New Horizon

180 2nd St Sw
Barberton, OH 44203

Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 616
Date Established 1935
Assets $19.35 million
Loans $10.25 million
Deposits $17.26 million
Capital $2.06 million

New Horizon is an NCUA insured institution located in Barberton, OH. It was founded in 1935 and has approximately $19.35 millions in assets.

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD 10K
0.30% $500 $99,999 Learn MoreShow Less
Savings Rates (Share Account Rates) APY MIN MAX
Savings 2.5K
0.15% $500 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.40% $500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for NEW HORIZON

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
US Wide Financial
NMLS ID: 55028
License#: MC-5809
3.771% 3.750% 0.00 $642 $1,158 Learn More
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

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

Branches

Below are New Horizon 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


New Horizon Locations

Financial Details

New Horizon Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of New Horizon. 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
New Horizon U.S. Average
1.46% 6.15%

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. As of June 30, 2017, New Horizon had $30,856 in non-current loans and $0 in owned assets. To cover these potential losses it had $2,060,822 in net worth and $48,849 in loans loss reserves. That gives it a Texas Ratio of 1.46%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a credit union has to absorb its loan losses.

Net Worth
New Horizon U.S. Average
10.64% 13.03

New Horizon FCU has a net worth of 10.64% versus the BestCashCow average of 13.03. 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 On NEW HORIZON

What is NEW HORIZON?

A federal credit union, registered with the NCUA under certificate #616.
Learn more about credit unions here.

Is NEW HORIZON 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 NEW HORIZON?

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

What are NEW HORIZON's share account and share certificate rates?

NEW HORIZON'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 NEW HORIZON?

NEW HORIZON has total capital of $2.06 million. Full information on NEW HORIZON's financial position is located above.

Who owns NEW HORIZON?

Credit Unions are owned by their members.

Where are NEW HORIZON branches located?

See branch locations nearby.

Are NEW HORIZON ATMs Open 24/7?

Do NEW HORIZON ATMs accept cash deposits?

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

Does NEW HORIZON have a mobile app?

Does NEW HORIZON have mobile deposit?

Does NEW HORIZON have quick pay?

How can NEW HORIZON transfer money to other banks or credit unions?

Does NEW HORIZON report to credit bureaus?

Does NEW HORIZON use Chexsystems?

Does NEW HORIZON use Equifax?

What is NEW HORIZON's toll free phone number?

What is NEW HORIZON's ACH Routing Number?

What is NEW HORIZON's SWIFT code?

Where can I find NEW HORIZON's wire transfer form?

What is the NEW HORIZON address for deposits?

What Products Does NEW HORIZON Offer

Does NEW HORIZON offer mortgages?

Compare mortgage rates here.

Does NEW HORIZON offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does NEW HORIZON offer auto and RV loans?

Compare auto loan rates here.

Does NEW HORIZON offer student loans or personal loans?

Compare personal loan rates here.

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