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Everence Credit Union

Overview
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Everence Credit Union is a federal credit union based in Lancaster, Pennsylvania. It has been opened since 1955, for 65 years.

With around $195,280,000 in assets, Everence Credit Union is considered to be a very large credit union. It has 10 branches and 8 ATM locations.

About
Address 2160 Lincoln Highway E. Suite 20
Lancaster, Pennsylvania 17602
Website http://www.everence.com
Phone (800) 451-5719
Fax (717) 735-8331
CEO W. Kent Hartzler
President of the Board Jonathan Hofstetter
Services Offered
Map
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Score Card
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65 years
Years in business
Opened in 1955
Well Capitalized
Net worth classification
Source: NCUA
18,561 members
Membership type: Multiple common bond – primary faith based
Above average number of members
320:1
Credit union member to staff ratio
320 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$195,277,277
Total assets
Above average
10 branches
Compared with an average of 4 nationally and 3 in Pennsylvania
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
10.54%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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10 branches
Compared with an average of 4 nationally and 3 in Pennsylvania
Above average number of branches
Everence Credit Union Branch Locations

Everence Credit Union: Lincoln Highway
2160 Lincoln Highway E. Suite 15
Lancaster, Pennsylvania 17602
ATM Available
Everence Credit Union: Sarasota
3407 Bahia Vista Street
Sarasota, Florida 34239
ATM Available
Everence Credit Union: Belleville
4417 E. Main Street
Belleville, Pennsylvania 17004
ATM Available
Everence Credit Union: Mount Joy
962 E. Main Street
Mount Joy, Pennsylvania 17552
ATM Available
Everence Credit Union: Administrative Center
2160 Lincoln Highway E. Suite 20
Lancaster, Pennsylvania 17602
No ATM
Everence Credit Union: Goshen
1110 North Main Street
Goshen, Indiana 46528
No ATM
Everence Credit Union: Ephrata
1022 Sharp Avenue
Ephrata, Pennsylvania 17522
ATM Available
Everence Credit Union: Harrisonburg
841 Mount Clinton Pike Suite B.
Harrisonburg, Virginia 22802
ATM Available
Everence Credit Union: Kidron
4136 Kidron Road
Dalton, Ohio 44618
ATM Available
Everence Credit Union: Goshen - College Avenue
1301 College Avenue
Goshen, Indiana 46526
ATM Available
Members
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18,561 members
Membership type: Multiple common bond – primary faith based
Above average number of members

With 18,561 members, the Everence Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 81% of credit unions.

Fees
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$33
Average fee per member
The average fee per member at the Everence Credit Union is $33, which is low compared to most credit unions. This rate is lower than 63% 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 Everence Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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320:1
Credit union member to staff ratio
320 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
58 staff members
FTE (full-time equivalent)
29% of employees are part-time
48 full-time, 20 part-time

Everence Credit Union has 48 full-time staff members and 20 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 71% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Everence Credit Union has around 320 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
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$195,277,277
Total assets
Above 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.
9.8%
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
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$13,873
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 75% of credit unions.

Everence Credit Union holds a total of $140,600,000 in loans and leases, which is about $13,873 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. Everence Credit Union pays 0.10%.

Loan rates
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10.54%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.57%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.62%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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2.50%
New car loan rate
Compared to 4.0% nationally
4.52%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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5.12%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.98%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
5.74%
Other real estate loan rates
Compared to 0.9% nationally
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