Home
Contents
Explore
Search

Hamilton Credit Union

Overview
Back to Top

Hamilton Credit Union is a federal credit union based in Novato, California. It has been opened since 1954, for 66 years.

With around $20,780,000 in assets, Hamilton Credit Union is considered to be a medium size credit union. It has 1 branches and 1 ATM locations.

About
Address 11 Digital Drive Suite D.
Novato, California 94949
Website http://www.hamiltonfcu.com
Phone (415) 883-5957
Fax (415) 883-2843
CEO Charlene M. Moffett
President of the Board Larry Rengstorf
Services Offered
Map
Back to Top
Score Card
Back to Top
66 years
Years in business
Opened in 1954
Well Capitalized
Net worth classification
Source: NCUA
1,462 members
Membership type: Community credit union
Below average number of members
325:1
Credit union member to staff ratio
325 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$20,781,351
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 5 in California
Average number of branches
0.19%
Savings interest rate
Compared to 0.3% nationally
11.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
1 branch
Compared with an average of 4 nationally and 5 in California
Average number of branches
Hamilton Credit Union Branch Locations

Hamilton Federal Credit Union
11 Digital Drive Suite D.
Novato, California 94949
ATM Available
Members
Back to Top
1,462 members
Membership type: Community credit union
Below average number of members

With 1,462 members, the Hamilton Credit Union is considered to be a small credit union. It is smaller than 73% of credit unions.

Fees
Back to Top
$10
Average fee per member
The average fee per member at the Hamilton Credit Union is $10, which is very low compared to most credit unions. This rate is lower than 82% 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 Hamilton Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
325:1
Credit union member to staff ratio
325 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
4 staff members
FTE (full-time equivalent)
50% of employees are part-time
3 full-time, 3 part-time

Hamilton Credit Union has 3 full-time staff members and 3 part-time staff members. The staff is comprised of part-time and full-time staff, with part-time staff approximately 50% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Hamilton Credit Union has around 325 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
Back to Top
$20,781,351
Total assets
Below average
Net worth
Back to Top
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.
14.1%
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
Back to Top
$24,668
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 95% of credit unions.

Hamilton Credit Union holds a total of $7,380,000 in loans and leases, which is about $24,668 per member on average.

Savings interest rate
Back to Top
0.19%
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. Hamilton Credit Union pays 0.19%.

Loan rates
Back to Top
11.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
12.42%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
12.42%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
3.00%
New car loan rate
Compared to 4.0% nationally
3.75%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
5.05%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.05%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
Peoples Ind Church Credit Union
Location
Los Angeles, California
Members
99
Assets
Net Worth Classification
Adequately Capitalized
Average Fee
Read More
C & H Sugar Employees Credit Union
Location
Crockett, California
Members
957
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Employees Choice Credit Union
Location
EL Cajon, California
Members
1199
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
9.90%
Read More
Glendale Area Schools Credit Union
Location
Glendale, California
Members
11,316
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
11.90%
Read More
U.P.S. Employees Credit Union
Location
Ontario, California
Members
5,544
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
10.50%
Read More
American First Credit Union
Location
Brea, California
Members
38,477
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
11.20%
Read More