FORTERA

2050 Lowes Dr
Clarksville, TN 37040

Notable Rates APY Vs.Others
Savings 0.20% 2.30% →
1-Year CD 1.50% 2.25% →
2-Year CD 1.80% 2.50% →
5-Year CD 2.05% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Fortera is an NCUA insured institution located in Clarksville, TN. It was founded in 1954 and has approximately $574.35 millions in assets.

NCUA Insured Yes
Charter Number # # 9759
Date Established 1954
Assets $574.35 million
Loans $461.62 million
Deposits $468.82 million
Capital $84.20 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Montgomery or Stewart counties in Tennessee or Christian, Trigg or Todd counties in Kentucky.

Deposit Rates - December 10, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $2,500 $9,999 Learn MoreShow Less
Money Market
0.30% $10,000 $24,999 Learn MoreShow Less
Money Market
0.35% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.35% $1 $24,999 Learn MoreShow Less
Premium Money Market Account
0.40% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.50% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.45% $1,000 $99,999 Learn MoreShow Less
3 Mo CD
0.45% $100,000 - Learn MoreShow Less
6 Mo CD
0.60% $1,000 $99,999 Learn MoreShow Less
6 Mo CD
0.60% $100,000 - Learn MoreShow Less
1.50% $1,000 $99,999 Learn MoreShow Less
12 Mo CD
1.50% $100,000 - Learn MoreShow Less
18 Mo CD
1.20% $1,000 $99,999 Learn MoreShow Less
24 Mo CD
1.80% $1,000 $99,999 Learn MoreShow Less
24 Mo CD
1.80% $100,000 - Learn MoreShow Less
30 Mo CD
1.70% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
1.75% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
1.75% $100,000 - Learn MoreShow Less
1.85% $1,000 $99,999 Learn MoreShow Less
48 Mo CD
1.85% $100,000 - Learn MoreShow Less
60 Mo CD
2.05% $1,000 $99,999 Learn MoreShow Less
60 Mo CD
2.05% $100,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.60% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 $999 Learn MoreShow Less
Int Ckg
0.15% $2,500 - Learn MoreShow Less

Loan Rates - December 10, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for FORTERA

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
3.625% 3.625% 0.00 ($85) $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.625% 3.625% -0.13 ($362) $1,141 Learn More
Hamilton National Mortgage Co.
NMLS ID: 122701
3.662% 3.625% 0.50 $1,150 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Atlantic Union Bank
Atlantic Union Bank
4.750 %
$15,000 Learn More
More Info

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



Branches

Below are Fortera 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:
Ashburn,Virginia


Fortera Locations


Financial Details

Fortera Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Fortera. 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
Fortera U.S. Average
4.52% 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, Fortera had $3,795,286 in non-current loans and $192,838 in owned assets. To cover these potential losses it had $84,202,377 in net worth and $4,065,031 in loans loss reserves. That gives it a Texas Ratio of 4.52%.

Net Worth
Fortera U.S. Average
14.66% 13.65%

Fortera FCU has a net worth of 14.66% 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 Fortera

Branches and Savings

What is Fortera?

A federal credit union, registered with the NCUA under certificate #9759.
Learn more about credit unions here.

Is Fortera 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 Fortera?

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

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

Fortera'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 Fortera?

Fortera has total capital of $84.20 million. Full information on Fortera's financial position is located above.

Who owns Fortera?

Credit Unions are owned by their members.

Where are Fortera branches located?

See branch locations nearby.

Are Fortera ATMs Open 24/7?

Do Fortera ATMs accept cash deposits?

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

Does Fortera have a mobile app?

Does Fortera have mobile deposit?

Does Fortera have quick pay?

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

Does Fortera report to credit bureaus?

Does Fortera use Chexsystems?

Does Fortera use Equifax?

What is Fortera's toll free phone number?

What is Fortera's ACH Routing Number?

What is Fortera's SWIFT code?

Where can I find Fortera's wire transfer form?

What is the Fortera address for deposits?

What Products Does Fortera Offer

Does Fortera offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Fortera offer auto and RV loans?

Compare auto loan rates here.

Does Fortera offer student loans or personal loans?

Compare personal loan rates here.

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