Hereford Texas Federal Credit Union

Headquarters

330 Schley Ave
Hereford, TX 79045
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.35% 2.55% →
1-Year CD 0.20% 2.85% →
2-Year CD 0.30% 3.20% →
5-Year CD N.A. 3.65% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Hereford Texas is an NCUA insured institution located in Hereford, TX. It was founded in 1936 and has approximately $71.28 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 1401
Date Established 1936
Assets $71.28 million
Loans $42.94 million
Deposits $55.27 million
Capital $14.17 million
 

Field of Membership Restrictions

Open to anyone with a connection the the City of Hereford.

Deposit Rates - August 16, 2022

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.15% $1,000 - Learn More
12 Mo CD
0.20% $1,000 - Learn More
18 Mo CD
0.25% $1,000 - Learn More
24 Mo CD
0.30% $1,000 - Learn More
30 Mo CD
0.35% $1,000 - Learn More
36 Mo CD
0.40% $1,000 - Learn More

Loan Rates - August 16, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for HEREFORD TEXAS

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 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Citizens Bank
NMLS ID: 503941
5.202% 5.125% 0.88 $2,180 $1,362 Learn More
Morty, Inc.
NMLS ID: 1429243
4.687% 4.625% 0.75 $1,800 $1,286 Learn More
CHASE
NMLS ID: 399798
5.454% 5.375% 0.88 $2,195 $1,400 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

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


 

Branches

Below are Hereford Texas 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


Hereford Texas Locations



Climate Initiatives

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

Financial Details

Hereford Texas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Hereford Texas. 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
Hereford Texas U.S. Average
9.66% 4.75

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, 2022, Hereford Texas had $1,363,809 in non-current loans and $27,246 in owned assets. To cover these potential losses it had $14,170,198 in net worth and $233,910 in loans loss reserves. That gives it a Texas Ratio of 9.66%.

Net Worth
Hereford Texas U.S. Average
19.88% 12.28%

Hereford Texas FCU has a net worth of 19.88% versus the BestCashCow average of 12.28. 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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