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Outreach Community Credit Union

Overview
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Outreach Community Credit Union is a federal credit union based in Hermitage, Tennessee. It has been opened since 1953, for 67 years.

With around $22,630,000 in assets, Outreach Community Credit Union is considered to be an average size credit union. It has 3 branches and 2 ATM locations.

About
Address 3904 Central Pike
Hermitage, Tennessee 37076
Website http://www.outreachcu.com
Phone (615) 883-4019
Fax (615) 883-4576
CEO Connie S. Anderson
President of the Board Donald Jones
Services Offered
Map
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Score Card
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67 years
Years in business
Opened in 1953
Well Capitalized
Net worth classification
Source: NCUA
2,013 members
Membership type: Community credit union
Below average number of members
310:1
Credit union member to staff ratio
310 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$22,631,472
Total assets
Average size
3 branches
Compared with an average of 4 nationally and 3 in Tennessee
Above average number of branches
0.20%
Savings interest rate
Compared to 0.3% nationally
8.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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3 branches
Compared with an average of 4 nationally and 3 in Tennessee
Above average number of branches
Outreach Community Credit Union Branch Locations

Outreach Community Federal Credit Union
3904 Central Pike
Hermitage, Tennessee 37076
ATM Available
Outreach Community Federal Credit Union
3904 Central Pike
Hermitage, Tennessee 37076
No ATM
Members
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2,013 members
Membership type: Community credit union
Below average number of members

With 2,013 members, the Outreach Community Credit Union is considered to be a small credit union. It is smaller than 65% of credit unions.

Fees
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$90
Average fee per member
The average fee per member at the Outreach Community Credit Union is $90, which is high compared to most credit unions. This rate is higher than 80% 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 Outreach Community Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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310:1
Credit union member to staff ratio
310 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
6 staff members
FTE (full-time equivalent)
38% of employees are part-time
5 full-time, 3 part-time

Outreach Community Credit Union has 5 full-time staff members and 3 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 62% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Outreach Community Credit Union has around 310 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
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$22,631,472
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.
13.1%
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
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$9,615
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 45% of credit unions.

Outreach Community Credit Union holds a total of $12,930,000 in loans and leases, which is about $9,615 per member on average.

Savings interest rate
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0.20%
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. Outreach Community Credit Union pays 0.20%.

Loan rates
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8.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
8.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.99%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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2.49%
New car loan rate
Compared to 4.0% nationally
3.99%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.25%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
4.25%
Other real estate loan rates
Compared to 0.9% nationally
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Credit Card Loan Interest Rate
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