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Weststar Credit Union

Overview
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Weststar Credit Union is a federally insured state credit union based in Las Vegas, Nevada. It has been opened since 1975, for 45 years.

With around $174,810,000 in assets, Weststar Credit Union is considered to be a large credit union. It has 6 branches and 6 ATM locations.

About
Address Po Box 94138
Las Vegas, Nevada 89193
Website http://www.weststar.org
Phone (702) 791-4777
Fax (702) 791-2021
CEO Rick Schmidt
President of the Board Douglas Michael
Services Offered
Map
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Score Card
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45 years
Years in business
Opened in 1975
Well Capitalized
Net worth classification
Source: NCUA
21,688 members
Membership type: State chartered natural person credit union
Above average number of members
278:1
Credit union member to staff ratio
278 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$174,814,197
Total assets
Above average
6 branches
Compared with an average of 4 nationally and 5 in Nevada
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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6 branches
Compared with an average of 4 nationally and 5 in Nevada
Above average number of branches
Weststar Credit Union Branch Locations

Weststar Credit Union: Harmon
110 E. Harmon Avenue
Las Vegas, Nevada 89109
ATM Available
Weststar Credit Union: Valley View
100 S. Valley View Boulevard
Las Vegas, Nevada 89107
ATM Available
Weststar Credit Union: Sunset
8395 W. Sunset Road
Suite 100
Las Vegas, Nevada 89113
ATM Available
Weststar Credit Union: Eastern Office
8872 S. Eastern Avenue Suite 102
Las Vegas, Nevada 89123
ATM Available
Weststar Credit Union: Rainbow Office
2775 S. Rainbow Boulevard
Las Vegas, Nevada 89146
ATM Available
Weststar Credit Union: Reno
394 E. Moana Lane
Suite 1
Reno, Nevada 89502
ATM Available
Members
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21,688 members
Membership type: State chartered natural person credit union
Above average number of members

With 21,688 members, the Weststar Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 83% of credit unions.

Fees
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$201
Average fee per member
The average fee per member at the Weststar Credit Union is $201, which is very high compared to most credit unions. This rate is higher than 99% 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 Weststar Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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278:1
Credit union member to staff ratio
278 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
78 staff members
FTE (full-time equivalent)
5% of employees are part-time
76 full-time, 4 part-time

Weststar Credit Union has 76 full-time staff members and 4 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 95% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Weststar Credit Union has around 278 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets
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$174,814,197
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.
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
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$7,131
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 77% of credit unions.

Weststar Credit Union holds a total of $117,970,000 in loans and leases, which is about $7,131 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. Weststar Credit Union pays 0.05%.

Loan rates
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9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
8.24%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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3.24%
New car loan rate
Compared to 4.0% nationally
3.24%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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6.93%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.72%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally