Cobalt

Headquarters

1712 Madison Ave
Council Bluffs, IA 51503
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.65% →
1-Year CD 0.70% 0.70% →
2-Year CD 0.80% 0.75% →
5-Year CD 1.05% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Cobalt is an NCUA insured institution located in Council Bluffs, IA. It was founded in 1946 and has approximately $1027.27 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 68695
Date Established 1946
Assets $1,027.27 million
Loans $903.06 million
Deposits $808.89 million
Capital $95.27 million
 

Field of Membership Restrictions

You can join Cobalt Credit Union if: You or your immediate family member* are employed by or a retiree of SpartanNash You or your immediate family member* live, work, worship, attend school, or regularly do business in Douglas, Sarpy, Cass, Washington, or Saunders Counties in Nebraska, or Pottawattamie, Harrison, Mills, Shelby, Monona, Crawford, Carroll, Ida or Sac Counties in Iowa You or your immediate family member* is already a member of Cobalt Credit Union Businesses and other entities qualify if they are located within any of the fourteen counties.

Deposit Rates - June 16, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $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
0.60% $10,000 $14,999 Learn More
6 Mo CD
0.70% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
18 Mo CD
0.65% $10,000 $14,999 Learn More
18 Mo CD
0.75% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.80% $100,000 $199,999 Learn More
30 Mo CD
0.75% $10,000 $14,999 Learn More
30 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.85% $100,000 $199,999 Learn More
48 Mo CD
0.80% $10,000 $14,999 Learn More
48 Mo CD
0.90% $100,000 $199,999 Learn More
60 Mo CD
0.95% $10,000 $14,999 Learn More
60 Mo CD
1.05% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - June 16, 2021

Your Current Location: Connecticut, CT 06828

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 - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
2.582% 2.500% 0.63 $2,700 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.465% 3.375% 0.63 $2,812 $1,106 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
1.990 %
After Intro: 4.840 %
Intro Period: 12 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 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:
Fairfield,Connecticut


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
7.72% 5.40

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, 2020, Cobalt had $7,929,063 in non-current loans and $36,407 in owned assets. To cover these potential losses it had $95,273,476 in net worth and $7,846,729 in loans loss reserves. That gives it a Texas Ratio of 7.72%.

Net Worth
Cobalt U.S. Average
9.27% 12.67%

Cobalt FCU has a net worth of 9.27% versus the BestCashCow average of 12.67. 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. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Cobalt is insured by the NCUA.

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 $95.27 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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