2020 Overview
General Credit Union Information
Financial Plus is an NCUA insured institution located in Flint, MI. It was founded in 1952 and has approximately $603.03 millions in assets.
| NCUA Insured | Yes |
| Charter Number # | # 68646 |
| Date Established | 1952 |
| Assets | $603.03 million |
| Loans | $349.28 million |
| Deposits | $514.50 million |
| Capital | $77.58 million |
Field of Membership Restrictions
Deposit Rates - August 8, 2020
Your Current Location: Connecticut, CT 06828
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.05% | $2,500 | $4,999 |
Learn More
|
|
Money Market
|
0.20% | $2,500 | $2,999 |
Learn More
|
|
Money Market
|
0.20% | $10,000 | $14,999 |
Learn More
|
|
Money Market
|
0.20% | $25,000 | $29,999 |
Learn More
|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 3 Mo CD
|
0.45% | $10,000 | $14,999 |
Learn More
|
| 3 Mo CD
|
0.45% | $100,000 | $199,999 |
Learn More
|
| 6 Mo CD
|
0.50% | $10,000 | $14,999 |
Learn More
|
| 6 Mo CD
|
0.50% | $100,000 | $199,999 |
Learn More
|
| 12 Mo CD
|
0.70% | $10,000 | $14,999 |
Learn More
|
| 12 Mo CD
|
0.70% | $100,000 | $199,999 |
Learn More
|
| 18 Mo CD
|
0.75% | $10,000 | $14,999 |
Learn More
|
| 18 Mo CD
|
0.75% | $100,000 | $199,999 |
Learn More
|
| 24 Mo CD
|
0.85% | $10,000 | $14,999 |
Learn More
|
| 24 Mo CD
|
0.85% | $100,000 | $199,999 |
Learn More
|
| 30 Mo CD
|
0.90% | $10,000 | $14,999 |
Learn More
|
| 30 Mo CD
|
0.90% | $100,000 | $199,999 |
Learn More
|
| 36 Mo CD
|
0.95% | $10,000 | $14,999 |
Learn More
|
| 36 Mo CD
|
0.95% | $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
|
1.35% | $10,000 | $14,999 |
Learn More
|
| 60 Mo CD
|
1.35% | $100,000 | $199,999 |
Learn More
|
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
0.10% | $1 | $499 | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.10% | $2,500 | $3,499 | Learn More |
Loan Rates - August 8, 2020
Your Current Location: Connecticut, CT 06828
There are currently no loan rates available for FINANCIAL PLUS
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 2020
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 2890 License#: 13256 |
2.914% | 2.875% | 0.50 | $1,250 | $1,038 | Learn More |
Featured - Connecticut Home Equity Line Of Credit Rates 2020
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loans |
2.990 %
|
$0 |
Learn More
More Info |
Note to FINANCIAL PLUS
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Financial Plus 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
Financial Plus Locations
Financial Details
Financial Plus Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Financial Plus. 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
| Financial Plus | U.S. Average |
|---|---|
| 3.26% | 6.71 |
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 March 30, 2020, Financial Plus had $2,186,042 in non-current loans and $470,427 in owned assets. To cover these potential losses it had $77,580,794 in net worth and $3,997,628 in loans loss reserves. That gives it a Texas Ratio of 3.26%.
Net Worth
| Financial Plus | U.S. Average |
|---|---|
| 12.86% | 13.61% |
Financial Plus FCU has a net worth of 12.86% versus the BestCashCow average of 13.61. 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 Financial Plus
Branches and Savings
What is Financial Plus?
A federal credit union, registered with the NCUA under certificate #68646.
Learn more about credit unions here.
Is Financial Plus 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 Financial Plus?
Please see Field of Membership information above for information on who is eligible to join.
How big is Financial Plus?
Financial Plus has total capital of $77.58 million. Full information on Financial Plus's financial position is located above.
Who owns Financial Plus?
Credit Unions are owned by their members.
Where are Financial Plus branches located?
See branch locations nearby.
Are Financial Plus ATMs Open 24/7?
Do Financial Plus ATMs accept cash deposits?
Can Financial Plus customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does Financial Plus have a mobile app?
Does Financial Plus have mobile deposit?
Does Financial Plus have quick pay?
How can Financial Plus transfer money to other banks or credit unions?
Does Financial Plus report to credit bureaus?
Does Financial Plus use Chexsystems?
Does Financial Plus use Equifax?
What is Financial Plus's toll free phone number?
What is Financial Plus's ACH Routing Number?
What is Financial Plus's SWIFT code?
Where can I find Financial Plus's wire transfer form?
What is the Financial Plus address for deposits?
What Products Does Financial Plus Offer
Does Financial Plus offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
There are currently no comments for Financial Plus. Be the first to share your experience. Please provide comments that will help others.
Add Your Review