P.o. Box 4639
Downey, CA 90241
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Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 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

Downey is an NCUA insured institution located in Downey, CA. It was founded in 1957 and has approximately $275.21 millions in assets.

Who can join?

Downey Federal Credit Union serves the entire Downey Community. If you live, work, attend school or worship in the city of Downey, California, you are invited to join.

Your family members are immediately eligible for membership too.

NCUA Insured Yes / Federally Chartered
Charter Number # # 11870
Date Established 1957
Assets $275.21 million
Loans $103.42 million
Deposits $241.96 million
Capital $29.42 million

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in the City of Downey and to immediate family of current members.

Deposit Rates - April 16, 2021

Your Current Location: Connecticut, CT 06828

We do not yet have rates for Downey

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

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Note to Downey
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Advertiser Disclosure

Loan Rates - April 16, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for DOWNEY

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
Learn More
NMLS ID: 1907
2.836% 2.750% 0.13 $2,812 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Test Advertiser QA
Test Advertiser QA
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0.000 %
$0 Learn More
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Third Federal Savings and Loan
Third Federal Savings and Loan
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2.240 %
$0 Learn More
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
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Note to DOWNEY
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Below are 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:

Downey Locations

Financial Details

Downey Ratio Analysis

The following ratios and data are available to help you better understand the financial condition 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
Downey U.S. Average
5.65% 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, Downey had $1,697,633 in non-current loans and $3,400 in owned assets. To cover these potential losses it had $29,423,318 in net worth and $663,852 in loans loss reserves. That gives it a Texas Ratio of 5.65%.

Net Worth
Downey U.S. Average
10.69% 12.67%

Downey FCU has a net worth of 10.69% 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 Downey

Branches and Savings

What is Downey?

A federal credit union, registered with the NCUA under certificate #11870.
Learn more about credit unions here.

Is Downey 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. Downey is insured by the NCUA.

Who can join Downey?

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

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

Downey'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 Downey?

Downey has total capital of $29.42 million. Full information on Downey's financial position is located above.

Who owns Downey?

Credit Unions are owned by their members.

Where are Downey branches located?

See branch locations nearby.

Are Downey ATMs Open 24/7?

Do Downey ATMs accept cash deposits?

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

Does Downey have a mobile app?

Does Downey have mobile deposit?

Does Downey have quick pay?

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

Does Downey report to credit bureaus?

Does Downey use Chexsystems?

Does Downey use Equifax?

What is Downey's toll free phone number?

What is Downey's ACH Routing Number?

What is Downey's SWIFT code?

Where can I find Downey's wire transfer form?

What is the Downey address for deposits?

What Products Does Downey Offer

Does Downey offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Downey offer auto and RV loans?

Compare auto loan rates here.

Does Downey offer student loans or personal loans?

Compare personal loan rates here.

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