Farmers Insurance Group Federal Credit Union

Headquarters

Po Box 36911
Los Angeles, CA 90036
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.30% 0.85% →
1-Year CD 0.90% 0.85% →
2-Year CD 1.11% 0.80% →
5-Year CD 1.41% 1.25% →
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

Farmers Insurance Group is an NCUA insured institution located in Los Angeles, CA. It was founded in 1936 and has approximately $1251.41 millions in assets.

Who can join?

Primarily served are those associated with Farmers Insurance Group (including Foremost, Bristol West and 21st Century)

Employees, agents, and agents' employees

Employees and agents of Farmers New World Life in Mercer Island, WA

Immediate family members of current members and eligible nonmembers

Retirees

Employees of Farmers Financial Services

Members of other select, associated groups in Arizona, California, Colorado, Florida, Idaho, Kansas, Oklahoma, and Oregon are also eligible to join.

NCUA Insured Yes / Federally Chartered
Charter Number # # 1074
Date Established 1936
Assets $1,251.41 million
Loans $982.54 million
Deposits $1,013.25 million
Capital $127.51 million
 

Field of Membership Restrictions

Membership in Farmers Insurance Group Federal Credit Union is open to employees or agents of Farmers Insurance, Foremost, BristolWest, 21st Century, Farmers New World Life, Farmers Financial Services, and their immediate family. Membership is also open employees of select groups.

Deposit Rates - December 8, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.30% $2,500 $4,999 Learn More
Money Market
0.40% $2,500 $2,999 Learn More
Money Market
0.50% $10,000 $14,999 Learn More
Money Market
0.60% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.55% $10,000 $14,999 Learn More
6 Mo CD
0.70% $100,000 $199,999 Learn More
12 Mo CD
0.75% $10,000 $14,999 Learn More
12 Mo CD
0.90% $100,000 $199,999 Learn More
18 Mo CD
0.85% $10,000 $14,999 Learn More
18 Mo CD
1.00% $100,000 $199,999 Learn More
24 Mo CD
0.95% $10,000 $14,999 Learn More
24 Mo CD
1.11% $100,000 $199,999 Learn More
30 Mo CD
1.06% $10,000 $14,999 Learn More
30 Mo CD
1.21% $100,000 $199,999 Learn More
36 Mo CD
1.06% $10,000 $14,999 Learn More
36 Mo CD
1.21% $100,000 $199,999 Learn More
48 Mo CD
1.16% $10,000 $14,999 Learn More
48 Mo CD
1.31% $100,000 $199,999 Learn More
60 Mo CD
1.26% $10,000 $14,999 Learn More
60 Mo CD
1.41% $100,000 $199,999 Learn More

Loan Rates - December 8, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for FARMERS INSURANCE GROUP

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 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
2.918% 2.875% 0.50 $1,375 $1,038 Learn More

Featured - Virginia 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
Flagstar Bank-Heloc
Flagstar Bank-Heloc
See Table
4.990 %
$0 Learn More
More Info

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


 

Branches

Below are Farmers Insurance Group 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


Farmers Insurance Group Locations



Climate Initiatives

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

Financial Details

Farmers Insurance Group Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers Insurance Group. 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
Farmers Insurance Group U.S. Average
1.42% 3.79

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, 2021, Farmers Insurance Group had $1,925,094 in non-current loans and $4,016 in owned assets. To cover these potential losses it had $127,510,138 in net worth and $8,098,937 in loans loss reserves. That gives it a Texas Ratio of 1.42%.

Net Worth
Farmers Insurance Group U.S. Average
10.18% 12.22%

Farmers Insurance Group FCU has a net worth of 10.18% versus the BestCashCow average of 12.22. 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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