Birmingham, AL 35209


2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 64232
Date Established 1940
Assets $39.94 million
Loans $28.58 million
Deposits $35.35 million
Capital $4.53 million

1st Resource is an NCUA insured institution located in Birmingham, AL. It was founded in 1940 and has approximately $39.94 millions in assets.

Field of Membership Restrictions

Membership is open to those who live, work or worship in Montgomery or Jefferson Counties in Alabama and to employees of Alagasco and the Energen Corporation.

Deposit Rates - September 24, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.75% $1,000 $74,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.56% $500 - Learn MoreShow Less
12 Mo CD
1.77% $500 - Learn MoreShow Less
24 Mo CD
1.87% $500 - Learn MoreShow Less
36 Mo CD
1.97% $500 - Learn MoreShow Less
48 Mo CD
2.02% $500 - Learn MoreShow Less
60 Mo CD
2.28% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
2.26% $1,000 - Learn MoreShow Less

Loan Rates - September 24, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for 1ST RESOURCE

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: 520-CL-25944
3.526% 3.500% 0.38 $805 $1,123 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

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Below are 1st Resource branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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1st Resource Locations

Financial Details

1st Resource Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Resource. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
1st Resource U.S. Average
8.41% 6.77

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2019, 1st Resource had $333,938 in non-current loans and $58,827 in owned assets. To cover these potential losses it had $4,528,231 in net worth and $139,507 in loans loss reserves. That gives it a Texas Ratio of 8.41%.

Net Worth
1st Resource U.S. Average
11.33% 13.47%

1st Resource FCU has a net worth of 11.33% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About 1st Resource

Branches and Savings

What is 1st Resource?

A federal credit union, registered with the NCUA under certificate #64232.
Learn more about credit unions here.

Is 1st Resource FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join 1st Resource?

Please see Field of Membership information above for information on who is eligible to join.

What are 1st Resource's share account and share certificate rates?

1st Resource's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is 1st Resource?

1st Resource has total capital of $4.53 million. Full information on 1st Resource's financial position is located above.

Who owns 1st Resource?

Credit Unions are owned by their members.

Where are 1st Resource branches located?

See branch locations nearby.

Are 1st Resource ATMs Open 24/7?

Do 1st Resource ATMs accept cash deposits?

Can 1st Resource customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does 1st Resource have a mobile app?

Does 1st Resource have mobile deposit?

Does 1st Resource have quick pay?

How can 1st Resource transfer money to other banks or credit unions?

Does 1st Resource report to credit bureaus?

Does 1st Resource use Chexsystems?

Does 1st Resource use Equifax?

What is 1st Resource's toll free phone number?

What is 1st Resource's ACH Routing Number?

What is 1st Resource's SWIFT code?

Where can I find 1st Resource's wire transfer form?

What is the 1st Resource address for deposits?

What Products Does 1st Resource Offer

Does 1st Resource offer mortgages?

Compare mortgage rates here.

Does 1st Resource offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 1st Resource offer auto and RV loans?

Compare auto loan rates here.

Does 1st Resource offer student loans or personal loans?

Compare personal loan rates here.

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