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Freestone Credit Union Share
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Overview Share
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Freestone Credit Union is a federally insured state credit union based in Teague, Texas. It has been opened since 1952, for 70 years.

With around $40,580,000 in assets, Freestone Credit Union is considered to be an average size credit union. It has 3 branches and 3 ATM locations.

About Share
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Address P.O. Box 210
Teague, Texas 75860
Website http://www.freestonecu.org
Phone (254) 739-2594
Fax (254) 739-3371
CEO Deanne Harris
President of the Board Nancy Roberts
Services Offered
Score Card Share
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70 years
Years in business
Opened in 1952
Well Capitalized
Net worth classification
Source: NCUA
4,224 members
Membership type: State chartered natural person credit union
Average number of members
222:1
Credit union member to staff ratio
222 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$40,575,938
Total assets
Average size
3 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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3 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
Freestone Credit Union Branch Locations

Freestone Credit Union Branch Office
480 E. Main Street
Fairfield, Texas 75840
ATM Available
Freestone Credit Union Office
613 Main Street
Teague, Texas 75860
ATM Available
Freestone Credit Union Branch Office At Nucor Steel
8812 U. S. Highway 79 W.
Jewett, Texas 75846
ATM Available
Members Share
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4,224 members
Membership type: State chartered natural person credit union
Average number of members

With 4,224 members, the Freestone Credit Union is considered to be a medium size credit union. It is larger than 53% of credit unions.

Fees Share
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$118
Average fee per member
The average fee per member at the Freestone Credit Union is $118, which is very high compared to most credit unions. This rate is higher than 91% 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 Freestone Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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222:1
Credit union member to staff ratio
222 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
19 staff members
FTE (full-time equivalent)
10% of employees are part-time
18 full-time, 2 part-time

Freestone Credit Union has 18 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 90% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Freestone Credit Union has around 222 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$40,575,938
Total assets
Average size
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.
10.3%
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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$15,226
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 81% of credit unions.

Freestone Credit Union holds a total of $25,260,000 in loans and leases, which is about $15,226 per member on average.

Savings interest rate Share
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0.05%
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. Freestone Credit Union pays 0.05%.

Loan rates Share
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9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
10.90%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.86%
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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4.49%
New car loan rate
Compared to 4.0% nationally
7.20%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.56%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
9.00%
Other real estate loan rates
Compared to 0.9% nationally

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Freestone Credit Union Office ATM
Credit Union ATM: 613 Main Street
Teague, Texas 75860
Freestone Credit Union Branch Office
Credit Union Branch: 480 E. Main Street
Fairfield, Texas 75840 ATM Available
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.
Freestone Credit Union Office
Credit Union Branch: 613 Main Street
Teague, Texas 75860 ATM Available
Freestone Credit Union Branch Office At Nucor Steel ATM
Credit Union ATM: 8812 U. S. Highway 79 W.
Jewett, Texas 75846
Freestone Credit Union Branch Office At Nucor Steel
Credit Union Branch: 8812 U. S. Highway 79 W.
Jewett, Texas 75846 ATM Available
Sunlight Federal Credit Union (Worland Office) ATM
Credit Union ATM: 480 E. Main Street
Fairfield, Texas 75840