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Unity Credit Union

Overview
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Unity Credit Union is a federal credit union based in Oaklyn, New Jersey. It has been opened since 1954, for 66 years.

With around $3,430,000 in assets, Unity Credit Union is considered to be a small credit union.

About
Address P.O. Box 67
Oaklyn, New Jersey 08107
Website http://www.unityfcu.com
Phone (856) 854-4583
Fax (856) 854-4586
CEO Janice A. King
President of the Board John King
Services Offered
Map
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Score Card
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66 years
Years in business
Opened in 1954
Well Capitalized
Net worth classification
Source: NCUA
826 members
Membership type: Service – communications and utilities
Below average number of members
413:1
Credit union member to staff ratio
413 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$3,425,494
Total assets
Below average
2 branches
Compared with an average of 4 nationally and 2 in New Jersey
Average number of branches
0.15%
Savings interest rate
Compared to 0.3% nationally
11.25%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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2 branches
Compared with an average of 4 nationally and 2 in New Jersey
Average number of branches
Unity Credit Union Branch Locations

Unity Credit Union: Ufcu
Po Box 67
Oaklyn, New Jersey 08107
No ATM
Members
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826 members
Membership type: Service – communications and utilities
Below average number of members

With 826 members, the Unity Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 84% of credit unions.

Fees
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$27
Average fee per member
The average fee per member at the Unity Credit Union is $27, which is low compared to most credit unions. This rate is lower than 68% 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 Unity Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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413:1
Credit union member to staff ratio
413 per each FTE employee
Compared to 411:1 nationally
Fewer staff
2 staff members
FTE (full-time equivalent)
67% of employees are part-time
1 full-time, 2 part-time

Unity Credit Union has 1 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of part-time staff, at approximately 67% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Unity Credit Union has around 413 members per staff, a higher ratio compared to other credit unions.

Assets
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$3,425,494
Total assets
Below 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.
18.8%
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
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$2,628
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 97% of credit unions.

Unity Credit Union holds a total of $1,610,000 in loans and leases, which is about $2,628 per member on average.

Savings interest rate
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0.15%
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. Unity Credit Union pays 0.15%.

Loan rates
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11.25%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
13.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
Car loan rates
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4.00%
New car loan rate
Compared to 4.0% nationally
6.45%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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5.25%
Other real estate loan rates
Compared to 0.9% nationally
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