Independence

Headquarters

301 W Lexington Ave Ste 260
Independence, MO 64050
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Independence is an NCUA insured institution located in Independence, MO. It was founded in 1963 and has approximately $2.77 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 15509
Date Established 1963
Assets $2.77 million
Loans $1.68 million
Deposits $2.56 million
Capital $0.21 million
 

Deposit Rates - April 15, 2021

Your Current Location: Connecticut, CT 06828

We do not yet have rates for Independence

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Note to Independence
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Loan Rates - April 15, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for INDEPENDENCE

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 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
2.678% 2.625% 0.25 $1,720 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.368% 3.250% 1.00 $3,750 $1,089 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.685% 2.625% 0.75 $1,975 $1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Test Advertiser QA
Test Advertiser QA
See Table
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info

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


 

Branches

Below are Independence 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


Independence Locations


Financial Details

Independence Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Independence. 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
Independence U.S. Average
34.22% 5.40

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, 2020, Independence had $74,511 in non-current loans and $3,375 in owned assets. To cover these potential losses it had $205,753 in net worth and $21,849 in loans loss reserves. That gives it a Texas Ratio of 34.22%.

Net Worth
Independence U.S. Average
7.42% 12.67%

Independence FCU has a net worth of 7.42% versus the BestCashCow average of 12.67. 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 Independence

Branches and Savings

What is Independence?

A federal credit union, registered with the NCUA under certificate #15509.
Learn more about credit unions here.

Is Independence FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Independence is insured by the NCUA.

Who can join Independence?

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

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

Independence'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 Independence?

Independence has total capital of $0.21 million. Full information on Independence's financial position is located above.

Who owns Independence?

Credit Unions are owned by their members.

Where are Independence branches located?

See branch locations nearby.

Are Independence ATMs Open 24/7?

Do Independence ATMs accept cash deposits?

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

Does Independence have a mobile app?

Does Independence have mobile deposit?

Does Independence have quick pay?

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

Does Independence report to credit bureaus?

Does Independence use Chexsystems?

Does Independence use Equifax?

What is Independence's toll free phone number?

What is Independence's ACH Routing Number?

What is Independence's SWIFT code?

Where can I find Independence's wire transfer form?

What is the Independence address for deposits?

What Products Does Independence Offer

Does Independence offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Independence offer auto and RV loans?

Compare auto loan rates here.

Does Independence offer student loans or personal loans?

Compare personal loan rates here.

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