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Valley 1st Community Credit Union

Overview
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Valley 1st Community Credit Union is a federal credit union based in Monessen, Pennsylvania. It has been opened since 1935, for 85 years.

With around $82,980,000 in assets, Valley 1st Community Credit Union is considered to be a large credit union. It has 2 branches and 2 ATM locations.

About
Address 815 Schoonmaker Avenue
Monessen, Pennsylvania 15062
Website http://WWW.VALLEY1ST.ORG
Phone (724) 684-8875
Fax (724) 684-4133
CEO James Ritter
President of the Board Mark Soboslai
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
7,602 members
Membership type: Community credit union
Above average number of members
400:1
Credit union member to staff ratio
400 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$82,978,381
Total assets
Above average
2 branches
Compared with an average of 4 nationally and 3 in Pennsylvania
Above average number of branches
0.15%
Savings interest rate
Compared to 0.3% nationally
10.90%
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 3 in Pennsylvania
Above average number of branches
Valley 1st Community Credit Union Branch Locations

Valley 1st Community Federal Credit Union
100 Sara Way
Rostraver Township, Pennsylvania 15012
ATM Available
Valley 1st Community Federal Credit Union
815 Schoonmaker Avenue
Monessen, Pennsylvania 15062
ATM Available
Members
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7,602 members
Membership type: Community credit union
Above average number of members

With 7,602 members, the Valley 1st Community Credit Union is considered to be a large credit union. It is larger than 65% of credit unions.

Fees
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$35
Average fee per member
The average fee per member at the Valley 1st Community Credit Union is $35, which is low compared to most credit unions. This rate is lower than 61% 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 Valley 1st Community Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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400:1
Credit union member to staff ratio
400 per each FTE employee
Compared to 411:1 nationally
Average number of staff
19 staff members
FTE (full-time equivalent)
27% of employees are part-time
16 full-time, 6 part-time

Valley 1st Community Credit Union has 16 full-time staff members and 6 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 73% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Valley 1st Community Credit Union has around 400 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
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$82,978,381
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.
24.0%
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
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$15,659
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 82% of credit unions.

Valley 1st Community Credit Union holds a total of $26,950,000 in loans and leases, which is about $15,659 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. Valley 1st Community Credit Union pays 0.15%.

Loan rates
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10.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
2.15%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.50%
New car loan rate
Compared to 4.0% nationally
4.75%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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Credit Card Loan Interest Rate
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