Member Preferred Federal Credit Union
340 S Blue Mound Rd Ste 342
Fort Worth, TX 76131
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2021 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 $15.96 millions in assets.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 577 |
| Date Established | 1935 |
| Assets | $15.96 million |
| Loans | $10.35 million |
| Deposits | $14.11 million |
| Capital | $1.77 million |
Field of Membership Restrictions
Deposit Rates - October 19, 2021
Your Current Location: Connecticut, CT 06828
| 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 |
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|
| 24 Mo CD
|
1.26% | $500 | $999,999 |
Learn More
|
Loan Rates - October 19, 2021
Your Current Location: Connecticut, CT 06828
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 - Connecticut 30 Year Fixed Mortgage Rates 2021
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 330511 |
3.149% | 3.125% | 0.25 | $760 | $1,071 | Learn More |
NMLS ID: 541760 |
3.118% | 3.050% | 0.88 | $2,190 | $1,061 | Learn More |
NMLS ID: 3030 |
3.620% | 3.500% | 1.00 | $3,750 | $1,123 | Learn More |
|
NMLS ID: 3030 |
3.620% | 3.500% | 1.00 | $3,750 | $1,123 | Learn More |
Featured - Connecticut Home Equity Line Of Credit Rates 2021
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Bethpage Federal Credit Union See Table |
Intro APR 2.990 % After Intro: 3.750 % Intro Period: 12 months |
$25,000 |
Learn More
More Info |
Third Federal Savings and Loan See Table |
2.240 %
|
$0 |
Learn More
More Info |
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:
Fairfield,Connecticut
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 |
|---|---|
| 8.51% | 3.79 |
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, 2021, Member Preferred had $148,769 in non-current loans and $7,733 in owned assets. To cover these potential losses it had $1,773,929 in net worth and $64,456 in loans loss reserves. That gives it a Texas Ratio of 8.51%.
Net Worth
| Member Preferred | U.S. Average |
|---|---|
| 11.11% | 12.22% |
Member Preferred FCU has a net worth of 11.11% versus the BestCashCow average of 12.22. 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 Member Preferred
Branches and Savings
What is Member Preferred?
A federal credit union, registered with the NCUA under certificate #577.
Learn more about credit unions here.
Is Member Preferred FDIC insured?
No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Member Preferred is insured by the NCUA.
Who can join Member Preferred?
Please see Field of Membership information above for information on who is eligible to join.
How big is Member Preferred?
Member Preferred has total capital of $1.77 million. Full information on Member Preferred's financial position is located above.
Who owns Member Preferred?
Credit Unions are owned by their members.
Where are Member Preferred branches located?
See branch locations nearby.
Are Member Preferred ATMs Open 24/7?
Do Member Preferred ATMs accept cash deposits?
Can Member Preferred customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does Member Preferred have a mobile app?
Does Member Preferred have mobile deposit?
Does Member Preferred have quick pay?
How can Member Preferred transfer money to other banks or credit unions?
Does Member Preferred report to credit bureaus?
Does Member Preferred use Chexsystems?
Does Member Preferred use Equifax?
What is Member Preferred's toll free phone number?
What is Member Preferred's ACH Routing Number?
What is Member Preferred's SWIFT code?
Where can I find Member Preferred's wire transfer form?
What is the Member Preferred address for deposits?
What Products Does Member Preferred Offer
Does Member Preferred offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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
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