MAROON FINANCIAL

Headquarters

5525C S ELLIS AVE
Chicago, IL 60637
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.62% →
1-Year CD 1.11% 1.55% →
2-Year CD 1.21% 1.45% →
5-Year CD 1.71% 1.66% →
30-Year Mortgage N.A. 3.08% →
15-Year Mortgage N.A. 2.65% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Maroon Financial is an NCUA insured institution located in Chicago, IL. It was founded in 1957 and has approximately $44.98 millions in assets.

NCUA Insured Yes
Charter Number # # 62497
Date Established 1957
Assets $44.98 million
Loans $27.62 million
Deposits $38.95 million
Capital $4.43 million
 

Deposit Rates - May 28, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $300 - Learn More
Money Market
0.20% $2,500 $19,999 Learn More
Money Market
0.65% $20,000 $74,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.70% $500 - Learn More
12 Mo CD
1.11% $500 - Learn More
18 Mo CD
1.16% $500 - Learn More
24 Mo CD
1.21% $500 - Learn More
36 Mo CD
1.41% $500 - Learn More
48 Mo CD
1.51% $500 - Learn More
60 Mo CD
1.71% $500 - Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $2,500 $19,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.11% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $10,000 - Learn MoreShow Less

Loan Rates - May 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MAROON FINANCIAL

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.952% 2.875% 1.00 $2,485 $1,038 Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

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



Branches

Below are Maroon Financial 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


Maroon Financial Locations


Financial Details

Maroon Financial Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Maroon Financial. 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
Maroon Financial U.S. Average
1.11% 5.92

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 September 30, 2019, Maroon Financial had $51,902 in non-current loans and $0 in owned assets. To cover these potential losses it had $4,432,482 in net worth and $237,580 in loans loss reserves. That gives it a Texas Ratio of 1.11%.

Net Worth
Maroon Financial U.S. Average
9.85% 13.86%

Maroon Financial FCU has a net worth of 9.85% versus the BestCashCow average of 13.86. 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 Maroon Financial

Branches and Savings

What is Maroon Financial?

A federal credit union, registered with the NCUA under certificate #62497.
Learn more about credit unions here.

Is Maroon Financial FDIC insured?

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

Who can join Maroon Financial?

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

What are Maroon Financial's share account and share certificate rates?

Maroon Financial'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 Maroon Financial?

Maroon Financial has total capital of $4.43 million. Full information on Maroon Financial's financial position is located above.

Who owns Maroon Financial?

Credit Unions are owned by their members.

Where are Maroon Financial branches located?

See branch locations nearby.

Are Maroon Financial ATMs Open 24/7?

Do Maroon Financial ATMs accept cash deposits?

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

Does Maroon Financial have a mobile app?

Does Maroon Financial have mobile deposit?

Does Maroon Financial have quick pay?

How can Maroon Financial transfer money to other banks or credit unions?

Does Maroon Financial report to credit bureaus?

Does Maroon Financial use Chexsystems?

Does Maroon Financial use Equifax?

What is Maroon Financial's toll free phone number?

What is Maroon Financial's ACH Routing Number?

What is Maroon Financial's SWIFT code?

Where can I find Maroon Financial's wire transfer form?

What is the Maroon Financial address for deposits?

What Products Does Maroon Financial Offer

Does Maroon Financial offer mortgages?

Compare mortgage rates here.

Does Maroon Financial offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Maroon Financial offer auto and RV loans?

Compare auto loan rates here.

Does Maroon Financial offer student loans or personal loans?

Compare personal loan rates here.

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