Finex

Headquarters

616 Burnside Ave
East Hartford, CT 06108
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.85% →
1-Year CD 0.30% 0.70% →
2-Year CD 0.35% 0.75% →
5-Year CD 0.65% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Finex is an NCUA insured institution located in East Hartford, CT. It was founded in 1938 and has approximately $109.89 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 68662
Date Established 1938
Assets $109.89 million
Loans $61.74 million
Deposits $94.53 million
Capital $8.99 million
 

Field of Membership Restrictions

Membership is open to those who live, work or worship in Hartford or Tolland counties or have a family member who is already a member.

Deposit Rates - September 20, 2021

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
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.30% $10,000 $14,999 Learn More
18 Mo CD
0.30% $100,000 $199,999 Learn More
24 Mo CD
0.35% $10,000 $14,999 Learn More
24 Mo CD
0.35% $100,000 $199,999 Learn More
36 Mo CD
0.45% $10,000 $14,999 Learn More
36 Mo CD
0.45% $100,000 $199,999 Learn More
48 Mo CD
0.55% $10,000 $14,999 Learn More
48 Mo CD
0.55% $100,000 $199,999 Learn More
60 Mo CD
0.65% $10,000 $14,999 Learn More
60 Mo CD
0.65% $100,000 $199,999 Learn More
Checking Rates APY MIN FEE
Axcess High Rate Rewards Checking 1.51% $0 $6.00 Learn MoreShow Less

Loan Rates - September 20, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for FINEX

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
PADDIO
NMLS ID: 1907
2.808% 2.750% -0.25 $1,875 $1,021 Learn More
CIT Bank
NMLS ID: 541760
2.811% 2.750% 0.75 $1,988 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

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


 

Branches

Below are Finex 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 Details

Finex Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Finex. 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
Finex U.S. Average
4.96% 4.38

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 31, 2021, Finex had $439,913 in non-current loans and $57,000 in owned assets. To cover these potential losses it had $8,985,716 in net worth and $1,027,457 in loans loss reserves. That gives it a Texas Ratio of 4.96%.

Net Worth
Finex U.S. Average
8.17% 12.20%

Finex FCU has a net worth of 8.17% versus the BestCashCow average of 12.20. 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 Finex

Branches and Savings

What is Finex?

A credit union, registered with the NCUA under certificate #68662.
Learn more about credit unions here.

Is Finex FDIC insured?

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

Who can join Finex?

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

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

Finex'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 Finex?

Finex has total capital of $8.99 million. Full information on Finex's financial position is located above.

Who owns Finex?

Credit Unions are owned by their members.

Where are Finex branches located?

See branch locations nearby.

Are Finex ATMs Open 24/7?

Do Finex ATMs accept cash deposits?

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

Does Finex have a mobile app?

Does Finex have mobile deposit?

Does Finex have quick pay?

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

Does Finex report to credit bureaus?

Does Finex use Chexsystems?

Does Finex use Equifax?

What is Finex's toll free phone number?

What is Finex's ACH Routing Number?

What is Finex's SWIFT code?

Where can I find Finex's wire transfer form?

What is the Finex address for deposits?

What Products Does Finex Offer

Does Finex offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Finex offer auto and RV loans?

Compare auto loan rates here.

Does Finex offer student loans or personal loans?

Compare personal loan rates here.

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