MAC

541 10th Ave
Fairbanks, AK 99701

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 8080
Date Established 1952
Assets $107.71 million
Loans $82.27 million
Deposits $85.59 million
Capital $19.83 million

Mac is an NCUA insured institution located in Fairbanks, AK. It was founded in 1952 and has approximately $107.71 millions in assets.

Field of Membership Restrictions

Membership in MAC Federal Credit Union is open to anyone through membership in the Polar Bear Chapter of the Association of the United States Army ($30 two-year membership). Membership is also open to those who live, work, attend school or worship in Fairbanks, Ft. Wainwright, North Pole, Badger Road, Chena Ridge, UAF, Eielson AFB, Ester, Farmers Loop, Fox, Goldstream, Harding-Birch Lakes, Moose Creek, Pleasant Valley, Salcha, South Van Horn, Steele Creek, Two Rivers, Chena Hot Springs, Chatanika in Alaska.

Deposit Rates - January 20, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $2,500 $4,999 Learn MoreShow Less
Money Market
0.50% $10,000 $24,999 Learn MoreShow Less
Money Market
0.60% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
2.80% $1 $50,000 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.55% $1,000 - Learn MoreShow Less
12 Mo CD
2.20% $1,000 - Learn MoreShow Less
24 Mo CD
2.80% $1,000 - Learn MoreShow Less
36 Mo CD
3.10% $1,000 - Learn MoreShow Less
48 Mo CD
3.30% $1,000 - Learn MoreShow Less

Loan Rates - January 20, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for MAC

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Vantage Mortgage Group, Inc.
NMLS ID: 35986
License#: 35986
4.532% 4.500% 0.00 $993 $1,267 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender Rate (%) Monthly Payment Learn More

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

Branches

Below are Mac 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:
Seattle,Washington


Mac Locations

Financial Details

Mac Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mac. 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
Mac U.S. Average
9.03% 5.78

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, 2018, Mac had $1,649,847 in non-current loans and $370,074 in owned assets. To cover these potential losses it had $19,830,770 in net worth and $2,542,347 in loans loss reserves. That gives it a Texas Ratio of 9.03%.

Net Worth
Mac U.S. Average
18.41% 13.21%

Mac FCU has a net worth of 18.41% versus the BestCashCow average of 13.21. 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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*All images, logos and public notes on this page appear courtesy of MAC and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.