MEMBERS CHOICE OF CENTRAL TEXAS

PO BOX 20248
Waco, TX 76702

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 199
Date Established 1935
Assets $188.75 million
Loans $157.35 million
Deposits $164.20 million
Capital $23.15 million

Members Choice Of Central Texas is an NCUA insured institution located in Waco, TX. It was founded in 1935 and has approximately $188.75 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 - April 20, 2019

Your Current Location: Washington, WA 98109

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
2.25% $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
12 Mo CD
2.25% $1,000 - Learn MoreShow Less
18 Mo CD
2.35% $1,000 - Learn MoreShow Less
24 Mo CD
2.70% $1,000 - Learn MoreShow Less
36 Mo CD
2.75% $1,000 - Learn MoreShow Less
48 Mo CD
3.00% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.40% $25 - Learn MoreShow Less

Loan Rates - April 20, 2019

Your Current Location: Washington, WA 98109

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 - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: CL-2925. NMLSID#2925
4.031% 4.000% 0.38 $945 $1,194 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
Figure Home Equity Loan Plus
Figure Home Equity Loan Plus
8.000 %
N/A Learn More
More Info

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:
Seattle,Washington


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
15.52% 7.49

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, 2018, Members Choice Of Central Texas had $2,959,208 in non-current loans and $1,035,952 in owned assets. To cover these potential losses it had $23,152,132 in net worth and $2,586,093 in loans loss reserves. That gives it a Texas Ratio of 15.52%.

Net Worth
Members Choice Of Central Texas U.S. Average
12.26% 13.61%

Members Choice Of Central Texas FCU has a net worth of 12.26% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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