1760 State St
Schenectady, NY 12304
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Mohawk Progressive is an NCUA insured institution located in Schenectady, NY. It was founded in 1936 and has approximately $10.16 millions in assets.

NCUA Insured Yes
Charter Number # # 907
Date Established 1936
Assets $10.16 million
Loans $6.38 million
Deposits $9.16 million
Capital $0.85 million

Deposit Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828

We do not yet have rates for Mohawk Progressive

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

Back to Mohawk Progressive

Note to Mohawk Progressive
To upload and update your credit union's rates please register. It is free to register and add rates.

Advertiser Disclosure

Loan Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MOHAWK PROGRESSIVE

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
NMLS ID: 2890
License#: 13256
2.575% 2.500% 1.00 $2,468 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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


Below are Mohawk Progressive 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:

Mohawk Progressive Locations

Financial Details

Mohawk Progressive Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mohawk Progressive. 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
Mohawk Progressive U.S. Average
7.97% 6.71

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 March 30, 2020, Mohawk Progressive had $69,792 in non-current loans and $0 in owned assets. To cover these potential losses it had $853,743 in net worth and $22,143 in loans loss reserves. That gives it a Texas Ratio of 7.97%.

Net Worth
Mohawk Progressive U.S. Average
8.75% 13.61%

Mohawk Progressive FCU has a net worth of 8.75% 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.

Frequently Asked Questions About Mohawk Progressive

Branches and Savings

What is Mohawk Progressive?

A federal credit union, registered with the NCUA under certificate #907.
Learn more about credit unions here.

Is Mohawk Progressive 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 Mohawk Progressive?

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

What are Mohawk Progressive's share account and share certificate rates?

Mohawk Progressive'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 Mohawk Progressive?

Mohawk Progressive has total capital of $0.85 million. Full information on Mohawk Progressive's financial position is located above.

Who owns Mohawk Progressive?

Credit Unions are owned by their members.

Where are Mohawk Progressive branches located?

See branch locations nearby.

Are Mohawk Progressive ATMs Open 24/7?

Do Mohawk Progressive ATMs accept cash deposits?

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

Does Mohawk Progressive have a mobile app?

Does Mohawk Progressive have mobile deposit?

Does Mohawk Progressive have quick pay?

How can Mohawk Progressive transfer money to other banks or credit unions?

Does Mohawk Progressive report to credit bureaus?

Does Mohawk Progressive use Chexsystems?

Does Mohawk Progressive use Equifax?

What is Mohawk Progressive's toll free phone number?

What is Mohawk Progressive's ACH Routing Number?

What is Mohawk Progressive's SWIFT code?

Where can I find Mohawk Progressive's wire transfer form?

What is the Mohawk Progressive address for deposits?

What Products Does Mohawk Progressive Offer

Does Mohawk Progressive offer mortgages?

Compare mortgage rates here.

Does Mohawk Progressive offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mohawk Progressive offer auto and RV loans?

Compare auto loan rates here.

Does Mohawk Progressive offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Mohawk Progressive

There are currently no comments for Mohawk Progressive. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →