Home
Contents
Explore
Search

Telco Roswell New Mexico Credit Union

Overview
Back to Top

Telco Roswell New Mexico Credit Union is a federal credit union based in Roswell, New Mexico. It has been opened since 1952, for 68 years.

With around $7,260,000 in assets, Telco Roswell New Mexico Credit Union is considered to be a medium size credit union.

About
Address 110 North Washington Avenue
Roswell, New Mexico 88203
Website http://www.telcoroswell.org
Phone (575) 622-4444
Fax (575) 622-3875
CEO Teri Romero
President of the Board Roy Mcdaniel
Services Offered
Map
Back to Top
Score Card
Back to Top
68 years
Years in business
Opened in 1952
Well Capitalized
Net worth classification
Source: NCUA
1,118 members
Membership type: Multiple common bond – primary communications and utilities
Below average number of members
373:1
Credit union member to staff ratio
373 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$7,255,886
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 3 in New Mexico
Average number of branches
0.30%
Savings interest rate
Compared to 0.3% nationally
Branches
Back to Top
1 branch
Compared with an average of 4 nationally and 3 in New Mexico
Average number of branches
Telco Roswell New Mexico Credit Union Branch Locations
Members
Back to Top
1,118 members
Membership type: Multiple common bond – primary communications and utilities
Below average number of members

With 1,118 members, the Telco Roswell New Mexico Credit Union is considered to be a small credit union. It is smaller than 78% of credit unions.

Fees
Back to Top
$20
Average fee per member
The average fee per member at the Telco Roswell New Mexico Credit Union is $20, which is low compared to most credit unions. This rate is lower than 72% of all credit unions.
Fees are lower 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 Telco Roswell New Mexico Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
373:1
Credit union member to staff ratio
373 per each FTE employee
Compared to 411:1 nationally
Average number of staff
3 staff members
FTE (full-time equivalent)
0% of employees are part-time
3 full-time, 0 part-time

Telco Roswell New Mexico Credit Union has 3 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. Telco Roswell New Mexico Credit Union has around 373 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
Back to Top
$7,255,886
Total assets
Below average
Net worth
Back to Top
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.
24.4%
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
Back to Top
$8,554
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 64% of credit unions.

Telco Roswell New Mexico Credit Union holds a total of $4,870,000 in loans and leases, which is about $8,554 per member on average.

Savings interest rate
Back to Top
0.30%
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. Telco Roswell New Mexico Credit Union pays 0.30%.

Loan rates
Back to Top
9.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.99%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
2.99%
New car loan rate
Compared to 4.0% nationally
3.99%
Used car loan rate
Compared to 5.2% nationally