768 million Well Capitalized
Sierra Pacific Credit Union
Credit Union: Well Capitalized Reno, Nevada 9238.0 $125 million Well Capitalized
Great Basin Credit Union
Credit Union: Well Capitalized Reno, Nevada 19431.0 $180 million Well Capitalized
Plus Credit Union
Credit Union: Well Capitalized Las Vegas, Nevada 9724.0 $90 million Well Capitalized
Churchill County Credit Union
Credit Union: Well Capitalized Fallon, Nevada 2590.0 $50 million Well Capitalized
Greater Nevada Credit Union
Credit Union: Well Capitalized Carson City, Nevada 68678.0 $965 million Well Capitalized
Clark County Credit Union
Credit Union: Well Capitalized Las Vegas, Nevada 43576.0 $771 million Well Capitalized
Financial Horizons Credit Union
Credit Union: Well Capitalized Hawthorne, Nevada 12150.0 $191 million Well Capitalized
Weststar Credit Union
Credit Union: Well Capitalized Las Vegas, Nevada 21688.0 $175 million Well Capitalized
Las Vegas Up Employees Credit Union
Credit Union: Well Capitalized Las Vegas, Nevada 834.0 $4 million Well Capitalized

Other Credit Unions

See all...
Pahranagat Valley Credit Union
Credit Union: Well Capitalized Alamo, Nevada 2064.0 $23 million Well Capitalized
Boulder Dam Credit Union
Credit Union: Well Capitalized Boulder City, Nevada 20844.0 $629 million Well Capitalized
One Nevada Credit Union
Credit Union: Well Capitalized Las Vegas, Nevada 76279.0 $916 million Well Capitalized
Reno City Employees Credit Union
Credit Union: Well Capitalized Reno, Nevada 2274.0 $32 million Well Capitalized

All of Asset Brief

See all...

Similar Credit Unions to Elko Credit Union

See all...
Elko Credit Union: Spring Creek ATM
Credit Union ATM: 580 Spring Valley Court
Spring Creek, Nevada 89815
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Elko Credit Union: Elko
Credit Union Branch: 2397 Mountain City Highway
Elko, Nevada 89801 ATM Available
First Credit Bank
Bank: West Hollywood, California 122237599.0
Elko Credit Union: Spring Creek
Credit Union Branch: 580 Spring Valley Court
Spring Creek, Nevada 89815 ATM Available
Elko Credit Union: Commercial Lending Office
Credit Union Branch: 455 8th Street
Elko, Nevada 89801 No ATM
Elko Credit Union: Elko ATM
Credit Union ATM: 2397 Mountain City Highway
Elko, Nevada 89801
National Association Credit One Bank
Bank: Las Vegas, Nevada 122402133.0
Credit First National Association
Bank: Brook Park, Ohio 41202980.0
Elko Credit Union
Credit Union: Well Capitalized Elko, Nevada 14768.0 $165 million Well Capitalized