BEST FINANCIAL

1888 E SHERMAN
Muskegon, MI 49444

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 62027
Date Established 1955
Assets $91.52 million
Loans $56.56 million
Deposits $71.48 million
Capital $19.57 million
 

Best Financial is an NCUA insured institution located in Muskegon, MI. It was founded in 1955 and has approximately $91.52 millions in assets.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Muskegon, Newaygo, Kent, Oceana or Ottawa Counties in Michigan.

Deposit Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.80% $2,500 $7,499 Learn MoreShow Less
Money Market
0.90% $7,500 $24,999 Learn MoreShow Less
Money Market
1.00% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.30% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.70% $500 - Learn MoreShow Less
Special: 9 Mo CD
1.00% $500 - Learn MoreShow Less
12 Mo CD
1.30% $500 - Learn MoreShow Less
Special: 18 Mo CD
1.90% $500 - Learn MoreShow Less
24 Mo CD
2.00% $500 - Learn MoreShow Less
36 Mo CD
2.25% $500 - Learn MoreShow Less
Special: 37 Mo CD
2.50% $500 - Learn MoreShow Less
48 Mo CD
2.50% $500 - Learn MoreShow Less
Special: 50 Mo CD
2.75% $500 - Learn MoreShow Less
60 Mo CD
3.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.65% $100 - Learn MoreShow Less

Loan Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for BEST FINANCIAL

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.523% 3.500% 0.25 $732 $1,123 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
First Internet Bank
NMLS ID: 424182
3.750% 3.750% -0.13 ($158) $1,158 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Connecticut 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
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.250 %
Intro Period: 12 months
$25,000 Learn More
More Info

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



Branches

Below are Best Financial 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:
Fairfield,Connecticut


Best Financial Locations


Financial Details

Best Financial Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Best Financial. 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
Best Financial U.S. Average
3.29% 5.86

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, 2019, Best Financial had $617,731 in non-current loans and $40,733 in owned assets. To cover these potential losses it had $19,567,177 in net worth and $453,777 in loans loss reserves. That gives it a Texas Ratio of 3.29%.

Net Worth
Best Financial U.S. Average
21.38% 13.65%

Best Financial FCU has a net worth of 21.38% versus the BestCashCow average of 13.65. 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 Best Financial

Branches and Savings

What is Best Financial?

A federal credit union, registered with the NCUA under certificate #62027.
Learn more about credit unions here.

Is Best Financial 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 Best Financial?

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

What are Best Financial's share account and share certificate rates?

Best Financial'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 Best Financial?

Best Financial has total capital of $19.57 million. Full information on Best Financial's financial position is located above.

Who owns Best Financial?

Credit Unions are owned by their members.

Where are Best Financial branches located?

See branch locations nearby.

Are Best Financial ATMs Open 24/7?

Do Best Financial ATMs accept cash deposits?

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

Does Best Financial have a mobile app?

Does Best Financial have mobile deposit?

Does Best Financial have quick pay?

How can Best Financial transfer money to other banks or credit unions?

Does Best Financial report to credit bureaus?

Does Best Financial use Chexsystems?

Does Best Financial use Equifax?

What is Best Financial's toll free phone number?

What is Best Financial's ACH Routing Number?

What is Best Financial's SWIFT code?

Where can I find Best Financial's wire transfer form?

What is the Best Financial address for deposits?

What Products Does Best Financial Offer

Does Best Financial offer mortgages?

Compare mortgage rates here.

Does Best Financial offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Best Financial offer auto and RV loans?

Compare auto loan rates here.

Does Best Financial offer student loans or personal loans?

Compare personal loan rates here.

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