Farmers Insurance Group Federal Credit Union
Po Box 36911
Los Angeles, CA 90036
See all branch locations →
2023 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 $1324.65 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 | $1,324.65 million |
| Loans | $1,227.79 million |
| Deposits | $1,093.26 million |
| Capital | $138.08 million |
Field of Membership Restrictions
Deposit Rates - March 20, 2023
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 - March 20, 2023
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 2023
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: Not lender |
Learn More |
Featured - Virginia Home Equity Line Of Credit Rates 2023
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Bethpage Federal Credit Union See Table |
Intro APR 7.240 % After Intro: 8.250 % Intro Period: 12 months |
$25,000 |
Learn More
More Info |
Third Federal Savings and Loan See Table |
6.990 %
|
$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
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 |
|---|---|
| 1.66% | 4.63 |
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 September 30, 2022, Farmers Insurance Group had $2,428,583 in non-current loans and $26,787 in owned assets. To cover these potential losses it had $138,077,894 in net worth and $9,771,636 in loans loss reserves. That gives it a Texas Ratio of 1.66%.
Net Worth
| Farmers Insurance Group | U.S. Average |
|---|---|
| 10.42% | 12.52% |
Farmers Insurance Group FCU has a net worth of 10.42% versus the BestCashCow average of 12.52. 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 Farmers Insurance Group
There are currently no comments for FARMERS INSURANCE GROUP. Be the first to share your experience. Please provide comments that will help others.
Add Your Review