2020 Overview
General Credit Union Information
El Paso Area Teachers is an NCUA insured institution located in El Paso, TX. It was founded in 1936 and has approximately $687.24 millions in assets.
Who can join?
Individuals living or working in El Paso County are eligible for membership.
| NCUA Insured | Yes |
| Charter Number # | # 1409 |
| Date Established | 1936 |
| Assets | $687.24 million |
| Loans | $530.75 million |
| Deposits | $594.71 million |
| Capital | $86.31 million |
Field of Membership Restrictions
Deposit Rates - October 25, 2020
Your Current Location: Virginia, VA 20146
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.05% | $2,500 | $4,999 |
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|
|
Money Market
|
0.05% | $2,500 | $2,999 |
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|
|
Money Market
|
0.10% | $10,000 | $14,999 |
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|
|
Money Market
|
0.15% | $25,000 | $29,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 12 Mo CD
|
0.65% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.75% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
1.01% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
1.11% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
1.21% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
1.31% | $100,000 | $199,999 |
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|
| 48 Mo CD
|
1.31% | $10,000 | $14,999 |
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|
| 48 Mo CD
|
1.41% | $100,000 | $199,999 |
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|
| 60 Mo CD
|
1.41% | $10,000 | $14,999 |
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|
| 60 Mo CD
|
1.51% | $100,000 | $199,999 |
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|
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
3.00% | $1 | $499 | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.10% | $2,500 | $3,499 | Learn More |
Loan Rates - October 25, 2020
Your Current Location: Virginia, VA 20146
There are currently no loan rates available for EL PASO AREA TEACHERS
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 2020
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 3030 |
3.746% | 3.625% | 1.00 | $3,750 | $1,141 | Learn More |
|
NMLS ID: 3030 |
3.746% | 3.625% | 1.00 | $3,750 | $1,141 | Learn More |
NMLS ID: 2890 License#: MC-3098 |
2.575% | 2.500% | 1.00 | $2,470 | $988 | Learn More |
Featured - Virginia Home Equity Line Of Credit Rates 2020
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loans See Table |
2.240 %
|
$0 |
Learn More
More Info |
Note to EL PASO AREA TEACHERS
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are El Paso Area Teachers 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
El Paso Area Teachers Locations
Financial Details
El Paso Area Teachers Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of El Paso Area Teachers. 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
| El Paso Area Teachers | U.S. Average |
|---|---|
| 7.29% | 6.71 |
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 30, 2020, El Paso Area Teachers had $6,105,049 in non-current loans and $518,839 in owned assets. To cover these potential losses it had $86,310,743 in net worth and $4,600,178 in loans loss reserves. That gives it a Texas Ratio of 7.29%.
Net Worth
| El Paso Area Teachers | U.S. Average |
|---|---|
| 12.55% | 13.61% |
El Paso Area Teachers FCU has a net worth of 12.55% versus the BestCashCow average of 13.61. 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 El Paso Area Teachers
Branches and Savings
What is El Paso Area Teachers?
A federal credit union, registered with the NCUA under certificate #1409.
Learn more about credit unions here.
Is El Paso Area Teachers 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 El Paso Area Teachers?
Please see Field of Membership information above for information on who is eligible to join.
How big is El Paso Area Teachers?
El Paso Area Teachers has total capital of $86.31 million. Full information on El Paso Area Teachers's financial position is located above.
Who owns El Paso Area Teachers?
Credit Unions are owned by their members.
Where are El Paso Area Teachers branches located?
See branch locations nearby.
Are El Paso Area Teachers ATMs Open 24/7?
Do El Paso Area Teachers ATMs accept cash deposits?
Can El Paso Area Teachers customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does El Paso Area Teachers have a mobile app?
Does El Paso Area Teachers have mobile deposit?
Does El Paso Area Teachers have quick pay?
How can El Paso Area Teachers transfer money to other banks or credit unions?
Does El Paso Area Teachers report to credit bureaus?
Does El Paso Area Teachers use Chexsystems?
Does El Paso Area Teachers use Equifax?
What is El Paso Area Teachers's toll free phone number?
What is El Paso Area Teachers's ACH Routing Number?
What is El Paso Area Teachers's SWIFT code?
Where can I find El Paso Area Teachers's wire transfer form?
What is the El Paso Area Teachers address for deposits?
What Products Does El Paso Area Teachers Offer
Does El Paso Area Teachers offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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