Mac Federal Credit Union

Headquarters

541 10th Ave
Fairbanks, AK 99701
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 5.50% →
1-Year CD 0.85% 4.80% →
2-Year CD 1.10% 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Mac is an NCUA insured institution located in Fairbanks, AK. It was founded in 1952 and has approximately $198.18 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 8080
Date Established 1952
Assets $198.18 million
Loans $161.70 million
Deposits $168.99 million
Capital $22.38 million
 

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 - November 3, 2024

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.35% $10,000 $24,999 Learn More
Money Market
0.45% $25,000 $49,999 Learn More
Money Market
0.60% $50,000 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.50% $1,000 - Learn More
12 Mo CD
0.85% $1,000 - Learn More
24 Mo CD
1.10% $1,000 - Learn More
36 Mo CD
1.35% $1,000 - Learn More
48 Mo CD
1.35% $1,000 - Learn More
Fixed IRA Rates APY MIN MAX
12 Mo FIRA
0.95% $1,000 - Learn MoreShow Less

Loan Rates - November 3, 2024

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.987% 6.875% 0.88 $3,654 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.089% 6.990% 1.00 $3,200 $2,127 Learn More
Wells Fargo Bank
NMLS ID: 399801
Learn More
Neighbors Bank
NMLS ID: 491986
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

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:
Ashburn,Virginia


Mac Locations around zip code 20146


BranchDistance Map View Lobby Hours

Fort Wainwright

4122.14 A View Lobby Hours

10th Avenue

4126.90 B View Lobby Hours

Headquarters

4128.81 C View Lobby Hours


Climate Policy and Initiatives

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


Add Your Review


or use your BestCashCow account

or

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
16.72% 5.83

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, 2024, Mac had $3,272,617 in non-current loans and $725,600 in owned assets. To cover these potential losses it had $22,382,506 in net worth and $1,536,229 in loans loss reserves. That gives it a Texas Ratio of 16.72%.

Net Worth
Mac U.S. Average
11.25% 13.93%

Mac FCU has a net worth of 11.25% versus the BestCashCow average of 13.93. 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 Mac

There are currently no comments for MAC. Be the first to share your experience. Please provide comments that will help others.


Add Your Review


or use your BestCashCow account

or