ALLEGACY

PO BOX 26043
Winston Salem, NC 27114

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 24438
Date Established 1967
Assets $1,562.38 million
Loans $1,150.27 million
Deposits $1,337.57 million
Capital $160.03 million

Allegacy is an NCUA insured institution located in Winston Salem, NC. It was founded in 1967 and has approximately $1562.38 millions in assets.

Who can join?

Persons who live, work, worship, or attend school in, and businesses and other legal entities located in Census Tract #48 in Mecklenburg County, North Carolina and in Census Tract #707 in Stokes County, North Carolina.

Eligible Employees and Retirees of Eligible Companies
Members of select associations are eligible to join, including

Center for Smart Financial Choices, Accion Hispana, Arbor Run Homeowners Association, Charlotte Art League, Clemmons Masonic Lodge, Common Grounds Youth Coffeehouse, Forsyth Chapter of American Business Women's Association, Forsyth County Bar Association, Forsyth Stokes Davie County Medical Society, Hispanic League of the Piedmont Triad, Human Service Alliance, Iglesia Bautista El Camino, Kernersville Little Theatre, Lantern Ridge Homeowner Association, Latin American Coalition, Mothers & More Lake Norman Chapter, North Carolina State Grange, North Meck Soccer, Pulse International, SECCA (Southeastern Center for Contemporary Art), Shallowford Lakes Homeowners, Sherwood West Homeowners Association, Southwest Forsyth Little League, Southwest Guilford High School Band Booster Club, Twin City Youth Soccer Association, Whitmore Place Home Owners Association, Wilmore Neighborhood Association, and Winston-Salem Delta Fine Arts, Inc.

Immediate family and members of the same household are also eligible to join.

Field of Membership Restrictions

Membership in Allegacy Federal Credit Union is open to anyone through joining one of the following associations: Center for Smart Financial Choices ($10 fee), Kernersville Little Theatre ($10 fee), Hispanic League ($10 fee), WS Delta Fine Arts ($10 fee), SW Guilford Band Booster Club ($10 fee), Secca ($10 fee), Pulse International ($10 fee), or Charlotte Art League ($40 fee). Membership is also open to those who live, work, attend school or worship in Davie, Stokes or Mecklenburg Counties in North Carolina or to employees of Forsyth County, Forsyth Hospital, and over 100 Select Employer Groups.

Deposit Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $2,500 $9,999 Learn MoreShow Less
Money Market
0.25% $10,000 $24,999 Learn MoreShow Less
Money Market
0.45% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.40% $500 $9,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.30% $10,000 $49,999 Learn MoreShow Less
3 Mo CD
0.40% $100,000 $249,999 Learn MoreShow Less
6 Mo CD
0.35% $10,000 $49,999 Learn MoreShow Less
6 Mo CD
0.45% $100,000 $249,999 Learn MoreShow Less
12 Mo CD
1.45% $10,000 $49,999 Learn MoreShow Less
12 Mo CD
1.60% $100,000 $249,999 Learn MoreShow Less
18 Mo CD
1.55% $10,000 $49,999 Learn MoreShow Less
18 Mo CD
1.70% $100,000 $249,999 Learn MoreShow Less
Special: 24 Mo CD
2.75% $1,000 - Learn MoreShow Less
24 Mo CD
1.75% $10,000 $49,999 Learn MoreShow Less
24 Mo CD
1.85% $100,000 $249,999 Learn MoreShow Less
36 Mo CD
1.90% $10,000 $49,999 Learn MoreShow Less
36 Mo CD
2.00% $100,000 $249,999 Learn MoreShow Less
60 Mo CD
2.25% $10,000 $49,999 Learn MoreShow Less
60 Mo CD
2.35% $100,000 $249,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.65% $500 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $2,499 Learn MoreShow Less
Int Ckg
0.05% $2,500 $9,999 Learn MoreShow Less

Loan Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for ALLEGACY

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
3.657% 3.625% 0.38 $980 $1,141 Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
3.545% 3.500% 0.13 $1,424 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.522% 3.500% 0.25 $675 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

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



Branches

Below are Allegacy 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


Allegacy Locations


Financial Details

Allegacy Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Allegacy. 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
Allegacy U.S. Average
4.28% 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, Allegacy had $6,312,229 in non-current loans and $1,023,725 in owned assets. To cover these potential losses it had $160,025,308 in net worth and $11,379,426 in loans loss reserves. That gives it a Texas Ratio of 4.28%.

Net Worth
Allegacy U.S. Average
10.24% 13.47%

Allegacy FCU has a net worth of 10.24% 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 Allegacy

Branches and Savings

What is Allegacy?

A federal credit union, registered with the NCUA under certificate #24438.
Learn more about credit unions here.

Is Allegacy 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 Allegacy?

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

What are Allegacy's share account and share certificate rates?

Allegacy'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 Allegacy?

Allegacy has total capital of $160.03 million. Full information on Allegacy's financial position is located above.

Who owns Allegacy?

Credit Unions are owned by their members.

Where are Allegacy branches located?

See branch locations nearby.

Are Allegacy ATMs Open 24/7?

Do Allegacy ATMs accept cash deposits?

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

Does Allegacy have a mobile app?

Does Allegacy have mobile deposit?

Does Allegacy have quick pay?

How can Allegacy transfer money to other banks or credit unions?

Does Allegacy report to credit bureaus?

Does Allegacy use Chexsystems?

Does Allegacy use Equifax?

What is Allegacy's toll free phone number?

What is Allegacy's ACH Routing Number?

What is Allegacy's SWIFT code?

Where can I find Allegacy's wire transfer form?

What is the Allegacy address for deposits?

What Products Does Allegacy Offer

Does Allegacy offer mortgages?

Compare mortgage rates here.

Does Allegacy offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Allegacy offer auto and RV loans?

Compare auto loan rates here.

Does Allegacy offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Allegacy

There are currently no comments for Allegacy. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →