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Monrovia City Employees Credit Union
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Monrovia City Employees Credit Union Share
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Overview Share
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Monrovia City Employees Credit Union is a federal credit union based in Monrovia, California. It has been opened since 1954, for 68 years.

With around $3,350,000 in assets, Monrovia City Employees Credit Union is considered to be a small credit union.

About Share
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Address 415 S. Ivy Avenue
Monrovia, California 91016
Website http://www.mcefcu.virtualcu.net
Phone (626) 303-6615
Fax (626) 303-6614
CEO Beatrice Walker
President of the Board Joe Guarrera
Services Offered
Score Card Share
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68 years
Years in business
Opened in 1954
Well Capitalized
Net worth classification
Source: NCUA
529 members
Membership type: Federal, State, Local Government
Below average number of members
264:1
Credit union member to staff ratio
264 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$3,352,909
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 5 in California
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 5 in California
Above average number of branches
Monrovia City Employees Credit Union Branch Locations

Monrovia City Employees Credit Union: Fedcomp Inc
10300 Eaton Pl Suite 260
Fairfax, Virginia 22030
No ATM
Monrovia City Employees Credit Union: Fedcomp Inc
10300 Eaton Pl Suite 260
Fairfax, Virginia 22030
No ATM
Members Share
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529 members
Membership type: Federal, State, Local Government
Below average number of members

With 529 members, the Monrovia City Employees Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 90% of credit unions.

Fees Share
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$19
Average fee per member
The average fee per member at the Monrovia City Employees Credit Union is $19, which is low compared to most credit unions. This rate is lower than 73% 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 Monrovia City Employees Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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264:1
Credit union member to staff ratio
264 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
2 staff members
FTE (full-time equivalent)
67% of employees are part-time
1 full-time, 2 part-time

Monrovia City Employees Credit Union has 1 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of part-time staff, at approximately 67% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Monrovia City Employees Credit Union has around 264 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
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$3,352,909
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.
13.6%
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 Share
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$9,448
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 44% of credit unions.

Monrovia City Employees Credit Union holds a total of $1,730,000 in loans and leases, which is about $9,448 per member on average.

Savings interest rate Share
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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. Monrovia City Employees Credit Union pays 0.05%.

Loan rates Share
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10.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.00%
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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3.58%
New car loan rate
Compared to 4.0% nationally
4.35%
Used car loan rate
Compared to 5.2% nationally

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Monrovia City Employees Credit Union: Fedcomp Inc
Credit Union Branch: 10300 Eaton Pl Suite 260
Fairfax, Virginia 22030 No ATM
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Fairfax, Virginia 22030 No ATM
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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.
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