2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 1792
Date Established 1936
Assets $313.50 million
Loans $203.12 million
Deposits $273.16 million
Capital $34.55 million

Evolve is an NCUA insured institution located in El Paso, TX. It was founded in 1936 and has approximately $313.5 millions in assets.

Who Can Join?

Evolve Federal Credit Union has a field of membership that includes anyone who lives, works, worships or attends school in El Paso County, Texas. Businesses and other legal entities located within El Paso County are also eligible for membership.

Field of Membership Restrictions

Membership in Evolve Federal Credit Union is open to those who live, work, worship or attend school in El Paso County, Texas. Businesses and other legal entities located within El Paso County are also eligible for membership.

Deposit Rates - August 17, 2019

Your Current Location: Virginia, VA 20146

CD Rates (Share Certificate Rates) APY MIN MAX
18 Month CD
1.71% $500 - Learn MoreShow Less
4 Year CD
2.78% $500 - Learn MoreShow Less

Loan Rates - August 17, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for EVOLVE

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
First Internet Bank
NMLS ID: 424182
3.767% 3.750% 0.25 $505 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.414% 3.375% 0.50 $1,238 $1,106 Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 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
4.490 %
$0 Learn More
More Info

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



Branches

Below are Evolve 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


Evolve Locations


Financial Details

Evolve Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Evolve. 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
Evolve U.S. Average
5.31% 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, Evolve had $1,811,928 in non-current loans and $110,958 in owned assets. To cover these potential losses it had $34,553,886 in net worth and $1,669,348 in loans loss reserves. That gives it a Texas Ratio of 5.31%.

Net Worth
Evolve U.S. Average
11.02% 13.47%

Evolve FCU has a net worth of 11.02% 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 Evolve

Branches and Savings

What is Evolve?

A federal credit union, registered with the NCUA under certificate #1792.
Learn more about credit unions here.

Is Evolve 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 Evolve?

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

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

Evolve'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 Evolve?

Evolve has total capital of $34.55 million. Full information on Evolve's financial position is located above.

Who owns Evolve?

Credit Unions are owned by their members.

Where are Evolve branches located?

See branch locations nearby.

Are Evolve ATMs Open 24/7?

Do Evolve ATMs accept cash deposits?

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

Does Evolve have a mobile app?

Does Evolve have mobile deposit?

Does Evolve have quick pay?

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

Does Evolve report to credit bureaus?

Does Evolve use Chexsystems?

Does Evolve use Equifax?

What is Evolve's toll free phone number?

What is Evolve's ACH Routing Number?

What is Evolve's SWIFT code?

Where can I find Evolve's wire transfer form?

What is the Evolve address for deposits?

What Products Does Evolve Offer

Does Evolve offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Evolve offer auto and RV loans?

Compare auto loan rates here.

Does Evolve offer student loans or personal loans?

Compare personal loan rates here.

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