Local #673 Federal Credit Union
Headquarters
8356 Munson Rd.
Mentor, OH 44060
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2024 Overview
General Credit Union Information
Local #673 is an NCUA insured institution located in Mentor, OH. It was founded in 1960 and has approximately $1.85 millions in assets.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 62852 |
| Date Established | 1960 |
| Assets | $1.85 million |
| Loans | $1.08 million |
| Deposits | $1.56 million |
| Capital | $0.28 million |
Deposit Rates - May 1, 2024
Your Current Location: Ohio, OH 43085
We do not yet have rates for Local #673
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Loan Rates - May 1, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Local #673
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 401822 |
6.944% | 6.750% | 1.00 | $6,400 | $2,076 | Learn More |
NMLS ID: 447490 |
6.952% | 6.875% | 0.75 | $2,493 | $2,103 | Learn More |
NMLS ID: 3030 |
7.476% | 7.375% | 1.00 | $3,200 | $2,211 | Learn More |
NMLS ID: 1907 |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to Local #673
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It is free to register and add rates.
Branches
Below are Local #673 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:
Columbus,Ohio
Climate Policy and Initiatives
LOCAL #673 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
Local #673 Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Local #673. 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
| Local #673 | U.S. Average |
|---|---|
| 17.32% | 6.97 |
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, 2023, Local #673 had $51,446 in non-current loans and $0 in owned assets. To cover these potential losses it had $278,877 in net worth and $18,099 in loans loss reserves. That gives it a Texas Ratio of 17.32%.
Net Worth
| Local #673 | U.S. Average |
|---|---|
| 15.04% | 13.62% |
Local #673 FCU has a net worth of 15.04% versus the BestCashCow average of 13.62. 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 Local #673
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