ENRICHMENT

P O BOX 883
Oak Ridge, TN 37831

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 6778
Date Established 1950
Assets $512.29 million
Loans $404.74 million
Deposits $436.27 million
Capital $51.91 million

Enrichment is an NCUA insured institution located in Oak Ridge, TN. It was founded in 1950 and has approximately $512.29 millions in assets.

Who can join?

Enrichment Federal Credit Union serves the Anderson, Knox, Loudon, Blount, Union, Roane, Scott, and Claiborne County communities; anyone who lives, works, worships or attends school in any of these counties is eligible for low cost credit union financial services from Enrichment.

If you are a family member to someone eligible to join, then you are also eligible.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Anderson, Knox, Loudon, Blount, Union, Roane, Scott, and Claiborne County communities.

Deposit Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.20% $2,500 $24,999 Learn MoreShow Less
Money Market
0.25% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
1.06% $1,000 $99,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
0.25% $2,500 $99,999 Learn MoreShow Less
0.45% $2,500 $99,999 Learn MoreShow Less
6 Mo CD
0.45% $100,000 - Learn MoreShow Less
1.06% $10,000 $99,999 Learn MoreShow Less
1.61% $1,000 $99,999 Learn MoreShow Less
1.71% $1,000 $99,999 Learn MoreShow Less
2.02% $1,000 $99,999 Learn MoreShow Less
2.12% $1,000 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $50 - Learn MoreShow Less

Loan Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for ENRICHMENT

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.529% 3.500% 0.38 $898 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

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



Branches

Below are Enrichment 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


Enrichment Locations


Financial Details

Enrichment Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Enrichment. 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
Enrichment U.S. Average
9.77% 6.77

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 31, 2019, Enrichment had $4,954,567 in non-current loans and $169,399 in owned assets. To cover these potential losses it had $51,908,346 in net worth and $543,953 in loans loss reserves. That gives it a Texas Ratio of 9.77%.

Net Worth
Enrichment U.S. Average
10.13% 13.47%

Enrichment FCU has a net worth of 10.13% versus the BestCashCow average of 13.47. 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 Enrichment

Branches and Savings

What is Enrichment?

A federal credit union, registered with the NCUA under certificate #6778.
Learn more about credit unions here.

Is Enrichment 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 Enrichment?

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

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

Enrichment'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 Enrichment?

Enrichment has total capital of $51.91 million. Full information on Enrichment's financial position is located above.

Who owns Enrichment?

Credit Unions are owned by their members.

Where are Enrichment branches located?

See branch locations nearby.

Are Enrichment ATMs Open 24/7?

Do Enrichment ATMs accept cash deposits?

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

Does Enrichment have a mobile app?

Does Enrichment have mobile deposit?

Does Enrichment have quick pay?

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

Does Enrichment report to credit bureaus?

Does Enrichment use Chexsystems?

Does Enrichment use Equifax?

What is Enrichment's toll free phone number?

What is Enrichment's ACH Routing Number?

What is Enrichment's SWIFT code?

Where can I find Enrichment's wire transfer form?

What is the Enrichment address for deposits?

What Products Does Enrichment Offer

Does Enrichment offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Enrichment offer auto and RV loans?

Compare auto loan rates here.

Does Enrichment offer student loans or personal loans?

Compare personal loan rates here.

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