PO Box 362045
Birmingham, AL 35236

Notable Rates APY Vs.Others
Savings 0.10% 2.20% →
1-Year CD 1.10% 2.20% →
2-Year CD 1.30% 2.20% →
5-Year CD 2.10% 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Credit Union Information

Mutual Savings is an NCUA insured institution located in Birmingham, AL. It was founded in 1936 and has approximately $174.93 millions in assets.

NCUA Insured Yes
Charter Number # # 60501
Date Established 1936
Assets $174.93 million
Loans $119.94 million
Deposits $153.16 million
Capital $17.48 million

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Bibb, Blount, Autauga, Chilton, Clay, Dallas, Coosa, Shelby, Jefferson, St. Clair, Talladega, Walker, and Tuscaloosa Counties or within a 50-mile radius of Alexander City.

Deposit Rates - February 25, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.50% $25,000 $74,999 Learn MoreShow Less
Fixed IRA
1.10% $1,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.65% $1,000 - Learn MoreShow Less
12 Mo CD
1.10% $1,000 - Learn MoreShow Less
24 Mo CD
1.30% $1,000 - Learn MoreShow Less
36 Mo CD
1.60% $1,000 - Learn MoreShow Less
60 Mo CD
2.10% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.10% $1 - Learn MoreShow Less

Loan Rates - February 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MUTUAL SAVINGS

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
Quicken Loans NMLS #3030
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
Rocket Mortgage
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More
NMLS ID: 2890
License#: 13256
3.159% 3.125% 0.38 $1,085 $1,071 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Eastern Bank
Eastern Bank
4.250 %
$25,000 Learn More
More Info
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
5.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info

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


Below are Mutual Savings 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:

Mutual Savings Locations

Financial Details

Mutual Savings Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mutual Savings. 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
Mutual Savings U.S. Average
10.07% 5.86

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 June 30, 2019, Mutual Savings had $187,928 in non-current loans and $1,686,905 in owned assets. To cover these potential losses it had $17,482,394 in net worth and $1,135,665 in loans loss reserves. That gives it a Texas Ratio of 10.07%.

Net Worth
Mutual Savings U.S. Average
9.99% 13.65%

Mutual Savings FCU has a net worth of 9.99% versus the BestCashCow average of 13.65. 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 Mutual Savings

Branches and Savings

What is Mutual Savings?

A federal credit union, registered with the NCUA under certificate #60501.
Learn more about credit unions here.

Is Mutual Savings 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 Mutual Savings?

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

What are Mutual Savings's share account and share certificate rates?

Mutual Savings'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 Mutual Savings?

Mutual Savings has total capital of $17.48 million. Full information on Mutual Savings's financial position is located above.

Who owns Mutual Savings?

Credit Unions are owned by their members.

Where are Mutual Savings branches located?

See branch locations nearby.

Are Mutual Savings ATMs Open 24/7?

Do Mutual Savings ATMs accept cash deposits?

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

Does Mutual Savings have a mobile app?

Does Mutual Savings have mobile deposit?

Does Mutual Savings have quick pay?

How can Mutual Savings transfer money to other banks or credit unions?

Does Mutual Savings report to credit bureaus?

Does Mutual Savings use Chexsystems?

Does Mutual Savings use Equifax?

What is Mutual Savings's toll free phone number?

What is Mutual Savings's ACH Routing Number?

What is Mutual Savings's SWIFT code?

Where can I find Mutual Savings's wire transfer form?

What is the Mutual Savings address for deposits?

What Products Does Mutual Savings Offer

Does Mutual Savings offer mortgages?

Compare mortgage rates here.

Does Mutual Savings offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mutual Savings offer auto and RV loans?

Compare auto loan rates here.

Does Mutual Savings offer student loans or personal loans?

Compare personal loan rates here.

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