FINANCIAL RESOURCES

520 ROUTE 22 EAST, 1ST FLOOR
Bridgewater, NJ 08807

 

2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 6665
Date Established 1950
Assets $466.74 million
Loans $398.79 million
Deposits $404.13 million
Capital $43.56 million

Financial Resources is an NCUA insured institution located in Bridgewater, NJ. It was founded in 1950 and has approximately $466.74 millions in assets.

Who can join?

If you work for or are retired from a select company or organization, or if you are related to or live with someone who is already a member, you can join Financial Resources.

Family members include parents, brothers, sisters, children, in-laws, nieces, nephews, grandparents, grandchildren, aunts, uncles, stepchildren, stepparents, first cousins and spouses of any of the above.

Field of Membership Restrictions

Membership in Financial Resources Federal Credit Union is open to anyone through joining the American Consumer Council. Membership is also open to those who live, work, attend school or worship in Flemington Borough or the Greater New Brunswick area in New Jersey and to employees of Franklin Township and over 100 area Select Employer Groups.

Deposit Rates - October 15, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.20% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.10% $500 - Learn MoreShow Less
6 Mo CD
0.15% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.05% $1,000 $4,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - October 15, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for FINANCIAL RESOURCES

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
PenFed Credit Union
NMLS ID: 401822
4.836% 4.750% 0.00 $2,500 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

Note to FINANCIAL RESOURCES
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Financial Resources 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


Financial Resources Locations

Financial Details

Financial Resources Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Financial Resources. 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 Resources U.S. Average
12.24% 5.78

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, 2018, Financial Resources had $5,449,832 in non-current loans and $220,975 in owned assets. To cover these potential losses it had $43,564,548 in net worth and $2,780,242 in loans loss reserves. That gives it a Texas Ratio of 12.24%.

Net Worth
Financial Resources U.S. Average
9.33% 13.21%

Financial Resources FCU has a net worth of 9.33% versus the BestCashCow average of 13.21. 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 On Financial Resources

What is Financial Resources?

A federal credit union, registered with the NCUA under certificate #6665.
Learn more about credit unions here.

Is Financial Resources 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 Resources?

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

What are Financial Resources's share account and share certificate rates?

Financial Resources'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 Financial Resources?

Financial Resources has total capital of $43.56 million. Full information on Financial Resources's financial position is located above.

Who owns Financial Resources?

Credit Unions are owned by their members.

Where are Financial Resources branches located?

See branch locations nearby.

Are Financial Resources ATMs Open 24/7?

Do Financial Resources ATMs accept cash deposits?

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

Does Financial Resources have a mobile app?

Does Financial Resources have mobile deposit?

Does Financial Resources have quick pay?

How can Financial Resources transfer money to other banks or credit unions?

Does Financial Resources report to credit bureaus?

Does Financial Resources use Chexsystems?

Does Financial Resources use Equifax?

What is Financial Resources's toll free phone number?

What is Financial Resources's ACH Routing Number?

What is Financial Resources's SWIFT code?

Where can I find Financial Resources's wire transfer form?

What is the Financial Resources address for deposits?

What Products Does Financial Resources Offer

Does Financial Resources offer mortgages?

Compare mortgage rates here.

Does Financial Resources offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Financial Resources offer auto and RV loans?

Compare auto loan rates here.

Does Financial Resources offer student loans or personal loans?

Compare personal loan rates here.

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