Florida Rural Electric Credit Union


Our records indicate that this credit union has been acquired by CALHOUN-LIBERTY EMPLOYEES.


Headquarters

P.o. Box 1697
Tallahassee, FL 32302
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 5.50% →
1-Year CD 0.60% 4.80% →
2-Year CD 0.75% 4.25% →
5-Year CD N.A. 4.05% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Florida Rural Electric is an NCUA insured institution located in Tallahassee, FL. It was founded in 1991 and has approximately $28.08 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 67561
Date Established 1991
Assets $28.08 million
Loans $20.98 million
Deposits $21.98 million
Capital $6.14 million
 

Field of Membership Restrictions

Florida Rural Electric Credit Union in Tallahassee is open to the current and past affiliated cooperative companies, along with the employees and members of the Florida Electric Cooperative and their family members.

Deposit Rates - December 4, 2024

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.60% $10,000 $14,999 Learn More
6 Mo CD
0.60% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.75% $10,000 $14,999 Learn More
18 Mo CD
0.75% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.75% $100,000 $199,999 Learn More
30 Mo CD
0.90% $10,000 $14,999 Learn More
30 Mo CD
0.90% $100,000 $199,999 Learn More
36 Mo CD
0.90% $10,000 $14,999 Learn More
36 Mo CD
0.90% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.20% $2,500 $3,499 Learn MoreShow Less

Loan Rates - December 4, 2024

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Florida Rural Electric

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 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
C2 Financial
NMLS ID: 135622
6.273% 6.125% 0.88 $5,117 $1,945 Learn More
Infinity Mortgage Group
NMLS ID: 35972
License#: NMLS 35972
6.352% 6.250% 0.75 $3,494 $1,971 Learn More
Sammamish Mortgage Company
NMLS ID: 118653
License#: CL-118653
6.459% 6.375% 0.88 $2,835 $1,997 Learn More
DECO Mortgage
NMLS ID: 2561451
6.496% 6.375% 0.75 $4,141 $1,997 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Rate
Rate
See Table
Intro APR
9.600 %
After Intro: 9.600 %
$25,000 Learn More
More Info

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

Branches

Below are Florida Rural Electric 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


Florida Rural Electric Locations around zip code 98109


BranchDistance Map View Lobby Hours

Main Office

2343.71 A View Lobby Hours


Climate Policy and Initiatives

FLORIDA RURAL ELECTRIC is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Florida Rural Electric Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Florida Rural Electric. 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
Florida Rural Electric U.S. Average
1.94% 5.83

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, 2024, Florida Rural Electric had $106,928 in non-current loans and $13,160 in owned assets. To cover these potential losses it had $6,142,448 in net worth and $59,303 in loans loss reserves. That gives it a Texas Ratio of 1.94%.

Net Worth
Florida Rural Electric U.S. Average
21.87% 13.93%

Florida Rural Electric FCU has a net worth of 21.87% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Florida Rural Electric

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