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Schofield Credit Union

Overview
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Schofield Credit Union is a federal credit union based in Wahiawa, Hawaii. It has been opened since 1951, for 69 years.

With around $33,240,000 in assets, Schofield Credit Union is considered to be an average size credit union. It has 1 branches and 1 ATM locations.

About
Address Po Box 860669
Wahiawa, Hawaii 96786
Website http://www.schofieldfcu.org
Phone (808) 624-9884
Fax (808) 624-7774
CEO Gary Yonamine
President of the Board Ariel Chun
Services Offered
Map
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Score Card
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69 years
Years in business
Opened in 1951
Well Capitalized
Net worth classification
Source: NCUA
2,373 members
Membership type: Multiple common bond – primary military
Below average number of members
396:1
Credit union member to staff ratio
396 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$33,244,041
Total assets
Average size
1 branch
Compared with an average of 4 nationally and 3 in Hawaii
Average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
Branches
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1 branch
Compared with an average of 4 nationally and 3 in Hawaii
Average number of branches
Schofield Credit Union Branch Locations

Schofield Credit Union: Main Office
Po Box 860669
Wahiawa, Hawaii 96786
ATM Available
Members
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2,373 members
Membership type: Multiple common bond – primary military
Below average number of members

With 2,373 members, the Schofield Credit Union is considered to be a small credit union. It is smaller than 61% of credit unions.

Fees
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$276
Average fee per member
The average fee per member at the Schofield Credit Union is $276, which is very high compared to most credit unions. This rate is higher than 100% 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 Schofield Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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396:1
Credit union member to staff ratio
396 per each FTE employee
Compared to 411:1 nationally
Average number of staff
6 staff members
FTE (full-time equivalent)
0% of employees are part-time
6 full-time, 0 part-time

Schofield Credit Union has 6 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Schofield Credit Union has around 396 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
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$33,244,041
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.
19.0%
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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$32,757
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 98% of credit unions.

Schofield Credit Union holds a total of $15,690,000 in loans and leases, which is about $32,757 per member on average.

Savings interest rate
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0.10%
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. Schofield Credit Union pays 0.10%.

Loan rates
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7.44%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
3.02%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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2.95%
New car loan rate
Compared to 4.0% nationally
4.74%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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2.57%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
2.76%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally