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Mattel Credit Union

Overview
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Mattel Credit Union is a federal credit union based in El Segundo, California. It has been opened since 1952, for 68 years.

With around $25,220,000 in assets, Mattel Credit Union is considered to be an average size credit union. It has 1 branches and 3 ATM locations.

About
Address 333 Continental Boulevard
EL Segundo, California 90245
Website http://www.mattelfcu.org
Phone (310) 252-4545
Fax (310) 252-3819
CEO Jon Hernandez
President of the Board Randy Hollis
Services Offered
Map
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Score Card
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68 years
Years in business
Opened in 1952
Well Capitalized
Net worth classification
Source: NCUA
2,471 members
Membership type: Multiple common bond – primary other manufacturing
Average number of members
449:1
Credit union member to staff ratio
449 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$25,224,155
Total assets
Average size
1 branch
Compared with an average of 4 nationally and 5 in California
Average number of branches
0.02%
Savings interest rate
Compared to 0.3% nationally
12.40%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 5 in California
Average number of branches
Mattel Credit Union Branch Locations

Mattel Credit Union: Mattel El Segundo
333 Continental Boulevard
EL Segundo, California 90245
ATM Available
Members
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2,471 members
Membership type: Multiple common bond – primary other manufacturing
Average number of members

With 2,471 members, the Mattel Credit Union is considered to be a medium size credit union. It is larger than 40% of credit unions.

Fees
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$29
Average fee per member
The average fee per member at the Mattel Credit Union is $29, which is low compared to most credit unions. This rate is lower than 66% 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 Mattel Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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449:1
Credit union member to staff ratio
449 per each FTE employee
Compared to 411:1 nationally
Fewer staff
6 staff members
FTE (full-time equivalent)
17% of employees are part-time
5 full-time, 1 part-time

Mattel Credit Union has 5 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 83% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Mattel Credit Union has around 449 members per staff, a higher ratio compared to other credit unions.

Assets
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$25,224,155
Total assets
Average size
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.
9.9%
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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$17,327
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 87% of credit unions.

Mattel Credit Union holds a total of $14,400,000 in loans and leases, which is about $17,327 per member on average.

Savings interest rate
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0.02%
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. Mattel Credit Union pays 0.02%.

Loan rates
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12.40%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
12.17%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.31%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.84%
New car loan rate
Compared to 4.0% nationally
5.32%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.60%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.86%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally