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Korean Catholic Credit Union
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Korean Catholic Credit Union Share
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Overview Share
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Korean Catholic Credit Union is a federal credit union based in Olney, Maryland. It has been opened since 1977, for 45 years.

With around $1,930,000 in assets, Korean Catholic Credit Union is considered to be a small credit union.

About Share
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Address 17615 Old Baltimore Road
Olney, Maryland 20832
Phone (301) 774-8191
Fax (301) 774-8192
CEO Jennifer Seo
President of the Board Brian Kim
Services Offered
Score Card Share
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45 years
Years in business
Opened in 1977
Well Capitalized
Net worth classification
Source: NCUA
361 members
Membership type: Associational – faith based
Below average number of members
361:1
Credit union member to staff ratio
361 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$1,926,485
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 3 in Maryland
Average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 3 in Maryland
Average number of branches
Korean Catholic Credit Union Branch Locations
Members Share
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361 members
Membership type: Associational – faith based
Below average number of members

With 361 members, the Korean Catholic Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 93% of credit unions.

Fees Share
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$15
Average fee per member
The average fee per member at the Korean Catholic Credit Union is $15, which is low compared to most credit unions. This rate is lower than 77% 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 Korean Catholic Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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361:1
Credit union member to staff ratio
361 per each FTE employee
Compared to 411:1 nationally
Average number of staff
1 staff members
FTE (full-time equivalent)
100% of employees are part-time
0 full-time, 2 part-time

Korean Catholic Credit Union has 0 full-time staff members and 2 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. Korean Catholic Credit Union has around 361 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets Share
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$1,926,485
Total assets
Below average
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.
15.4%
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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$12,796
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 69% of credit unions.

Korean Catholic Credit Union holds a total of $1,000,000 in loans and leases, which is about $12,796 per member on average.

Savings interest rate Share
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0.10%
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. Korean Catholic Credit Union pays 0.10%.

Loan rates Share
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10.90%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
Car loan rates Share
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4.00%
New car loan rate
Compared to 4.0% nationally
6.00%
Used car loan rate
Compared to 5.2% nationally

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Similar Credit Unions to Korean Catholic Credit Union

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Korean Catholic Credit Union
Credit Union: Well Capitalized Olney, Maryland 361.0 $2 million Well Capitalized
Korean American Catholics Credit Union: Cusa Technologies
Credit Union Branch: 4897 W. Lake Park Boulevard Suite 200
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Korean American Catholics Credit Union: Korean Amercian Catholics Federal Credit Union
Credit Union Branch: 14419 33rd Avenue
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Korean American Catholics Credit Union
Credit Union: Well Capitalized Flushing, New York 1857.0 $25 million Well Capitalized
Korean American Catholics Federal Credit Union
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Louisiana Catholic Federal Credit Union Branch
Credit Union Branch: 814 Jordan Street
Shreveport, Louisiana 71101 ATM Available
Korean American Catholics Credit Union: Cusa Technologies
Credit Union Branch: 4897 W. Lake Park Boulevard Suite 200
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Louisiana Catholic Federal Credit Union Branch ATM
Credit Union ATM: 814 Jordan Street
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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.
Korean Catholic Credit Union: Korean Catholic Church
Credit Union Branch: 17615 Old Baltimore Road
Olney, Maryland 20832 No ATM