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Universal Credit Union

Overview
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Universal Credit Union is a federal credit union based in Huntington, West Virginia. It has been opened since 1935, for 85 years.

With around $78,560,000 in assets, Universal Credit Union is considered to be a large credit union. It has 3 branches and 2 ATM locations.

About
Address 317 31st Street
Huntington, West Virginia 25702
Website http://www.universalfcu.com
Phone (304) 697-2919
Fax (304) 522-3177
CEO Chuck Robateau
President of the Board Thomas Walker
Services Offered
Map
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Score Card
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85 years
Years in business
Opened in 1935
Well Capitalized
Net worth classification
Source: NCUA
7,199 members
Membership type: Multiple common bond – primary educational
Above average number of members
327:1
Credit union member to staff ratio
327 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$78,562,979
Total assets
Above average
3 branches
Compared with an average of 4 nationally and 2 in West Virginia
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
Branches
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3 branches
Compared with an average of 4 nationally and 2 in West Virginia
Above average number of branches
Universal Credit Union Branch Locations

Universal Credit Union: Mall Branch
117 Mall Road
Barboursville, West Virginia 25504
ATM Available
Universal Credit Union: Smmc Branch
2828 1st Avenue Suite 103
Huntington, West Virginia 25702
No ATM
Universal Credit Union: Main Office
317 31st Street
Huntington, West Virginia 25702
ATM Available
Members
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7,199 members
Membership type: Multiple common bond – primary educational
Above average number of members

With 7,199 members, the Universal Credit Union is considered to be a large credit union. It is larger than 64% of credit unions.

Fees
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$31
Average fee per member
The average fee per member at the Universal Credit Union is $31, which is low compared to most credit unions. This rate is lower than 64% 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 Universal Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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327:1
Credit union member to staff ratio
327 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
22 staff members
FTE (full-time equivalent)
17% of employees are part-time
20 full-time, 4 part-time

Universal Credit Union has 20 full-time staff members and 4 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 83% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Universal Credit Union has around 327 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
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$78,562,979
Total assets
Above 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.
14.4%
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
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$13,126
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 71% of credit unions.

Universal Credit Union holds a total of $28,140,000 in loans and leases, which is about $13,126 per member on average.

Savings interest rate
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0.05%
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. Universal Credit Union pays 0.05%.

Loan rates
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11.74%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.61%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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4.26%
New car loan rate
Compared to 4.0% nationally
4.88%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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5.19%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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Location
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Members
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Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
10.49%
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