City Of Downey Federal Credit Union

Headquarters

10411 Lakewood Blvd
Downey, CA 90241
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Notable Rates APY Vs.Others
Savings N.A. 5.55% →
1-Year CD N.A. 5.41% →
2-Year CD N.A. 5.00% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

City Of Downey is an NCUA insured institution located in Downey, CA. It was founded in 1958 and has approximately $7.21 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 12179
Date Established 1958
Assets $7.21 million
Loans $2.81 million
Deposits $6.64 million
Capital $0.56 million
 

Deposit Rates - April 16, 2024

Your Current Location: Ohio, OH 43085

We do not yet have rates for City Of Downey

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Loan Rates - April 16, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for City Of Downey

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



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Northpointe Bank
NMLS ID: 447490
6.844% 6.750% 1.00 $3,078 $2,076 Learn More
PenFed Credit Union
NMLS ID: 401822
6.932% 6.750% 0.88 $6,000 $2,076 Learn More
Rocket Mortgage
NMLS ID: 3030
7.451% 7.375% 0.75 $2,400 $2,211 Learn More
FHAloans.com
NMLS ID: Not a Lender
Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

Note to City Of Downey
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Branches

Below are City Of Downey 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:
Columbus,Ohio


City Of Downey Locations



Climate Policy and Initiatives

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


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Financial Details

City Of Downey Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of City Of Downey. 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
City Of Downey U.S. Average
2.21% 6.97

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, 2023, City Of Downey had $13,766 in non-current loans and $0 in owned assets. To cover these potential losses it had $560,245 in net worth and $61,558 in loans loss reserves. That gives it a Texas Ratio of 2.21%.

Net Worth
City Of Downey U.S. Average
7.76% 13.62%

City Of Downey FCU has a net worth of 7.76% versus the BestCashCow average of 13.62. 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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