FINANCIAL RESOURCES

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

 

2019 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 - January 20, 2019

Your Current Location: Washington, WA 98109

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
Special: 9 Mo FIRA
1.51% $500 - Learn MoreShow Less
Special: 14 Mo FIRA
2.53% $500 - Learn MoreShow Less
Special: 35 Mo FIRA
2.63% $500 - Learn MoreShow Less
Special: 50 Mo FIRA
2.73% $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
Special: 9 Mo CD
1.51% $500 - Learn MoreShow Less
12 Mo CD
0.20% $500 - Learn MoreShow Less
Special: 14 Mo CD
2.53% $500 - Learn MoreShow Less
18 Mo CD
0.20% $500 - Learn MoreShow Less
24 Mo CD
0.40% $500 - Learn MoreShow Less
30 Mo CD
0.40% $500 - Learn MoreShow Less
Special: 35 Mo CD
2.63% $500 - Learn MoreShow Less
36 Mo CD
0.75% $500 - Learn MoreShow Less
48 Mo CD
0.85% $500 - Learn MoreShow Less
Special: 50 Mo CD
2.73% $500 - Learn MoreShow Less
60 Mo CD
1.01% $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 - January 20, 2019

Your Current Location: Washington, WA 98109

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 - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Vantage Mortgage Group, Inc.
NMLS ID: 35986
License#: 35986
4.532% 4.500% 0.00 $993 $1,267 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender Rate (%) Monthly Payment 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:
Seattle,Washington


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.

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*All images, logos and public notes on this page appear courtesy of FINANCIAL RESOURCES and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.