Monroe Telco Federal Credit Union

Headquarters

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

Notable Rates APY Vs.Others
Savings 0.15% 1.02% →
1-Year CD 0.50% 1.45% →
2-Year CD 0.50% 2.86% →
5-Year CD N.A. 3.21% →
30-Year Mortgage N.A. 2.81% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Monroe Telco is an NCUA insured institution located in Monroe, LA. It was founded in 1936 and has approximately $49.48 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 1725
Date Established 1936
Assets $49.48 million
Loans $21.37 million
Deposits $44.91 million
Capital $4.74 million
 

Deposit Rates - May 21, 2022

Your Current Location: California, CA 92111

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 - May 21, 2022

Your Current Location: California, CA 92111

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 - California 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
CIT Bank, A Division of First Citizens Bank
NMLS ID: 503941
5.185% 5.125% 0.63 $1,710 $1,362 Learn More

Featured - California Home Equity Line Of Credit Rates 2022

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:
San Diego,California


Monroe Telco Locations



Climate Initiatives

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

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
2.80% 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, Monroe Telco had $97,201 in non-current loans and $36,065 in owned assets. To cover these potential losses it had $4,739,510 in net worth and $26,100 in loans loss reserves. That gives it a Texas Ratio of 2.80%.

Net Worth
Monroe Telco U.S. Average
9.57% 12.36%

Monroe Telco FCU has a net worth of 9.57% 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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