Ashland, KY 41101

Notable Rates APY Vs.Others
Savings 0.50% 1.90% →
1-Year CD 1.56% 1.90% →
2-Year CD 1.66% 1.95% →
5-Year CD 1.97% 2.00% →
30-Year Mortgage N.A. 3.14% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.50% →

2020 Overview

General Credit Union Information

Members Choice is an NCUA insured institution located in Ashland, KY. It was founded in 1932 and has approximately $214.88 millions in assets.

Who can join?

Membership is open to anyone who lives, works, worships, or attends school in the fivco area.

NCUA Insured Yes
Charter Number # # 62026
Date Established 1932
Assets $214.88 million
Loans $151.83 million
Deposits $187.76 million
Capital $26.86 million

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in the fivco area (Carter, Greenup, Boyd, Lawrence, Elliot) in Kentucky.

Deposit Rates - April 8, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
1.01% $500 $50,000 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
1.01% $500 - Learn MoreShow Less
6 Mo CD
1.31% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
1.50% $1 - Learn MoreShow Less
Fixed IRA
1.61% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.35% $1 - Learn MoreShow Less

Loan Rates - April 8, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MEMBERS CHOICE

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 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
4.542% 4.500% 0.00 $1,250 $1,267 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
3.500 %
$0 Learn More
More Info

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Below are Members Choice 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:

Members Choice Locations

Financial Details

Members Choice Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Members Choice. 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
Members Choice U.S. Average
22.93% 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, Members Choice had $6,235,524 in non-current loans and $300,172 in owned assets. To cover these potential losses it had $26,855,307 in net worth and $1,642,394 in loans loss reserves. That gives it a Texas Ratio of 22.93%.

Net Worth
Members Choice U.S. Average
12.49% 13.86%

Members Choice FCU has a net worth of 12.49% 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 Members Choice

Branches and Savings

What is Members Choice?

A federal credit union, registered with the NCUA under certificate #62026.
Learn more about credit unions here.

Is Members Choice 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 Members Choice?

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

What are Members Choice's share account and share certificate rates?

Members Choice'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 Members Choice?

Members Choice has total capital of $26.86 million. Full information on Members Choice's financial position is located above.

Who owns Members Choice?

Credit Unions are owned by their members.

Where are Members Choice branches located?

See branch locations nearby.

Are Members Choice ATMs Open 24/7?

Do Members Choice ATMs accept cash deposits?

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

Does Members Choice have a mobile app?

Does Members Choice have mobile deposit?

Does Members Choice have quick pay?

How can Members Choice transfer money to other banks or credit unions?

Does Members Choice report to credit bureaus?

Does Members Choice use Chexsystems?

Does Members Choice use Equifax?

What is Members Choice's toll free phone number?

What is Members Choice's ACH Routing Number?

What is Members Choice's SWIFT code?

Where can I find Members Choice's wire transfer form?

What is the Members Choice address for deposits?

What Products Does Members Choice Offer

Does Members Choice offer mortgages?

Compare mortgage rates here.

Does Members Choice offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Members Choice offer auto and RV loans?

Compare auto loan rates here.

Does Members Choice offer student loans or personal loans?

Compare personal loan rates here.

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