Member Preferred Federal Credit Union
340 S Blue Mound Rd Ste 342
Fort Worth, TX 76131
See all branch locations →
2022 Overview
General Credit Union Information
Member Preferred is an NCUA insured institution located in Fort Worth, TX. It was founded in 1935 and has approximately $15.44 millions in assets.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 577 |
| Date Established | 1935 |
| Assets | $15.44 million |
| Loans | $10.98 million |
| Deposits | $13.48 million |
| Capital | $1.85 million |
Field of Membership Restrictions
Deposit Rates - June 27, 2022
Your Current Location: California, CA 92111
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.25% | $2,500 | $4,999 |
Learn More
|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.50% | $500 | $999,999 |
Learn More
|
| 12 Mo CD
|
1.00% | $500 | $999,999 |
Learn More
|
| 24 Mo CD
|
1.26% | $500 | $999,999 |
Learn More
|
Loan Rates - June 27, 2022
Your Current Location: California, CA 92111
There are currently no loan rates available for MEMBER PREFERRED
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - California 30 Year Fixed Mortgage Rates 2022
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 503941 |
5.853% | 5.750% | 0.63 | $2,880 | $1,459 | Learn More |
NMLS ID: 1708856 License#: 02058287 |
5.348% | 5.250% | 0.63 | $2,758 | $1,381 | Learn More |
NMLS ID: 330511 |
5.830% | 5.750% | 0.88 | $2,188 | $1,459 | Learn More |
NMLS ID: 2890 License#: 413-0477 |
5.492% | 5.375% | 0.88 | $3,275 | $1,400 | Learn More |
Note to MEMBER PREFERRED
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Member Preferred 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:
San Diego,California
Climate Initiatives
MEMBER PREFERRED is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
Financial Details
Member Preferred Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Member Preferred. 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
| Member Preferred | U.S. Average |
|---|---|
| 5.38% | 4.85 |
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, 2021, Member Preferred had $93,868 in non-current loans and $7,733 in owned assets. To cover these potential losses it had $1,853,727 in net worth and $36,451 in loans loss reserves. That gives it a Texas Ratio of 5.38%.
Net Worth
| Member Preferred | U.S. Average |
|---|---|
| 12% | 12.36% |
Member Preferred FCU has a net worth of 12% versus the BestCashCow average of 12.36. 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 MEMBER PREFERRED
Jamaal Robinson
August 17, 2016
Hello,
I am the CEO of a small credit union here in Dallas, and was wondering what the criteria for becoming a member and depositing a CD of around $150k to $200k. We are looking to move a large some of money soon due to our current rate not providing us any benefit. Please contact me at 214.375.4271 or email me at goodstreetfcu@sbcglobal.net.
Thank you for your time,
Jamaal D. Robinson
Interim CEO
Good Street FCU
Is this review helpful? Yes:0 / No: 0
Add Your Review