COBALT

1712 MADISON AVE
Council Bluffs, IA 51503

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 68695
Date Established 1946
Assets $994.30 million
Loans $860.92 million
Deposits $775.94 million
Capital $89.15 million

Cobalt is an NCUA insured institution located in Council Bluffs, IA. It was founded in 1946 and has approximately $994.3 millions in assets.

Deposit Rates - July 16, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.10% $2,500 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
2.65% $1,000 $99,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.50% $1,000 $99,999 Learn MoreShow Less
3 Mo CD
0.60% $100,000 - Learn MoreShow Less
6 Mo CD
1.50% $1,000 $99,999 Learn MoreShow Less
6 Mo CD
1.60% $100,000 - Learn MoreShow Less
12 Mo CD
2.15% $1,000 $99,999 Learn MoreShow Less
12 Mo CD
2.25% $100,000 - Learn MoreShow Less
18 Mo CD
2.65% $1,000 $99,999 Learn MoreShow Less
18 Mo CD
2.75% $100,000 - Learn MoreShow Less
24 Mo CD
2.55% $1,000 $99,999 Learn MoreShow Less
24 Mo CD
2.65% $100,000 - Learn MoreShow Less
36 Mo CD
2.75% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
2.85% $100,000 - Learn MoreShow Less
48 Mo CD
2.85% $1,000 $99,999 Learn MoreShow Less
48 Mo CD
2.95% $100,000 - Learn MoreShow Less
60 Mo CD
3.00% $1,000 $99,999 Learn MoreShow Less
60 Mo CD
3.10% $100,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $2,500 $24,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $300 - Learn MoreShow Less

Loan Rates - July 16, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for COBALT

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.777% 3.750% 0.38 $832 $1,158 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
Figure Home Equity Line
Figure Home Equity Line
5.490 %
N/A Learn More
More Info

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



Branches

Below are Cobalt 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:
Seattle,Washington


Cobalt Locations


Financial Details

Cobalt Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cobalt. 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
Cobalt U.S. Average
11.07% 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, Cobalt had $10,683,266 in non-current loans and $20,095 in owned assets. To cover these potential losses it had $89,147,859 in net worth and $7,528,298 in loans loss reserves. That gives it a Texas Ratio of 11.07%.

Net Worth
Cobalt U.S. Average
8.96% 13.47%

Cobalt FCU has a net worth of 8.96% 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 Cobalt

Branches and Savings

What is Cobalt?

A federal credit union, registered with the NCUA under certificate #68695.
Learn more about credit unions here.

Is Cobalt 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 Cobalt?

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

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

Cobalt'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 Cobalt?

Cobalt has total capital of $89.15 million. Full information on Cobalt's financial position is located above.

Who owns Cobalt?

Credit Unions are owned by their members.

Where are Cobalt branches located?

See branch locations nearby.

Are Cobalt ATMs Open 24/7?

Do Cobalt ATMs accept cash deposits?

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

Does Cobalt have a mobile app?

Does Cobalt have mobile deposit?

Does Cobalt have quick pay?

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

Does Cobalt report to credit bureaus?

Does Cobalt use Chexsystems?

Does Cobalt use Equifax?

What is Cobalt's toll free phone number?

What is Cobalt's ACH Routing Number?

What is Cobalt's SWIFT code?

Where can I find Cobalt's wire transfer form?

What is the Cobalt address for deposits?

What Products Does Cobalt Offer

Does Cobalt offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Cobalt offer auto and RV loans?

Compare auto loan rates here.

Does Cobalt offer student loans or personal loans?

Compare personal loan rates here.

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