Horizons Federal Credit Union


Our records indicate that this credit union has been acquired by EMPOWER.


Headquarters

120 Main St
Binghamton, NY 13905
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.65% →
1-Year CD 0.40% 2.02% →
2-Year CD N.A. 3.00% →
5-Year CD 0.75% 3.50% →
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

Horizons is an NCUA insured institution located in Binghamton, NY. It was founded in 1937 and has approximately $141.26 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 2041
Date Established 1937
Assets $141.26 million
Loans $114.88 million
Deposits $127.54 million
Capital $13.12 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in, and businesses and other legal entities located in Broome County, New York.

Deposit Rates - June 28, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.30% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.35% $500 - Learn More
12 Mo CD
0.40% $500 - Learn More
30 Mo CD
0.60% $500 - Learn More
60 Mo CD
0.75% $500 - Learn More

Loan Rates - June 28, 2022

Your Current Location: California, CA 92111

There are currently no loan rates available for HORIZONS

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
AimLoan.com
NMLS ID: 2890
License#: 413-0477
5.483% 5.375% 0.75 $3,012 $1,400 Learn More
First Internet Bank
NMLS ID: 424182
5.574% 5.500% 0.88 $2,058 $1,420 Learn More

Featured - California Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

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


 

Branches

Below are Horizons 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


Horizons Locations



Climate Initiatives

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

Financial Details

Horizons Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Horizons. 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
Horizons U.S. Average
2.77% 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, Horizons had $397,438 in non-current loans and $8,835 in owned assets. To cover these potential losses it had $13,122,867 in net worth and $1,523,103 in loans loss reserves. That gives it a Texas Ratio of 2.77%.

Net Worth
Horizons U.S. Average
9.29% 12.36%

Horizons FCU has a net worth of 9.29% 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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