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Partners 1st Credit Union

Overview
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Partners 1st Credit Union is a federal credit union based in Fort Wayne, Indiana. It has been opened since 1952, for 68 years.

With around $362,210,000 in assets, Partners 1st Credit Union is considered to be a very large credit union. It has 24 branches and 20 ATM locations.

About
Address 1330 Directors Row
Fort Wayne, Indiana 46808
Website https://o.partners1stcu.org/index.h
Phone (260) 471-8336
Fax (260) 471-7643
CEO Carla C. Bienz
President of the Board Dennis Baumgartner
Services Offered
Map
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Score Card
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68 years
Years in business
Opened in 1952
Well Capitalized
Net worth classification
Source: NCUA
38,030 members
Membership type: Multiple common bond – primary other manufacturing
Above average number of members
237:1
Credit union member to staff ratio
237 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$362,211,266
Total assets
Above average
24 branches
Compared with an average of 4 nationally and 3 in Indiana
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
10.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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24 branches
Compared with an average of 4 nationally and 3 in Indiana
Above average number of branches
Partners 1st Credit Union Branch Locations

Partners 1st Credit Union: Partners 1st Federal Credit Union, Br. 78
567 James Madison Highway
Culpeper, Virginia 22701
ATM Available
Partners 1st Credit Union: Partners 1st Federal Credit Union, Br. 55
408 W. Gordon Avenue Suite H.
Gordonsville, Virginia 22942
No ATM
Partners 1st Credit Union: Partners 1st Federal Credit Union, Br. 92
558 W. Main Street Suite C.
Stanley, Virginia 22851
ATM Available
Partners 1st Credit Union: Partners 1st Federal Credit Union, Br. 52
6210 W. Jefferson Boulevard
Fort Wayne, Indiana 46804
ATM Available
Partners 1st Credit Union: Partners 1st Federal Credit Union, Br. 41
200 Franklin Square Drive
C/O Philips Lighting
Somerset, New Jersey 08873
No ATM
Partners 1st Credit Union: Partners 1st Federal Credit Union, Br. 70
C/O Philips Consumer Electronics
13560 Morris Road Suite 1410
Alpharetta, Georgia 30004
No ATM
Partners 1st Credit Union: Partners 1st Federal Credit Union, Br. 73
120 Dawson Drive
C/O American Woodmark
Winchester, Virginia 22602
ATM Available
Members
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38,030 members
Membership type: Multiple common bond – primary other manufacturing
Above average number of members

With 38,030 members, the Partners 1st Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 89% of credit unions.

Fees
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$115
Average fee per member
The average fee per member at the Partners 1st Credit Union is $115, which is very high compared to most credit unions. This rate is higher than 90% 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 Partners 1st Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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237:1
Credit union member to staff ratio
237 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
160 staff members
FTE (full-time equivalent)
24% of employees are part-time
139 full-time, 43 part-time

Partners 1st Credit Union has 139 full-time staff members and 43 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 76% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Partners 1st Credit Union has around 237 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets
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$362,211,266
Total assets
Above average
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.
11.8%
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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$9,908
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 48% of credit unions.

Partners 1st Credit Union holds a total of $220,140,000 in loans and leases, which is about $9,908 per member on average.

Savings interest rate
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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. Partners 1st Credit Union pays 0.05%.

Loan rates
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10.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.25%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.49%
New car loan rate
Compared to 4.0% nationally
5.49%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.50%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.12%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally