Eco Credit Union

Headquarters

Po Box 2385
Birmingham, AL 35201
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.85% →
1-Year CD 0.50% 0.75% →
2-Year CD 0.70% 0.80% →
5-Year CD 1.16% 1.25% →
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

Eco is an NCUA insured institution located in Birmingham, AL. It was founded in 1979 and has approximately $184.04 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 65464
Date Established 1979
Assets $184.04 million
Loans $79.35 million
Deposits $167.29 million
Capital $18.36 million
 

Field of Membership Restrictions

ECO Credit Union of Alabama is open to the residents, people maintaining employment, church members, and registered students in these Alabama Counties: Jefferson, Shelby, Cullman, Walker, and Blount.

Deposit Rates - October 24, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.55% $10,000 $14,999 Learn More
18 Mo CD
0.55% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More
30 Mo CD
0.75% $10,000 $14,999 Learn More
30 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.85% $10,000 $14,999 Learn More
36 Mo CD
0.85% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
60 Mo CD
1.16% $10,000 $14,999 Learn More
60 Mo CD
1.16% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.45% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 24, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for ECO

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



Featured - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
2.816% 2.750% 0.88 $2,145 $1,021 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
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
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

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


 

Branches

Below are Eco 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:
Ashburn,Virginia



Climate Initiatives

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

Financial Details

Eco Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Eco. 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
Eco U.S. Average
1.01% 3.79

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 June 30, 2021, Eco had $183,678 in non-current loans and $8,892 in owned assets. To cover these potential losses it had $18,361,334 in net worth and $681,065 in loans loss reserves. That gives it a Texas Ratio of 1.01%.

Net Worth
Eco U.S. Average
9.97% 12.22%

Eco FCU has a net worth of 9.97% versus the BestCashCow average of 12.22. 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 Eco

Branches and Savings

What is Eco?

A credit union, registered with the NCUA under certificate #65464.
Learn more about credit unions here.

Is Eco 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. Eco is insured by the NCUA.

Who can join Eco?

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

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

Eco'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 Eco?

Eco has total capital of $18.36 million. Full information on Eco's financial position is located above.

Who owns Eco?

Credit Unions are owned by their members.

Where are Eco branches located?

See branch locations nearby.

Are Eco ATMs Open 24/7?

Do Eco ATMs accept cash deposits?

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

Does Eco have a mobile app?

Does Eco have mobile deposit?

Does Eco have quick pay?

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

Does Eco report to credit bureaus?

Does Eco use Chexsystems?

Does Eco use Equifax?

What is Eco's toll free phone number?

What is Eco's ACH Routing Number?

What is Eco's SWIFT code?

Where can I find Eco's wire transfer form?

What is the Eco address for deposits?

What Products Does Eco Offer

Does Eco offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Eco offer auto and RV loans?

Compare auto loan rates here.

Does Eco offer student loans or personal loans?

Compare personal loan rates here.

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