MONROE TELCO

Headquarters

P. O. Box 4867
Monroe, LA 71211
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 0.95% →
1-Year CD 0.50% 1.01% →
2-Year CD 0.50% 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

Monroe Telco is an NCUA insured institution located in Monroe, LA. It was founded in 1936 and has approximately $38.9 millions in assets.

NCUA Insured Yes
Charter Number # # 1725
Date Established 1936
Assets $38.90 million
Loans $18.23 million
Deposits $34.82 million
Capital $3.91 million
 

Deposit Rates - October 25, 2020

Your Current Location: Washington, WA 98101

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.05% $10,000 $14,999 Learn More
6 Mo CD
0.05% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.30% $1 $499 Learn MoreShow Less

Loan Rates - October 25, 2020

Your Current Location: Washington, WA 98101

There are currently no loan rates available for MONROE TELCO

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.575% 2.500% 1.00 $2,470 $988 Learn More
Cascadia Mortgage
NMLS ID: 1505422
License#: NMLS #1505422
2.830% 2.750% 0.63 $2,622 $1,021 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

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



Branches

Below are Monroe Telco 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


Monroe Telco Locations


Financial Details

Monroe Telco Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Monroe Telco. 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
Monroe Telco U.S. Average
1.90% 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, Monroe Telco had $66,087 in non-current loans and $10,000 in owned assets. To cover these potential losses it had $3,907,901 in net worth and $94,149 in loans loss reserves. That gives it a Texas Ratio of 1.90%.

Net Worth
Monroe Telco U.S. Average
10.04% 13.61%

Monroe Telco FCU has a net worth of 10.04% 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 Monroe Telco

Branches and Savings

What is Monroe Telco?

A federal credit union, registered with the NCUA under certificate #1725.
Learn more about credit unions here.

Is Monroe Telco 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 Monroe Telco?

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

What are Monroe Telco's share account and share certificate rates?

Monroe Telco'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 Monroe Telco?

Monroe Telco has total capital of $3.91 million. Full information on Monroe Telco's financial position is located above.

Who owns Monroe Telco?

Credit Unions are owned by their members.

Where are Monroe Telco branches located?

See branch locations nearby.

Are Monroe Telco ATMs Open 24/7?

Do Monroe Telco ATMs accept cash deposits?

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

Does Monroe Telco have a mobile app?

Does Monroe Telco have mobile deposit?

Does Monroe Telco have quick pay?

How can Monroe Telco transfer money to other banks or credit unions?

Does Monroe Telco report to credit bureaus?

Does Monroe Telco use Chexsystems?

Does Monroe Telco use Equifax?

What is Monroe Telco's toll free phone number?

What is Monroe Telco's ACH Routing Number?

What is Monroe Telco's SWIFT code?

Where can I find Monroe Telco's wire transfer form?

What is the Monroe Telco address for deposits?

What Products Does Monroe Telco Offer

Does Monroe Telco offer mortgages?

Compare mortgage rates here.

Does Monroe Telco offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Monroe Telco offer auto and RV loans?

Compare auto loan rates here.

Does Monroe Telco offer student loans or personal loans?

Compare personal loan rates here.

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