FINEX
616 Burnside Ave
East Hartford, CT 06108
2020 Overview
General Credit Union Information
Finex is an NCUA insured institution located in East Hartford, CT. It was founded in 1938 and has approximately $86.3 millions in assets.
| NCUA Insured | Yes |
| Charter Number # | # 68662 |
| Date Established | 1938 |
| Assets | $86.30 million |
| Loans | $63.14 million |
| Deposits | $73.56 million |
| Capital | $7.14 million |
Field of Membership Restrictions
Deposit Rates - January 24, 2020
Your Current Location: Washington, WA 98109
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $5 | - | Learn More |
|
Money Market
|
0.10% | $2,500 | $24,999 | Learn More |
|
Money Market
|
0.15% | $25,000 | $49,999 | Learn More |
| Fixed IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Fixed IRA
|
0.60% | $500 | - | Learn More |
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.55% | $1,000 | - | Learn More |
| 12 Mo CD
|
0.60% | $1,000 | - | Learn More |
| 18 Mo CD
|
0.65% | $1,000 | - | Learn More |
| 24 Mo CD
|
0.84% | $1,000 | - | Learn More |
| 36 Mo CD
|
1.24% | $1,000 | - | Learn More |
| 48 Mo CD
|
1.29% | $1,000 | - | Learn More |
| 60 Mo CD
|
1.24% | $1,000 | - | Learn More |
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
0.30% | $10 | - | Learn More |
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Axcess High Rate Rewards Checking | 2.02% | $0 | $6.00 | Learn More |
Loan Rates - January 24, 2020
Your Current Location: Washington, WA 98109
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 - Washington 30 Year Fixed Mortgage Rates 2020
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 2890 License#: 520-CL-25944 |
3.396% | 3.375% | 0.25 | $652 | $1,106 | Learn More |
NMLS ID: 1505422 License#: NMLS #1505422 |
3.396% | 3.375% | -0.13 | $690 | $1,106 | Learn More |
NMLS ID: 424182 |
3.524% | 3.500% | 0.25 | $750 | $1,123 | Learn More |
NMLS ID: 3030 |
4.793% | 4.750% | 0.00 | $1,250 | $1,305 | Learn More |
Featured - Washington Home Equity Line Of Credit Rates 2020
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Figure Home Equity Line |
0.000 %
|
$0 |
Learn More
More Info |
Third Federal Savings and Loans |
3.740 %
|
$0 |
Learn More
More Info |
Bethpage Federal Credit Union |
Intro APR 3.990 % After Intro: 5.000 % Intro Period: 12 months |
$25,000 |
Learn More
More Info |
Note to FINEX
To upload and update your bank's rates please register.
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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:
Seattle,Washington
Finex Locations
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 |
|---|---|
| 5.20% | 5.86 |
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, 2019, Finex had $266,436 in non-current loans and $123,500 in owned assets. To cover these potential losses it had $7,143,775 in net worth and $360,273 in loans loss reserves. That gives it a Texas Ratio of 5.20%.
Net Worth
| Finex | U.S. Average |
|---|---|
| 8.27% | 13.65% |
Finex FCU has a net worth of 8.27% versus the BestCashCow average of 13.65. 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 federal 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. 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 Finex?
Please see Field of Membership information above for information on who is eligible to join.
How big is Finex?
Finex has total capital of $7.14 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 home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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