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First Security Credit Union Share
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Overview Share
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First Security Credit Union is a federally insured state credit union based in Lincolnwood, Illinois. It has been opened since 1930, for 92 years.

With around $5,770,000 in assets, First Security Credit Union is considered to be a small credit union.

About Share
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Address 7161 North Cicero Avenue Suite 202
Lincolnwood, Illinois 60712
Website http://www.firstsecurity-creditunio
Phone (847) 933-3305
Fax (847) 933-9885
CEO Dennis A. Fisher
President of the Board Henry Mau
Services Offered
Score Card Share
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92 years
Years in business
Opened in 1930
Well Capitalized
Net worth classification
Source: NCUA
696 members
Membership type: State chartered natural person credit union
Below average number of members
348:1
Credit union member to staff ratio
348 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$5,765,491
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 2 in Illinois
Average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 2 in Illinois
Average number of branches
First Security Credit Union Branch Locations

First Security Credit Union
7161 North Cicero Avenue Suite 202
Lincolnwood, Illinois 60712
No ATM
Members Share
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696 members
Membership type: State chartered natural person credit union
Below average number of members

With 696 members, the First Security Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 86% of credit unions.

Fees Share
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$25
Average fee per member
The average fee per member at the First Security Credit Union is $25, which is low compared to most credit unions. This rate is lower than 69% 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 Security Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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348:1
Credit union member to staff ratio
348 per each FTE employee
Compared to 411:1 nationally
Average number of staff
2 staff members
FTE (full-time equivalent)
0% of employees are part-time
2 full-time, 0 part-time

First Security Credit Union has 2 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 Security Credit Union has around 348 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets Share
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$5,765,491
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.
7.7%
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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$8,460
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 66% of credit unions.

First Security Credit Union holds a total of $3,870,000 in loans and leases, which is about $8,460 per member on average.

Savings interest rate Share
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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. First Security Credit Union pays 0.10%.

Loan rates Share
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8.12%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.25%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.94%
New car loan rate
Compared to 4.0% nationally
8.48%
Used car loan rate
Compared to 5.2% nationally

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