Family Savings

Headquarters

205 Rescia Ave
Rainbow City, AL 35906
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.65% →
1-Year CD 0.80% 0.70% →
2-Year CD 1.00% 0.75% →
5-Year CD 1.21% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Family Savings is an NCUA insured institution located in Rainbow City, AL. It was founded in 1951 and has approximately $572.94 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 68628
Date Established 1951
Assets $572.94 million
Loans $382.88 million
Deposits $507.35 million
Capital $59.09 million
 

Field of Membership Restrictions

Membership in Family Savings Credit Union is open to those who live, work, worship or attend school in Etowah, Marshall, DeKalb, Jackson, Cherokee, Calhoun, Cleburne, Madison, Blount and St. Clair Counties in Alabama or those who live in Bartow, Catoosa, Chattooga, Dade, Floyd, Gordon, Haralson, Paulding, Polk and Walker Counties in Georgia.

Deposit Rates - June 16, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.80% $10,000 $14,999 Learn More
12 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.10% $10,000 $14,999 Learn More
36 Mo CD
1.10% $100,000 $199,999 Learn More
48 Mo CD
1.15% $10,000 $14,999 Learn More
48 Mo CD
1.15% $100,000 $199,999 Learn More
60 Mo CD
1.21% $10,000 $14,999 Learn More
60 Mo CD
1.21% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.15% $1 $499 Learn MoreShow Less

Loan Rates - June 16, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for FAMILY SAVINGS

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
Neighbors Bank
NMLS ID: 491986
2.914% 2.875% 0.50 $1,250 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
1.990 %
After Intro: 4.840 %
Intro Period: 12 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

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


 

Branches

Below are Family Savings 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


Family Savings Locations


Financial Details

Family Savings Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Family Savings. 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
Family Savings U.S. Average
9.02% 5.40

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, 2020, Family Savings had $5,296,679 in non-current loans and $280,437 in owned assets. To cover these potential losses it had $59,092,064 in net worth and $2,726,555 in loans loss reserves. That gives it a Texas Ratio of 9.02%.

Net Worth
Family Savings U.S. Average
10.31% 12.67%

Family Savings FCU has a net worth of 10.31% versus the BestCashCow average of 12.67. 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 Family Savings

Branches and Savings

What is Family Savings?

A credit union, registered with the NCUA under certificate #68628.
Learn more about credit unions here.

Is Family Savings 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. Family Savings is insured by the NCUA.

Who can join Family Savings?

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

What are Family Savings's share account and share certificate rates?

Family Savings'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 Family Savings?

Family Savings has total capital of $59.09 million. Full information on Family Savings's financial position is located above.

Who owns Family Savings?

Credit Unions are owned by their members.

Where are Family Savings branches located?

See branch locations nearby.

Are Family Savings ATMs Open 24/7?

Do Family Savings ATMs accept cash deposits?

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

Does Family Savings have a mobile app?

Does Family Savings have mobile deposit?

Does Family Savings have quick pay?

How can Family Savings transfer money to other banks or credit unions?

Does Family Savings report to credit bureaus?

Does Family Savings use Chexsystems?

Does Family Savings use Equifax?

What is Family Savings's toll free phone number?

What is Family Savings's ACH Routing Number?

What is Family Savings's SWIFT code?

Where can I find Family Savings's wire transfer form?

What is the Family Savings address for deposits?

What Products Does Family Savings Offer

Does Family Savings offer mortgages?

Compare mortgage rates here.

Does Family Savings offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Family Savings offer auto and RV loans?

Compare auto loan rates here.

Does Family Savings offer student loans or personal loans?

Compare personal loan rates here.

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