Miami Firefighters Federal Credit Union

Headquarters

1111 Nw 7th St
Miami, FL 33136
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.65% →
1-Year CD 0.65% 2.02% →
2-Year CD 0.70% 3.00% →
5-Year CD 1.25% 3.35% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Miami Firefighters is an NCUA insured institution located in Miami, FL. It was founded in 1935 and has approximately $151.08 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 872
Date Established 1935
Assets $151.08 million
Loans $94.27 million
Deposits $135.20 million
Capital $14.40 million
 

Field of Membership Restrictions

Membership is open to active or retired employees of the City of Miami, Miami Beach, Coral Gables, Palm Beach County, or Delray Beach Fire Departments. Membership is also open to employees of the Village of Key Biscayne or the City of Miami Firefighters and Police Officers Retirement Trust.

Deposit Rates - June 27, 2022

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
12 Mo CD
0.65% $10,000 $14,999 Learn More
12 Mo CD
0.65% $100,000 $199,999 Learn More
18 Mo CD
0.65% $10,000 $14,999 Learn More
18 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More
30 Mo CD
0.75% $10,000 $14,999 Learn More
30 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.85% $10,000 $14,999 Learn More
36 Mo CD
0.85% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
60 Mo CD
1.25% $10,000 $14,999 Learn More
60 Mo CD
1.25% $100,000 $199,999 Learn More

Loan Rates - June 27, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MIAMI FIREFIGHTERS

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 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
6.129% 5.990% 1.00 $3,750 $1,498 Learn More

Note to MIAMI FIREFIGHTERS
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Miami Firefighters 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


Miami Firefighters Locations



Climate Initiatives

MIAMI FIREFIGHTERS is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Miami Firefighters Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Miami Firefighters. 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
Miami Firefighters U.S. Average
4.74% 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, Miami Firefighters had $674,612 in non-current loans and $35,216 in owned assets. To cover these potential losses it had $14,395,706 in net worth and $564,419 in loans loss reserves. That gives it a Texas Ratio of 4.74%.

Net Worth
Miami Firefighters U.S. Average
9.52% 12.36%

Miami Firefighters FCU has a net worth of 9.52% 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.

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