Family Savings Credit Union

Headquarters

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

Notable Rates APY Vs.Others
Savings 0.20% 4.01% →
1-Year CD 0.80% 4.65% →
2-Year CD 1.00% 4.73% →
5-Year CD 1.21% 4.75% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 1.93% →

2022 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 $705.8 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 68628
Date Established 1951
Assets $705.80 million
Loans $563.38 million
Deposits $627.07 million
Capital $70.54 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 - December 1, 2022

Your Current Location: Virginia, VA 20146

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 - December 1, 2022

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
5.758% 5.690% 0.75 $1,858 $1,450 Learn More
Eligibility.org
NMLS ID: 1907
Learn More
Neighbors Bank
NMLS ID:
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
6.490 %
After Intro: 7.500 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
6.240 %
$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:
Ashburn,Virginia


Family Savings Locations



Climate Initiatives

FAMILY SAVINGS is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

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
8.69% 4.24

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, 2022, Family Savings had $6,006,716 in non-current loans and $335,149 in owned assets. To cover these potential losses it had $70,542,822 in net worth and $2,460,373 in loans loss reserves. That gives it a Texas Ratio of 8.69%.

Net Worth
Family Savings U.S. Average
9.99% 12.40%

Family Savings FCU has a net worth of 9.99% versus the BestCashCow average of 12.40. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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