FEDMONT

Headquarters

330 EASTDALE CIR
Montgomery, AL 36117
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.26% 0.70% →
1-Year CD 1.11% 0.75% →
2-Year CD N.A. 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Fedmont is an NCUA insured institution located in Montgomery, AL. It was founded in 1960 and has approximately $14.23 millions in assets.

NCUA Insured Yes
Charter Number # # 14026
Date Established 1960
Assets $14.23 million
Loans $3.91 million
Deposits $12.63 million
Capital $1.57 million
 

Deposit Rates - January 17, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.26% $2,500 $4,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.01% $10,000 $14,999 Learn More
6 Mo CD
1.01% $100,000 $199,999 Learn More
12 Mo CD
1.11% $10,000 $14,999 Learn More
12 Mo CD
1.11% $100,000 $199,999 Learn More
18 Mo CD
1.11% $10,000 $14,999 Learn More
18 Mo CD
1.11% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.11% $2,500 $3,499 Learn MoreShow Less

Loan Rates - January 17, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for FEDMONT

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
AimLoan.com
NMLS ID: 2890
License#: 13256
2.701% 2.625% 1.00 $2,495 $1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to FEDMONT
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Branches

Below are Fedmont 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


Fedmont Locations


Financial Details

Fedmont Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Fedmont. 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
Fedmont U.S. Average
4.58% 4.42

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, 2020, Fedmont had $69,870 in non-current loans and $8,000 in owned assets. To cover these potential losses it had $1,566,212 in net worth and $132,235 in loans loss reserves. That gives it a Texas Ratio of 4.58%.

Net Worth
Fedmont U.S. Average
11% 12.91%

Fedmont FCU has a net worth of 11% versus the BestCashCow average of 12.91. 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 Fedmont

Branches and Savings

What is Fedmont?

A federal credit union, registered with the NCUA under certificate #14026.
Learn more about credit unions here.

Is Fedmont FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Fedmont?

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

What are Fedmont's share account and share certificate rates?

Fedmont'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 Fedmont?

Fedmont has total capital of $1.57 million. Full information on Fedmont's financial position is located above.

Who owns Fedmont?

Credit Unions are owned by their members.

Where are Fedmont branches located?

See branch locations nearby.

Are Fedmont ATMs Open 24/7?

Do Fedmont ATMs accept cash deposits?

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

Does Fedmont have a mobile app?

Does Fedmont have mobile deposit?

Does Fedmont have quick pay?

How can Fedmont transfer money to other banks or credit unions?

Does Fedmont report to credit bureaus?

Does Fedmont use Chexsystems?

Does Fedmont use Equifax?

What is Fedmont's toll free phone number?

What is Fedmont's ACH Routing Number?

What is Fedmont's SWIFT code?

Where can I find Fedmont's wire transfer form?

What is the Fedmont address for deposits?

What Products Does Fedmont Offer

Does Fedmont offer mortgages?

Compare mortgage rates here.

Does Fedmont offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Fedmont offer auto and RV loans?

Compare auto loan rates here.

Does Fedmont offer student loans or personal loans?

Compare personal loan rates here.

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