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United Employees Credit Union Share
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Overview Share
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United Employees Credit Union is a federally insured state credit union based in Albert Lea, Minnesota. It has been opened since 1932, for 90 years.

With around $40,750,000 in assets, United Employees Credit Union is considered to be an average size credit union.

About Share
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Address P.O. Box 729
Albert Lea, Minnesota 56007
Website http://www.unitedecu.com
Phone (507) 377-1616
Fax (507) 377-8907
CEO Matt Maras
President of the Board C. Thayne Nordland
Services Offered
Score Card Share
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90 years
Years in business
Opened in 1932
Well Capitalized
Net worth classification
Source: NCUA
4,596 members
Membership type: State chartered natural person credit union
Average number of members
574:1
Credit union member to staff ratio
574 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$40,748,349
Total assets
Average size
1 branch
Compared with an average of 4 nationally and 4 in Minnesota
Average number of branches
0.25%
Savings interest rate
Compared to 0.3% nationally
13.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 4 in Minnesota
Average number of branches
United Employees Credit Union Branch Locations

United Employees Credit Union
430 Bridge Avenue
Albert Lea, Minnesota 56007
No ATM
Members Share
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4,596 members
Membership type: State chartered natural person credit union
Average number of members

With 4,596 members, the United Employees Credit Union is considered to be a medium size credit union. It is larger than 55% of credit unions.

Fees Share
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$27
Average fee per member
The average fee per member at the United Employees Credit Union is $27, which is low compared to most credit unions. This rate is lower than 67% 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 United Employees Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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574:1
Credit union member to staff ratio
574 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
8 staff members
FTE (full-time equivalent)
22% of employees are part-time
7 full-time, 2 part-time

United Employees Credit Union has 7 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 78% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. United Employees Credit Union has around 574 members per staff, a high ratio compared to other credit unions.

Assets Share
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$40,748,349
Total assets
Average size
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.
12.7%
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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$10,270
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 51% of credit unions.

United Employees Credit Union holds a total of $19,040,000 in loans and leases, which is about $10,270 per member on average.

Savings interest rate Share
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0.25%
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. United Employees Credit Union pays 0.25%.

Loan rates Share
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13.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
7.99%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
3.69%
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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3.69%
New car loan rate
Compared to 4.0% nationally
3.69%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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6.50%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally

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Toro Employees Credit Union
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Diversified Credit Union
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Otter Tail Credit Union
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First Pace Credit Union
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First Alliance Credit Union
Credit Union: Well Capitalized Rochester, Minnesota 15873.0 $193 million Well Capitalized
Red Lake Co Op Credit Union
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Anoka Hennepin Credit Union
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Associated Healthcare Credit Union
Credit Union: Well Capitalized Saint Paul, Minnesota 13246.0 $114 million Well Capitalized
Two Harbors Credit Union
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Brainerd B. N. Credit Union
Credit Union: Well Capitalized Brainerd, Minnesota 6903.0 $75 million Well Capitalized
Teamsters Credit Union
Credit Union: Well Capitalized Blaine, Minnesota 2014.0 $11 million Well Capitalized
Accentra Credit Union
Credit Union: Well Capitalized Austin, Minnesota 16008.0 $140 million Well Capitalized
Starcor Credit Union
Credit Union: Well Capitalized Becker, Minnesota 2570.0 $10 million Well Capitalized
Central Minnesota Credit Union
Credit Union: Well Capitalized Melrose, Minnesota 62839.0 $1 billion Well Capitalized
Sharepoint Credit Union
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St. Thomas Employee Credit Union
Credit Union: Well Capitalized Saint Paul, Minnesota 1183.0 $4 million Well Capitalized
Ideal Credit Union
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St. Cloud Financial Credit Union
Credit Union: Well Capitalized Saint Cloud, Minnesota 19502.0 $180 million Well Capitalized
Mid Minnesota Credit Union
Credit Union: Well Capitalized Baxter, Minnesota 44360.0 $373 million Well Capitalized
Ae Goetze Employees Credit Union
Credit Union: Well Capitalized Lake City, Minnesota 1082.0 $5 million Well Capitalized
Smw Financial Credit Union
Credit Union: Well Capitalized Lino Lakes, Minnesota 7598.0 $81 million Well Capitalized
Building Trades Credit Union
Credit Union: Well Capitalized Maple Grove, Minnesota 17090.0 $148 million Well Capitalized
Fulda Area Credit Union
Credit Union: Well Capitalized Fulda, Minnesota 9850.0 $119 million Well Capitalized
Embarrass Vermillion Credit Union
Credit Union: Well Capitalized Aurora, Minnesota 3874.0 $36 million Well Capitalized
Affinity Plus Credit Union
Credit Union: Well Capitalized Saint Paul, Minnesota 197007.0 $2 billion Well Capitalized
Mower County Employees Credit Union
Credit Union: Well Capitalized Austin, Minnesota 654.0 $6 million Well Capitalized
Co-Op Credit Union of Montevideo
Credit Union: Well Capitalized Montevideo, Minnesota 14044.0 $197 million Well Capitalized

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