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Transit Employees Credit Union Share
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Overview Share
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Transit Employees Credit Union is a federal credit union based in Greenbelt, Maryland. It has been opened since 1940, for 82 years.

With around $99,110,000 in assets, Transit Employees Credit Union is considered to be a large credit union. It has 2 branches and 1 ATM locations.

About Share
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Address 6404 Ivy Lane Suite 510
Greenbelt, Maryland 20770
Website http://www.tefcu.org
Phone (301) 289-9800
Fax (301) 576-7392
CEO Rita Smith
President of the Board Alvin Richardson
Services Offered
Score Card Share
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82 years
Years in business
Opened in 1940
Well Capitalized
Net worth classification
Source: NCUA
13,132 members
Membership type: Multiple common bond – primary transportation
Above average number of members
410:1
Credit union member to staff ratio
410 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$99,105,670
Total assets
Above average
2 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
0.30%
Savings interest rate
Compared to 0.3% nationally
12.01%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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2 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
Transit Employees Credit Union Branch Locations

Transit Employees Federal Credit Union
2440 Market Street NE Suite 901
Washington, District of Columbia 20018
ATM Available
Transit Employees Federal Credit Union
5948 Richmond Highway
Alexandria, Virginia 22303
No ATM
Transit Employees Federal Credit Union
6404 Ivy Lane Suite 510
Greenbelt, Maryland 20770
No ATM
Members Share
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13,132 members
Membership type: Multiple common bond – primary transportation
Above average number of members

With 13,132 members, the Transit Employees Credit Union is considered to be a large credit union. It is larger than 75% of credit unions.

Fees Share
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$194
Average fee per member
The average fee per member at the Transit Employees Credit Union is $194, which is very high compared to most credit unions. This rate is higher than 99% 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 Transit Employees Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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410:1
Credit union member to staff ratio
410 per each FTE employee
Compared to 411:1 nationally
Fewer staff
32 staff members
FTE (full-time equivalent)
0% of employees are part-time
32 full-time, 0 part-time

Transit Employees Credit Union has 32 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. Transit Employees Credit Union has around 410 members per staff, a higher ratio compared to other credit unions.

Assets Share
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$99,105,670
Total assets
Above average
Net worth Share
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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.
20.8%
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 Share
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$5,502
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 88% of credit unions.

Transit Employees Credit Union holds a total of $44,280,000 in loans and leases, which is about $5,502 per member on average.

Savings interest rate Share
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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. Transit Employees Credit Union pays 0.30%.

Loan rates Share
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12.01%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
17.80%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.27%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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5.89%
New car loan rate
Compared to 4.0% nationally
8.95%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.25%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
5.88%
Other real estate loan rates
Compared to 0.9% nationally

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Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Connecticut Transit Credit Union: Court Transit Federal Credit Union
Credit Union Branch: 100 Leibert Road
Hartford, Connecticut 06120 No ATM
Transit Employees Federal Credit Union
Credit Union Branch: 5948 Richmond Highway
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Transit Employees Federal Credit Union
Credit Union Branch: 6404 Ivy Lane Suite 510
Greenbelt, Maryland 20770 No ATM