2020 Overview
General Credit Union Information
Neches is an NCUA insured institution located in Port Neches, TX. It was founded in 1952 and has approximately $620.45 millions in assets.
Who can join?
If you live, work, or worship in Jefferson, Hardin, or Orange Counties, then you are eligible to join Neches Federal Credit Union.
| NCUA Insured | Yes |
| Charter Number # | # 7916 |
| Date Established | 1952 |
| Assets | $620.45 million |
| Loans | $443.13 million |
| Deposits | $522.48 million |
| Capital | $90.47 million |
Field of Membership Restrictions
Deposit Rates - June 3, 2020
Your Current Location: Virginia, VA 20146
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.25% | $25 | - |
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|
|
Money Market
|
0.35% | $2,000 | $24,999 |
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|
|
Money Market
|
0.45% | $25,000 | $49,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
1.10% | $1,000 | $99,999 |
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|
| 6 Mo CD
|
1.51% | $100,000 | - |
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|
| 12 Mo CD
|
1.25% | $1,000 | $99,999 |
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|
| 12 Mo CD
|
2.02% | $100,000 | - |
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|
| 18 Mo CD
|
1.35% | $1,000 | $99,999 |
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|
| 18 Mo CD
|
2.12% | $100,000 | - |
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|
| 24 Mo CD
|
1.50% | $1,000 | $99,999 |
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|
| 24 Mo CD
|
2.17% | $100,000 | - |
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|
| 30 Mo CD
|
1.70% | $1,000 | $99,999 |
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|
| 30 Mo CD
|
2.17% | $100,000 | - |
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|
| 36 Mo CD
|
1.75% | $1,000 | $99,999 |
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|
| 36 Mo CD
|
2.32% | $100,000 | - |
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|
| 48 Mo CD
|
1.80% | $1,000 | $99,999 |
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|
| 48 Mo CD
|
2.36% | $100,000 | - |
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|
| 60 Mo CD
|
1.90% | $1,000 | $99,999 |
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|
| 60 Mo CD
|
2.75% | $100,000 | - |
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|
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
0.25% | $1 | - | Learn More |
| Fixed IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Fixed IRA
|
1.25% | $1,000 | $99,999 | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.10% | $500 | - | Learn More |
Loan Rates - June 3, 2020
Your Current Location: Virginia, VA 20146
There are currently no loan rates available for NECHES
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 2020
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 3030 |
3.746% | 3.625% | 1.00 | $3,750 | $1,141 | Learn More |
NMLS ID: 3030 |
3.998% | 3.875% | 1.00 | $3,750 | $1,176 | Learn More |
NMLS ID: 2890 License#: MC-3098 |
3.019% | 3.000% | 0.25 | $625 | $1,055 | Learn More |
Featured - Virginia Home Equity Line Of Credit Rates 2020
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loans |
2.990 %
|
$0 |
Learn More
More Info |
Note to NECHES
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Branches
Below are Neches 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
Neches Locations
Financial Details
Neches Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Neches. 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
| Neches | U.S. Average |
|---|---|
| 8.23% | 5.92 |
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 September 30, 2019, Neches had $7,433,493 in non-current loans and $254,539 in owned assets. To cover these potential losses it had $90,465,275 in net worth and $2,925,950 in loans loss reserves. That gives it a Texas Ratio of 8.23%.
Net Worth
| Neches | U.S. Average |
|---|---|
| 14.58% | 13.86% |
Neches FCU has a net worth of 14.58% versus the BestCashCow average of 13.86. 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 Neches
Branches and Savings
What is Neches?
A federal credit union, registered with the NCUA under certificate #7916.
Learn more about credit unions here.
Is Neches 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 Neches?
Please see Field of Membership information above for information on who is eligible to join.
How big is Neches?
Neches has total capital of $90.47 million. Full information on Neches's financial position is located above.
Who owns Neches?
Credit Unions are owned by their members.
Where are Neches branches located?
See branch locations nearby.
Are Neches ATMs Open 24/7?
Do Neches ATMs accept cash deposits?
Can Neches customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does Neches have a mobile app?
Does Neches have mobile deposit?
Does Neches have quick pay?
How can Neches transfer money to other banks or credit unions?
Does Neches report to credit bureaus?
Does Neches use Chexsystems?
Does Neches use Equifax?
What is Neches's toll free phone number?
What is Neches's ACH Routing Number?
What is Neches's SWIFT code?
Where can I find Neches's wire transfer form?
What is the Neches address for deposits?
What Products Does Neches Offer
Does Neches offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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