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Primetrust Financial Credit Union

Overview
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Primetrust Financial Credit Union is a federal credit union based in Muncie, Indiana. It has been opened since 1935, for 85 years.

With around $158,700,000 in assets, Primetrust Financial Credit Union is considered to be a large credit union. It has 3 branches and 3 ATM locations.

About
Address 3700 W. Bethel Avenue
Muncie, Indiana 47304
Website http://www.primetrustcu.com
Phone (765) 289-2148
Fax (765) 282-4676
CEO Jeffrey Sikora
President of the Board Jeffrey Carter
Services Offered
Map
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Score Card
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85 years
Years in business
Opened in 1935
Well Capitalized
Net worth classification
Source: NCUA
17,597 members
Membership type: Community credit union
Above average number of members
269:1
Credit union member to staff ratio
269 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$158,702,204
Total assets
Above average
3 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
11.23%
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 Indiana
Above average number of branches
Primetrust Financial Credit Union Branch Locations

Primetrust Financial Federal Credit Union
4018 North Broadway Avenue
Muncie, Indiana 47303
ATM Available
Primetrust Financial Federal Credit Union
3230 S. Madison Street
Muncie, Indiana 47302
ATM Available
Primetrust Financial Federal Credit Union
3700 W. Bethel Avenue
Muncie, Indiana 47304
ATM Available
Members
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17,597 members
Membership type: Community credit union
Above average number of members

With 17,597 members, the Primetrust Financial Credit Union is considered to be a large credit union. It is larger than 80% of credit unions.

Fees
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$106
Average fee per member
The average fee per member at the Primetrust Financial Credit Union is $106, which is very high compared to most credit unions. This rate is higher than 87% 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 Primetrust Financial Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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269:1
Credit union member to staff ratio
269 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
66 staff members
FTE (full-time equivalent)
13% of employees are part-time
61 full-time, 9 part-time

Primetrust Financial Credit Union has 61 full-time staff members and 9 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 87% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Primetrust Financial Credit Union has around 269 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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$158,702,204
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.
9.8%
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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$10,321
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 52% of credit unions.

Primetrust Financial Credit Union holds a total of $114,450,000 in loans and leases, which is about $10,321 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. Primetrust Financial Credit Union pays 0.05%.

Loan rates
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11.23%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
7.57%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.22%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.50%
New car loan rate
Compared to 4.0% nationally
3.75%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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5.25%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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