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Ok Credit Union

Overview
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Ok Credit Union is a federal credit union based in Bartlesville, Oklahoma. It has been opened since 1955, for 65 years.

With around $21,140,000 in assets, Ok Credit Union is considered to be an average size credit union.

About
Address 3900 SE Adams Road
Bartlesville, Oklahoma 74006
Website http://www.okfcu.org
Phone (918) 335-1844
Fax (918) 335-2058
CEO James L. Franks
President of the Board Milton Fielder
Services Offered
Map
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Score Card
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65 years
Years in business
Opened in 1955
Well Capitalized
Net worth classification
Source: NCUA
3,290 members
Membership type: Multiple common bond – primary communications and utilities
Average number of members
548:1
Credit union member to staff ratio
548 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$21,139,622
Total assets
Average size
1 branch
Compared with an average of 4 nationally and 4 in Oklahoma
Average number of branches
0.18%
Savings interest rate
Compared to 0.3% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 4 in Oklahoma
Average number of branches
Ok Credit Union Branch Locations

Ok Credit Union: Main
3900 SE Adams Road
Bartlesville, Oklahoma 74006
No ATM
Members
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3,290 members
Membership type: Multiple common bond – primary communications and utilities
Average number of members

With 3,290 members, the Ok Credit Union is considered to be a medium size credit union. It is larger than 47% of credit unions.

Fees
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$47
Average fee per member
The average fee per member at the Ok Credit Union is $47, which is comparable to most credit unions. This rate is lower than 51% of all credit unions.
Fees are 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 Ok Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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548:1
Credit union member to staff ratio
548 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
6 staff members
FTE (full-time equivalent)
0% of employees are part-time
6 full-time, 0 part-time

Ok Credit Union has 6 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. Ok Credit Union has around 548 members per staff, a high ratio compared to other credit unions.

Assets
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$21,139,622
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.
10.3%
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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$10,772
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 56% of credit unions.

Ok Credit Union holds a total of $12,270,000 in loans and leases, which is about $10,772 per member on average.

Savings interest rate
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0.18%
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. Ok Credit Union pays 0.18%.

Loan rates
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13.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
7.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.20%
New car loan rate
Compared to 4.0% nationally
4.25%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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6.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
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Location
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Members
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Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
9.90%
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Average Fee
Credit Card Loan Interest Rate
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Average Fee
Credit Card Loan Interest Rate
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Average Fee
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Members
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Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
12.94%
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