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Sterling United Credit Union

Overview
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Sterling United Credit Union is a federal credit union based in Evansville, Indiana. It has been opened since 1956, for 64 years.

With around $66,560,000 in assets, Sterling United Credit Union is considered to be a large credit union. It has 3 branches and 4 ATM locations.

About
Address 1330 W. Franklin Street
Evansville, Indiana 47710
Website http://www.sufcu.org
Phone (812) 425-0111
Fax (812) 425-9226
CEO Daniel Bullock
President of the Board Greg Williams
Services Offered
Map
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Score Card
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64 years
Years in business
Opened in 1956
Well Capitalized
Net worth classification
Source: NCUA
10,203 members
Membership type: Community credit union
Above average number of members
444:1
Credit union member to staff ratio
444 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$66,562,491
Total assets
Above average
3 branches
Compared with an average of 4 nationally and 3 in Indiana
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
9.40%
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
Sterling United Credit Union Branch Locations

Sterling United Credit Union: Vogel Road
5727 Vogel Road
Evansville, Indiana 47715
ATM Available
Sterling United Credit Union: Atlas Office
1212 Saint George Road
Evansville, Indiana 47711
ATM Available
Sterling United Credit Union: Operations Office
1118 W. Franklin Street
Evansville, Indiana 47710
No ATM
Sterling United Credit Union: Sterling Office
1330 W. Franklin Street
Evansville, Indiana 47710
ATM Available
Members
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10,203 members
Membership type: Community credit union
Above average number of members

With 10,203 members, the Sterling United Credit Union is considered to be a large credit union. It is larger than 71% of credit unions.

Fees
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$40
Average fee per member
The average fee per member at the Sterling United Credit Union is $40, which is comparable to most credit unions. This rate is lower than 57% of all credit unions.
Fees are 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 Sterling United Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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444:1
Credit union member to staff ratio
444 per each FTE employee
Compared to 411:1 nationally
Fewer staff
23 staff members
FTE (full-time equivalent)
0% of employees are part-time
23 full-time, 0 part-time

Sterling United Credit Union has 23 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. Sterling United Credit Union has around 444 members per staff, a higher ratio compared to other credit unions.

Assets
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$66,562,491
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.
11.0%
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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$10,948
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 57% of credit unions.

Sterling United Credit Union holds a total of $45,760,000 in loans and leases, which is about $10,948 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. Sterling United Credit Union pays 0.10%.

Loan rates
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9.40%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
12.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
2.25%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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2.70%
New car loan rate
Compared to 4.0% nationally
2.75%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
2.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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