Madison County

621 E 8th St
Anderson, IN 46012

Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 306
Date Established 1935
Assets $68.94 million
Loans $38.18 million
Deposits $63.83 million
Capital $4.82 million

Madison County is an NCUA insured institution located in Anderson, IN. It was founded in 1935 and has approximately $68.94 millions in assets.

Field of Membership Restrictions

Membership is open to those who live, work, attend school, worship, or volunteer in Madison County.

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
6 Mo CD 10K
0.08% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX

Loan Rates

Your Current Location: Virginia, VA 20146

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

There are currently no rates available for MADISON COUNTY

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Note to MADISON COUNTY
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Branches

Below are Madison County 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


Madison County Locations

Financial Details

Madison County Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Madison County. 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
Madison County U.S. Average
10.89% 7.80%

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. As of December 31, 2016, Madison County had $566,011 in non-current loans and $0 in owned assets. To cover these potential losses it had $4,817,618 in net worth and $380,886 in loans loss reserves. That gives it a Texas Ratio of 10.89%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a credit union has to absorb its loan losses.

Net Worth
Madison County U.S. Average
7.11% 13.06%

Madison County FCU has a net worth of 7.11% versus the BestCashCow average of 13.06%. 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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