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First Miami University Student Credit Union
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First Miami University Student Credit Union Share
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Overview Share
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First Miami University Student Credit Union is a federal credit union based in Oxford, Ohio. It has been opened since 1988, for 34 years.

With around $570,000 in assets, First Miami University Student Credit Union is considered to be a small credit union.

About Share
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Address 2011 Armstrong Student Center, 550
Oxford, Ohio 45056
Website http://www.fmscu.org
Phone (513) 529-1251
Fax (513) 529-1988
CEO Bobby E. Coley
President of the Board William Mcnamara
Services Offered
Score Card Share
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34 years
Years in business
Opened in 1988
Well Capitalized
Net worth classification
Source: NCUA
781 members
Membership type: Associational – other than faith or fraternal based
Below average number of members
781:1
Credit union member to staff ratio
781 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$566,575
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 3 in Ohio
Average number of branches
0.14%
Savings interest rate
Compared to 0.3% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 3 in Ohio
Average number of branches
First Miami University Student Credit Union Branch Locations

First Miami University Student Credit Union: First Miami Student Credit Union
2011 Armstrong Student Center
550 E. Spring Street
Oxford, Ohio 45056
No ATM
Members Share
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781 members
Membership type: Associational – other than faith or fraternal based
Below average number of members

With 781 members, the First Miami University Student Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 84% of credit unions.

Fees Share
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$13
Average fee per member
The average fee per member at the First Miami University Student Credit Union is $13, which is low compared to most credit unions. This rate is lower than 79% 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 First Miami University Student Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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781:1
Credit union member to staff ratio
781 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
1 staff members
FTE (full-time equivalent)
0% of employees are part-time
1 full-time, 0 part-time

First Miami University Student Credit Union has 1 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. First Miami University Student Credit Union has around 781 members per staff, a high ratio compared to other credit unions.

Assets Share
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$566,575
Total assets
Below average
Net worth Share
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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.
41.1%
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 Share
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$486
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 100% of credit unions.

First Miami University Student Credit Union holds a total of $200,000 in loans and leases, which is about $486 per member on average.

Savings interest rate Share
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0.14%
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. First Miami University Student Credit Union pays 0.14%.

Loan rates Share
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9.51%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally

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550 E. Spring Street
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