Fall River Municipal Credit Union
Headquarters
333 Milliken Blvd
Fall River, MA 02721
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2024 Overview
General Credit Union Information
Fall River Municipal is an NCUA insured institution located in Fall River, MA. It was founded in 1930 and has approximately $282.34 millions in assets.
Who can join?
At Fall River Municipal Credit Union, membership is open to individuals who reside, work, or have a place of business in Bristol, Plymouth, and Barnstable Counties in Massachusetts or in the towns of Tiverton, Little Compton, and Portsmouth Rhode Island, and to members of their immediate family or household.
| NCUA Insured | Yes / State-Chartered |
| Charter Number # | # 67894 |
| Date Established | 1930 |
| Assets | $282.34 million |
| Loans | $175.91 million |
| Deposits | $194.06 million |
| Capital | $29.15 million |
Field of Membership Restrictions
Fall River Municipal Credit Union of Massachusetts is open to the residents, businesses, people that maintain employment, and the registered students in these eligible counties: Massachusetts- Bristol, Plymouth, and Barnstable, Rhode Island- Bristol and Newport, as well as the direct family and/or household members of these eligible persons.
Deposit Rates - May 6, 2024
Your Current Location: Ohio, OH 43085
We do not yet have rates for Fall River Municipal
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Loan Rates - May 6, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Fall River Municipal
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 401822 |
6.553% | 6.375% | 0.88 | $6,000 | $1,997 | Learn More |
NMLS ID: 447490 |
6.595% | 6.500% | 1.00 | $3,171 | $2,023 | Learn More |
NMLS ID: 1025894 |
6.864% | 6.750% | 1.00 | $3,734 | $2,076 | Learn More |
NMLS ID: 3030 |
7.212% | 7.125% | 0.88 | $2,800 | $2,156 | Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to Fall River Municipal
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It is free to register and add rates.
Branches
Below are Fall River Municipal 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:
Columbus,Ohio
Climate Policy and Initiatives
FALL RIVER MUNICIPAL is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
Fall River Municipal Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Fall River Municipal. 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
| Fall River Municipal | U.S. Average |
|---|---|
| 7.53% | 6.97 |
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 December 31, 2023, Fall River Municipal had $1,978,532 in non-current loans and $265,000 in owned assets. To cover these potential losses it had $29,149,551 in net worth and $650,748 in loans loss reserves. That gives it a Texas Ratio of 7.53%.
Net Worth
| Fall River Municipal | U.S. Average |
|---|---|
| 10.32% | 13.62% |
Fall River Municipal FCU has a net worth of 10.32% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Fall River Municipal
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