MEMBERS CHOICE OF CENTRAL TEXAS

PO BOX 20248
Waco, TX 76702

 

2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 199
Date Established 1935
Assets $193.87 million
Loans $164.73 million
Deposits $169.69 million
Capital $22.86 million

Members Choice Of Central Texas is an NCUA insured institution located in Waco, TX. It was founded in 1935 and has approximately $193.87 millions in assets.

Who can join?

If you live, work, worship or go to school in McLennan, Bosque, Coryell, Falls, Hill, Limestone, Milam or Robertson Counties (Texas), you can become a member-owner.

Field of Membership Restrictions

Membership in Members Choice of Central Texas Credit Union is open to those who live, work, worship or go to school in McLennan, Bosque, Coryell, Falls, Hill, Limestone, Milam or Robertson Counties in Texas.

Deposit Rates - October 18, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.40% $2,501 $5,000 Learn MoreShow Less
Money Market
0.50% $10,001 $25,000 Learn MoreShow Less
Money Market
0.55% $25,001 $75,000 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.40% $1,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.55% $2,500 $89,999 Learn MoreShow Less
6 Mo CD
0.85% $90,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.40% $25 - Learn MoreShow Less

Loan Rates - October 18, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MEMBERS CHOICE OF CENTRAL TEXAS

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.763% 4.750% 0.13 $378 $1,305 Learn More
Ally Bank
NMLS ID: 181005
5.043% 5.000% 0.13 $1,314 $1,343 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.664% 4.625% 0.00 $1,254 $1,286 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to MEMBERS CHOICE OF CENTRAL TEXAS
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Members Choice Of Central Texas 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


Members Choice Of Central Texas Locations

Financial Details

Members Choice Of Central Texas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Members Choice Of Central Texas. 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 Of Central Texas U.S. Average
16.57% 5.78

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, 2018, Members Choice Of Central Texas had $3,475,840 in non-current loans and $753,244 in owned assets. To cover these potential losses it had $22,862,092 in net worth and $2,663,886 in loans loss reserves. That gives it a Texas Ratio of 16.57%.

Net Worth
Members Choice Of Central Texas U.S. Average
11.79% 13.21%

Members Choice Of Central Texas FCU has a net worth of 11.79% versus the BestCashCow average of 13.21. 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 On Members Choice Of Central Texas

What is Members Choice Of Central Texas?

A federal credit union, registered with the NCUA under certificate #199.
Learn more about credit unions here.

Is Members Choice Of Central Texas 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 Of Central Texas?

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

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

Members Choice Of Central Texas'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 Of Central Texas?

Members Choice Of Central Texas has total capital of $22.86 million. Full information on Members Choice Of Central Texas's financial position is located above.

Who owns Members Choice Of Central Texas?

Credit Unions are owned by their members.

Where are Members Choice Of Central Texas branches located?

See branch locations nearby.

Are Members Choice Of Central Texas ATMs Open 24/7?

Do Members Choice Of Central Texas ATMs accept cash deposits?

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

Does Members Choice Of Central Texas have a mobile app?

Does Members Choice Of Central Texas have mobile deposit?

Does Members Choice Of Central Texas have quick pay?

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

Does Members Choice Of Central Texas report to credit bureaus?

Does Members Choice Of Central Texas use Chexsystems?

Does Members Choice Of Central Texas use Equifax?

What is Members Choice Of Central Texas's toll free phone number?

What is Members Choice Of Central Texas's ACH Routing Number?

What is Members Choice Of Central Texas's SWIFT code?

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

What is the Members Choice Of Central Texas address for deposits?

What Products Does Members Choice Of Central Texas Offer

Does Members Choice Of Central Texas offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Members Choice Of Central Texas offer auto and RV loans?

Compare auto loan rates here.

Does Members Choice Of Central Texas offer student loans or personal loans?

Compare personal loan rates here.

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