Bfg Federal Credit Union

Headquarters

445 South Main St
Akron, OH 44311
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 1.65% →
1-Year CD 0.15% 2.02% →
2-Year CD 0.25% 3.00% →
5-Year CD 0.80% 3.35% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Bfg is an NCUA insured institution located in Akron, OH. It was founded in 1935 and has approximately $171.85 millions in assets.

Who can join?

You are eligible to join BFG Federal Credit Union if:
• You live, work, worship, volunteer, or attend school in Summit County, Ohio.
• You are an "Immediate Family Member" or live in the same "Household" of an existing member or an individual eligible for membership.

"Immediate Family Member" is defined as spouse, child, sibling, parent, grandparent or grandchild. This includes stepparents, stepchildren, stepsiblings, and adoptive relationships.

"Household" is defined as persons living in the same residence maintaining a single economic unit.

NCUA Insured Yes / Federally Chartered
Charter Number # # 511
Date Established 1935
Assets $171.85 million
Loans $76.63 million
Deposits $157.18 million
Capital $18.26 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, volunteer, or attend school in Summit County, Ohio. Membership is also open to immediate family of current and eligible members.

Deposit Rates - June 27, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.03% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.10% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
12 Mo CD
0.15% $10,000 $14,999 Learn More
12 Mo CD
0.15% $100,000 $199,999 Learn More
18 Mo CD
0.15% $10,000 $14,999 Learn More
18 Mo CD
0.15% $100,000 $199,999 Learn More
24 Mo CD
0.25% $10,000 $14,999 Learn More
24 Mo CD
0.25% $100,000 $199,999 Learn More
36 Mo CD
0.35% $10,000 $14,999 Learn More
36 Mo CD
0.35% $100,000 $199,999 Learn More
48 Mo CD
0.55% $10,000 $14,999 Learn More
48 Mo CD
0.55% $100,000 $199,999 Learn More
60 Mo CD
0.80% $10,000 $14,999 Learn More
60 Mo CD
0.80% $100,000 $199,999 Learn More

Loan Rates - June 27, 2022

Your Current Location: California, CA 92111

There are currently no loan rates available for BFG

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



Featured - California 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 413-0477
5.492% 5.375% 0.88 $3,275 $1,400 Learn More

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


 

Branches

Below are Bfg 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:
San Diego,California



Climate Initiatives

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

Financial Details

Bfg Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bfg. 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
Bfg U.S. Average
0.55% 4.85

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 December 31, 2021, Bfg had $96,017 in non-current loans and $5,399 in owned assets. To cover these potential losses it had $18,261,421 in net worth and $119,971 in loans loss reserves. That gives it a Texas Ratio of 0.55%.

Net Worth
Bfg U.S. Average
10.62% 12.36%

Bfg FCU has a net worth of 10.62% versus the BestCashCow average of 12.36. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for BFG


  • October 17, 2018 |

    Savings Rates

    Ive never been able to obtain anything but a signature loan from them and I've been a member with BFG for years.

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