Gideon Credit Union is a federal credit union based in Waukegan, Illinois. It has been opened since 1998, for 24 years.
With around $300,000 in assets, Gideon Credit Union is considered to be a small credit union.
|Address|| 1500 Ridgeland Avenue |
Waukegan, Illinois 60085
|President of the Board||Calvin Carter|
|Services Offered|| |
With 301 members, the Gideon Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 94% of credit unions.
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 Gideon Credit Union. Some credit unions tend to charge more fees, while others charge less.
Gideon Credit Union has 0 full-time staff members and 5 part-time staff members. The staff is predominantly comprised of part-time staff, at approximately 100% of the workforce.
The number of members relative to staff members is an indication of how well staffed the credit union is. Gideon Credit Union has around 120 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.
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.
Gideon Credit Union holds a total of $10,000 in loans and leases, which is about $968 per member on average.