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Public Service H C Employees Credit Union

Overview
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Public Service H C Employees Credit Union is a federal credit union based in Brick, New Jersey. It has been opened since 1953, for 67 years.

With around $8,540,000 in assets, Public Service H C Employees Credit Union is considered to be a medium size credit union.

About
Address Po Box 7
Brick, New Jersey 08723
Phone (888) 606-8877
Fax (888) 606-8877
CEO Edward B. Sullivan
President of the Board Richard Taylor Jr.
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
960 members
Membership type: Service – communications and utilities
Below average number of members
640:1
Credit union member to staff ratio
640 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$8,541,086
Total assets
Below average
0 branches
Compared with an average of 4 nationally and 2 in New Jersey
Above average number of branches
0.62%
Savings interest rate
Compared to 0.3% nationally
Branches
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0 branches
Compared with an average of 4 nationally and 2 in New Jersey
Above average number of branches
Public Service H C Employees Credit Union Branch Locations
Members
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960 members
Membership type: Service – communications and utilities
Below average number of members

With 960 members, the Public Service H C Employees Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 81% of credit unions.

Fees
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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 Public Service H C Employees Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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640:1
Credit union member to staff ratio
640 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
2 staff members
FTE (full-time equivalent)
50% of employees are part-time
1 full-time, 1 part-time

Public Service H C Employees Credit Union has 1 full-time staff members and 1 part-time staff members. The staff is comprised of part-time and full-time staff, with part-time staff approximately 50% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Public Service H C Employees Credit Union has around 640 members per staff, a high ratio compared to other credit unions.

Assets
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$8,541,086
Total assets
Below 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.
28.9%
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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$7,772
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 72% of credit unions.

Public Service H C Employees Credit Union holds a total of $1,730,000 in loans and leases, which is about $7,772 per member on average.

Savings interest rate
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0.62%
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. Public Service H C Employees Credit Union pays 0.62%.

Loan rates
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11.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Mortgage rates
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7.38%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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Credit Card Loan Interest Rate
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