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First Service Credit Union

Overview
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First Service Credit Union is a federal credit union based in Groveport, Ohio. It has been opened since 1956, for 64 years.

With around $160,530,000 in assets, First Service Credit Union is considered to be a large credit union. It has 5 branches and 5 ATM locations.

About
Address 100 Main Street
Groveport, Ohio 43125
Website http://firstcu.com
Phone (614) 836-0100
Fax (614) 836-4578
CEO Jack R. Harper
President of the Board Jim Kozelek
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
17,497 members
Membership type: Community credit union
Above average number of members
417:1
Credit union member to staff ratio
417 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$160,525,545
Total assets
Above average
5 branches
Compared with an average of 4 nationally and 3 in Ohio
Above average number of branches
0.20%
Savings interest rate
Compared to 0.3% nationally
4.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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5 branches
Compared with an average of 4 nationally and 3 in Ohio
Above average number of branches
First Service Credit Union Branch Locations

First Service Credit Union: Groveport
100 Main Street
Groveport, Ohio 43125
ATM Available
First Service Credit Union: Grove City
1660 Holt Road
Columbus, Ohio 43228
ATM Available
First Service Credit Union: Reynoldsburg
7610 E. Main Street
Reynoldsburg, Ohio 43068
ATM Available
First Service Credit Union: Hilliard
2164 Hilliard Rome Road
Hilliard, Ohio 43026
ATM Available
First Service Credit Union: Childrens
255 E. Main Street
Columbus, Ohio 43215
ATM Available
Members
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17,497 members
Membership type: Community credit union
Above average number of members

With 17,497 members, the First Service Credit Union is considered to be a large credit union. It is larger than 80% of credit unions.

Fees
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$68
Average fee per member
The average fee per member at the First Service Credit Union is $68, which is high compared to most credit unions. This rate is higher than 65% 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 First Service Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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417:1
Credit union member to staff ratio
417 per each FTE employee
Compared to 411:1 nationally
Fewer staff
42 staff members
FTE (full-time equivalent)
5% of employees are part-time
41 full-time, 2 part-time

First Service Credit Union has 41 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 95% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. First Service Credit Union has around 417 members per staff, a higher ratio compared to other credit unions.

Assets
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$160,525,545
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.
8.9%
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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$16,564
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 84% of credit unions.

First Service Credit Union holds a total of $108,520,000 in loans and leases, which is about $16,564 per member on average.

Savings interest rate
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0.20%
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 Service Credit Union pays 0.20%.

Loan rates
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4.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.99%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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4.49%
New car loan rate
Compared to 4.0% nationally
4.49%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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5.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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