Opp-Micolas Credit Union is a federally insured state credit union based in Opp, Alabama. It has been opened since 1954, for 68 years.
With around $12,330,000 in assets, Opp-Micolas Credit Union is considered to be a medium size credit union.
|Address|| P.O. Drawer 70 |
Opp, Alabama 36467
|President of the Board||Danny Faulk|
|Services Offered|| |
With 1,875 members, the Opp-Micolas Credit Union is considered to be a small credit union. It is smaller than 67% of credit unions.
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 Opp-Micolas Credit Union. Some credit unions tend to charge more fees, while others charge less.
Opp-Micolas Credit Union has 4 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. Opp-Micolas Credit Union has around 469 members per staff, a higher ratio compared to other credit unions.
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.
Opp-Micolas Credit Union holds a total of $4,150,000 in loans and leases, which is about $10,723 per member on average.
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. Opp-Micolas Credit Union pays 0.25%.