2021 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 $819.23 millions in assets.
Who can join?
Individuals living or working in El Paso County are eligible for membership.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 1409 |
| Date Established | 1936 |
| Assets | $819.23 million |
| Loans | $660.87 million |
| Deposits | $716.00 million |
| Capital | $96.60 million |
Field of Membership Restrictions
Deposit Rates - October 15, 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 |
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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 15, 2021
Your Current Location: Connecticut, CT 06828
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 - Connecticut 30 Year Fixed Mortgage Rates 2021
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 1907 |
2.884% | 2.750% | 0.75 | $4,375 | $1,021 | Learn More |
NMLS ID: 1764611 License#: ML-1764611 |
2.738% | 2.690% | 0.63 | $1,562 | $1,013 | Learn More |
NMLS ID: 541760 |
3.052% | 2.975% | 1.00 | $2,482 | $1,051 | Learn More |
NMLS ID: 330511 |
3.059% | 3.000% | 0.75 | $1,882 | $1,055 | Learn More |
|
NMLS ID: 541760 |
3.052% | 2.975% | 1.00 | $2,482 | $1,051 | Learn More |
Featured - Connecticut Home Equity Line Of Credit Rates 2021
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Bethpage Federal Credit Union See Table |
Intro APR 2.990 % After Intro: 3.750 % Intro Period: 12 months |
$25,000 |
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More Info |
Third Federal Savings and Loan 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:
Fairfield,Connecticut
Climate Initiatives
EL PASO AREA TEACHERS is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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 |
|---|---|
| 5.92% | 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, El Paso Area Teachers had $5,746,091 in non-current loans and $370,412 in owned assets. To cover these potential losses it had $96,602,822 in net worth and $6,676,252 in loans loss reserves. That gives it a Texas Ratio of 5.92%.
Net Worth
| El Paso Area Teachers | U.S. Average |
|---|---|
| 11.79% | 12.22% |
El Paso Area Teachers FCU has a net worth of 11.79% 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 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. 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. El Paso Area Teachers is insured by the NCUA.
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 $96.60 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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