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H A L E Credit Union

Overview
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H A L E Credit Union is a federal credit union based in Indianapolis, Indiana. It has been opened since 1956, for 64 years.

With around $530,000 in assets, H A L E Credit Union is considered to be a small credit union.

About
Address 5745 Lee Road
Indianapolis, Indiana 46216
Phone (317) 630-1341
Fax (317) 630-1410
CEO Daniel D. Fastenau
President of the Board Jill Lennertz
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
278 members
Membership type: Single common bond – other
Below average number of members
$532,277
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 3 in Indiana
Average number of branches
0.25%
Savings interest rate
Compared to 0.3% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 3 in Indiana
Average number of branches
H A L E Credit Union Branch Locations
Members
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278 members
Membership type: Single common bond – other
Below average number of members

With 278 members, the H A L E Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 95% of credit unions.

Fees
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$13
Average fee per member
The average fee per member at the H A L E 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 H A L E Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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0 staff members
FTE (full-time equivalent)
0% of employees are part-time
0 full-time, 0 part-time

H A L E Credit Union has no employees.

Assets
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$532,277
Total assets
Below 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.
27.2%
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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$4,571
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 92% of credit unions.

H A L E Credit Union holds a total of $420,000 in loans and leases, which is about $4,571 per member on average.

Savings interest rate
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0.25%
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. H A L E Credit Union pays 0.25%.

Loan rates
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13.45%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
3.45%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.25%
New car loan rate
Compared to 4.0% nationally
6.98%
Used car loan rate
Compared to 5.2% nationally
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