Home
Contents
Explore
Search

Methodist Hospital Employees Credit Union

Overview
Back to Top

Methodist Hospital Employees Credit Union is a federal credit union based in Dallas, Texas. It has been opened since 1952, for 68 years.

With around $8,940,000 in assets, Methodist Hospital Employees Credit Union is considered to be a medium size credit union.

About
Address P. O. Box 655999
Dallas, Texas 75265
Website http://www.mhcu.net
Phone (214) 947-1365
Fax (214) 947-1360
CEO Molly Hinkley
President of the Board William Couture
Services Offered
Map
Back to Top
Score Card
Back to Top
68 years
Years in business
Opened in 1952
Well Capitalized
Net worth classification
Source: NCUA
2,088 members
Membership type: Multiple common bond – primary health care
Below average number of members
597:1
Credit union member to staff ratio
597 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$8,944,815
Total assets
Below average
2 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
Branches
Back to Top
2 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
Methodist Hospital Employees Credit Union Branch Locations

Methodist Hospital Employees Credit Union: Main Office
1441 North Beckley Avenue
Dallas, Texas 75203
No ATM
Methodist Hospital Employees Credit Union: Charlton Branch
3500 W. Wheatland Road
3rd Floor
Dallas, Texas 75237
No ATM
Members
Back to Top
2,088 members
Membership type: Multiple common bond – primary health care
Below average number of members

With 2,088 members, the Methodist Hospital Employees Credit Union is considered to be a small credit union. It is smaller than 64% of credit unions.

Fees
Back to Top
$77
Average fee per member
The average fee per member at the Methodist Hospital Employees Credit Union is $77, which is high compared to most credit unions. This rate is higher than 72% of all credit unions.
Fees are higher 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 Methodist Hospital Employees Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
597:1
Credit union member to staff ratio
597 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
4 staff members
FTE (full-time equivalent)
25% of employees are part-time
3 full-time, 1 part-time

Methodist Hospital Employees Credit Union has 3 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 75% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Methodist Hospital Employees Credit Union has around 597 members per staff, a high ratio compared to other credit unions.

Assets
Back to Top
$8,944,815
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.
9.6%
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
$4,719
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 91% of credit unions.

Methodist Hospital Employees Credit Union holds a total of $3,460,000 in loans and leases, which is about $4,719 per member on average.

Savings interest rate
Back to Top
0.05%
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. Methodist Hospital Employees Credit Union pays 0.05%.

Loan rates
Back to Top
12.82%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
9.35%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
4.73%
New car loan rate
Compared to 4.0% nationally
6.25%
Used car loan rate
Compared to 5.2% nationally