Abco Federal Credit Union

Headquarters

P.o. Box 247
Rancocas, NJ 08073
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 4.08% →
1-Year CD 0.90% 4.71% →
2-Year CD 1.10% 4.73% →
5-Year CD 1.40% 4.75% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 1.93% →

2022 Overview

General Credit Union Information

Abco is an NCUA insured institution located in Rancocas, NJ. It was founded in 1958 and has approximately $274.21 millions in assets.

Who can join?

Anyone can join ABCO through the American Consumer Council (ACC), a nonprofit advocacy group established in 1987 to protect consumers. When opening your ABCO FCU account, you will need to choose ACC on your application, this will automatically enroll you as a member of ACC. There are no hidden fees to join ACC through your membership at ABCO FCU.

NCUA Insured Yes / Federally Chartered
Charter Number # # 12679
Date Established 1958
Assets $274.21 million
Loans $105.14 million
Deposits $257.68 million
Capital $20.41 million
 

Field of Membership Restrictions

Membership in ABCO Federal Credit Union is open to anyone through membership in the New Jersey chapter of the AmericanConsumer Council. It is also open to those who live, work, worship, or attend school in Atlantic City, Browns Mill/Pemberton, Burlington City, Fort Dix and McGuire AFB area, Mount Holly, Palmyra, Pleasantville, Vincentown, Plumstead, Jackson & Berkley Township, or Riverside/Delanco and to employees of select New Jersey counties, hospitals, or other industries.

Deposit Rates - December 4, 2022

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.50% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.60% $10,000 $14,999 Learn More
6 Mo CD
0.75% $100,000 $199,999 Learn More
12 Mo CD
0.75% $10,000 $14,999 Learn More
12 Mo CD
0.90% $100,000 $199,999 Learn More
18 Mo CD
0.85% $10,000 $14,999 Learn More
18 Mo CD
1.00% $100,000 $199,999 Learn More
24 Mo CD
0.95% $10,000 $14,999 Learn More
24 Mo CD
1.10% $100,000 $199,999 Learn More
36 Mo CD
1.05% $10,000 $14,999 Learn More
36 Mo CD
1.20% $100,000 $199,999 Learn More
48 Mo CD
1.15% $10,000 $14,999 Learn More
48 Mo CD
1.30% $100,000 $199,999 Learn More
60 Mo CD
1.25% $10,000 $14,999 Learn More
60 Mo CD
1.40% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less
Checking Rates APY MIN FEE
Rewards Checking 0.45% $0 $0.00 Learn MoreShow Less

Loan Rates - December 4, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for ABCO

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



Featured - Virginia 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
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AmeriSave Mortgage Corporation
NMLS ID: 1168
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Eligibility.org
NMLS ID: 1907
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Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
6.490 %
After Intro: 7.500 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
6.240 %
$0 Learn More
More Info

Note to ABCO
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

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

Your Location:
Ashburn,Virginia



Climate Initiatives

ABCO is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Abco Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Abco. 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
Abco U.S. Average
3.05% 4.24

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 June 30, 2022, Abco had $181,668 in non-current loans and $487,500 in owned assets. To cover these potential losses it had $20,412,591 in net worth and $1,549,801 in loans loss reserves. That gives it a Texas Ratio of 3.05%.

Net Worth
Abco U.S. Average
7.63% 12.40%

Abco FCU has a net worth of 7.63% versus the BestCashCow average of 12.40. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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