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Monarch Credit Union Share
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Overview Share
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Monarch Credit Union is a federal credit union based in Miamisburg, Ohio. It has been opened since 1936, for 86 years.

With around $9,480,000 in assets, Monarch Credit Union is considered to be a medium size credit union.

About Share
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Address 170 Monarch Lane
Miamisburg, Ohio 45342
Website http://www.monarchfcu.org
Phone (937) 865-2274
Fax (937) 865-6676
CEO Douglas P. Hemmelgarn
President of the Board Greg Griffin
Services Offered
Score Card Share
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86 years
Years in business
Opened in 1936
Well Capitalized
Net worth classification
Source: NCUA
1,027 members
Membership type: Manufacturing – all other
Below average number of members
514:1
Credit union member to staff ratio
514 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$9,477,072
Total assets
Below average
0 branches
Compared with an average of 4 nationally and 3 in Ohio
Above average number of branches
0.70%
Savings interest rate
Compared to 0.3% nationally
Branches Share
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0 branches
Compared with an average of 4 nationally and 3 in Ohio
Above average number of branches
Monarch Credit Union Branch Locations

Monarch Federal Credit Union
170 Monarch Lane
Miamisburg, Ohio 45342
No ATM
Monarch Federal Credit Union
170 Monarch Lane
Miamisburg, Ohio 45342
No ATM
Members Share
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1,027 members
Membership type: Manufacturing – all other
Below average number of members

With 1,027 members, the Monarch Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 80% of credit unions.

Fees Share
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$25
Average fee per member
The average fee per member at the Monarch Credit Union is $25, which is low compared to most credit unions. This rate is lower than 69% 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 Monarch Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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514:1
Credit union member to staff ratio
514 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
2 staff members
FTE (full-time equivalent)
0% of employees are part-time
2 full-time, 0 part-time

Monarch Credit Union has 2 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Monarch Credit Union has around 514 members per staff, a high ratio compared to other credit unions.

Assets Share
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$9,477,072
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.
22.1%
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 Share
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$8,286
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 67% of credit unions.

Monarch Credit Union holds a total of $5,460,000 in loans and leases, which is about $8,286 per member on average.

Savings interest rate Share
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0.70%
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. Monarch Credit Union pays 0.70%.

Loan rates Share
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11.95%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.27%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.73%
New car loan rate
Compared to 4.0% nationally
5.49%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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6.75%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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