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Port Arthur Teachers Credit Union

Overview
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Port Arthur Teachers Credit Union is a federal credit union based in Port Arthur, Texas. It has been opened since 1953, for 67 years.

With around $34,940,000 in assets, Port Arthur Teachers Credit Union is considered to be an average size credit union.

About
Address 3001 Jimmy Johnson Boulevard
Port Arthur, Texas 77642
Website http://www.patfcu.org
Phone (409) 729-3075
Fax (409) 729-7575
CEO Cindy H. Drummond
President of the Board Dwight Wagner
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
3,623 members
Membership type: Community credit union
Average number of members
329:1
Credit union member to staff ratio
329 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$34,939,465
Total assets
Average size
2 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
0.15%
Savings interest rate
Compared to 0.3% nationally
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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2 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
Port Arthur Teachers Credit Union Branch Locations

Port Arthur Teachers Federal Credit Union
3001 Jimmy Johnson Boulevard
Port Arthur, Texas 77642
No ATM
Port Arthur Teachers Federal Credit Union - Memorial High School
3501 S/Sgt Lucian Adams Drive
Port Arthur, Texas 77642
No ATM
Members
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3,623 members
Membership type: Community credit union
Average number of members

With 3,623 members, the Port Arthur Teachers Credit Union is considered to be a medium size credit union. It is larger than 50% of credit unions.

Fees
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$95
Average fee per member
The average fee per member at the Port Arthur Teachers Credit Union is $95, which is very high compared to most credit unions. This rate is higher than 82% 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 Port Arthur Teachers Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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329:1
Credit union member to staff ratio
329 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
11 staff members
FTE (full-time equivalent)
17% of employees are part-time
10 full-time, 2 part-time

Port Arthur Teachers Credit Union has 10 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 83% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Port Arthur Teachers Credit Union has around 329 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
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$34,939,465
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.
11.4%
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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$6,988
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 78% of credit unions.

Port Arthur Teachers Credit Union holds a total of $10,410,000 in loans and leases, which is about $6,988 per member on average.

Savings interest rate
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0.15%
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. Port Arthur Teachers Credit Union pays 0.15%.

Loan rates
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9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.50%
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
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4.35%
New car loan rate
Compared to 4.0% nationally
5.45%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally