Home
Contents
Explore
Search

Transtar Credit Union

Overview
Back to Top

Transtar Credit Union is a federal credit union based in Houston, Texas. It has been opened since 1951, for 69 years.

With around $31,900,000 in assets, Transtar Credit Union is considered to be an average size credit union. It has 3 branches and 2 ATM locations.

About
Address 12930 Northwest Freeway
Houston, Texas 77040
Website http://www.transtarfcu.org
Phone (832) 201-0190
Fax (832) 201-0188
CEO James S. Tuggle
President of the Board Paul Prodoehl
Services Offered
Map
Back to Top
Score Card
Back to Top
69 years
Years in business
Opened in 1951
Adequately Capitalized
Net worth classification
Source: NCUA
3,643 members
Membership type: Multiple common bond – primary petroleum refining
Average number of members
383:1
Credit union member to staff ratio
383 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$31,899,329
Total assets
Average size
3 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
0.02%
Savings interest rate
Compared to 0.3% nationally
7.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
3 branches
Compared with an average of 4 nationally and 3 in Texas
Above average number of branches
Transtar Credit Union Branch Locations

Transtar Credit Union: Main Office
12930 Northwest Fwy
Houston, Texas 77040
ATM Available
Transtar Credit Union: Ikon Branch
810 Gears Road
Houston, Texas 77067
ATM Available
Transtar Credit Union: Williams Tower Branch
2800 Post Oak Boulevard Level 20
Houston, Texas 77056
No ATM
Members
Back to Top
3,643 members
Membership type: Multiple common bond – primary petroleum refining
Average number of members

With 3,643 members, the Transtar Credit Union is considered to be a medium size credit union. It is larger than 50% of credit unions.

Fees
Back to Top
$98
Average fee per member
The average fee per member at the Transtar Credit Union is $98, which is very high compared to most credit unions. This rate is higher than 84% 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 Transtar Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
383:1
Credit union member to staff ratio
383 per each FTE employee
Compared to 411:1 nationally
Average number of staff
10 staff members
FTE (full-time equivalent)
10% of employees are part-time
9 full-time, 1 part-time

Transtar Credit Union has 9 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 90% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Transtar Credit Union has around 383 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
Back to Top
$31,899,329
Total assets
Average size
Net worth
Back to Top
Adequately Capitalized
Net worth classification
Source: NCUA
An adequately capitalized credit union has a net worth ratio between 6% and 7% and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
6.0%
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
Back to Top
$9,876
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 48% of credit unions.

Transtar Credit Union holds a total of $25,490,000 in loans and leases, which is about $9,876 per member on average.

Savings interest rate
Back to Top
0.02%
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. Transtar Credit Union pays 0.02%.

Loan rates
Back to Top
7.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.75%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
2.75%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
2.50%
New car loan rate
Compared to 4.0% nationally
2.75%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
5.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally