2022 Overview
General Credit Union Information
Finex is an NCUA insured institution located in East Hartford, CT. It was founded in 1938 and has approximately $104.67 millions in assets.
| NCUA Insured | Yes / State-Chartered |
| Charter Number # | # 68662 |
| Date Established | 1938 |
| Assets | $104.67 million |
| Loans | $65.62 million |
| Deposits | $90.25 million |
| Capital | $9.35 million |
Field of Membership Restrictions
Deposit Rates - May 16, 2022
Your Current Location: California, CA 92111
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.05% | $2,500 | $4,999 |
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|
|
Money Market
|
0.10% | $2,500 | $2,999 |
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|
|
Money Market
|
0.10% | $10,000 | $14,999 |
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|
|
Money Market
|
0.15% | $25,000 | $29,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.25% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.25% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.30% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.30% | $100,000 | $199,999 |
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|
| 18 Mo CD
|
0.30% | $10,000 | $14,999 |
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|
| 18 Mo CD
|
0.30% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.35% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.35% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
0.45% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
0.45% | $100,000 | $199,999 |
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|
| 48 Mo CD
|
0.55% | $10,000 | $14,999 |
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|
| 48 Mo CD
|
0.55% | $100,000 | $199,999 |
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|
| 60 Mo CD
|
0.65% | $10,000 | $14,999 |
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|
| 60 Mo CD
|
0.65% | $100,000 | $199,999 |
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|
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Axcess High Rate Rewards Checking | 1.51% | $0 | $6.00 | Learn More |
Loan Rates - May 16, 2022
Your Current Location: California, CA 92111
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 - California 30 Year Fixed Mortgage Rates 2022
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 3030 |
6.002% | 5.875% | 0.88 | $3,438 | $1,479 | Learn More |
NMLS ID: 503941 |
5.260% | 5.175% | 1.00 | $2,395 | $1,369 | Learn More |
NMLS ID: 1612358 |
4.948% | 4.875% | 0.38 | $2,196 | $1,324 | Learn More |
NMLS ID: 377740 License#: 377740 |
4.577% | 4.375% | 1.00 | $6,000 | $1,249 | Learn More |
Featured - California Home Equity Line Of Credit Rates 2022
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|
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:
San Diego,California
Climate Initiatives
FINEX is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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 |
|---|---|
| 5.82% | 4.85 |
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 December 31, 2021, Finex had $546,194 in non-current loans and $57,000 in owned assets. To cover these potential losses it had $9,351,773 in net worth and $1,010,702 in loans loss reserves. That gives it a Texas Ratio of 5.82%.
Net Worth
| Finex | U.S. Average |
|---|---|
| 8.93% | 12.36% |
Finex FCU has a net worth of 8.93% versus the BestCashCow average of 12.36. 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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