Nymeo Federal Credit Union

Headquarters

5210 Chairmans Ct
Frederick, MD 21703
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 5.55% →
1-Year CD 0.50% 5.60% →
2-Year CD 0.60% 4.90% →
5-Year CD 0.90% 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Nymeo is an NCUA insured institution located in Frederick, MD. It was founded in 1964 and has approximately $357.29 millions in assets.

Who can join?

Membership in Nymeo is open to anyone who lives, works, worships or attends school in the City of Frederick. Each member's immediate family and household members are also eligible to join.

In addition, employees of select companies outside the City of Frederick are eligible to join Nymeo.

NCUA Insured Yes / Federally Chartered
Charter Number # # 16408
Date Established 1964
Assets $357.29 million
Loans $240.03 million
Deposits $314.89 million
Capital $39.61 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, attend school or regularly conduct business in Frederick County in Maryland. Membership is also open to immediate family of current members.

Deposit Rates - April 21, 2024

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $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
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
30 Mo CD
0.60% $10,000 $14,999 Learn More
30 Mo CD
0.60% $100,000 $199,999 Learn More
36 Mo CD
0.65% $10,000 $14,999 Learn More
36 Mo CD
0.65% $100,000 $199,999 Learn More
48 Mo CD
0.75% $10,000 $14,999 Learn More
48 Mo CD
0.75% $100,000 $199,999 Learn More
60 Mo CD
0.90% $10,000 $14,999 Learn More
60 Mo CD
0.90% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - April 21, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Nymeo

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 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Tomo Mortgage, LLC.
NMLS ID: 2059741
6.994% 6.875% 0.63 $3,901 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.451% 7.375% 0.75 $2,400 $2,211 Learn More
MortgageResearch.com
NMLS ID: Not a Lender
Learn More
Veterans United Home Loans
NMLS ID: 1907
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

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

Branches

Below are Nymeo 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



Climate Policy and Initiatives

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


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Financial Details

Nymeo Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Nymeo. 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
Nymeo U.S. Average
6.59% 6.97

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, 2023, Nymeo had $2,513,973 in non-current loans and $148,772 in owned assets. To cover these potential losses it had $39,607,811 in net worth and $788,113 in loans loss reserves. That gives it a Texas Ratio of 6.59%.

Net Worth
Nymeo U.S. Average
11.07% 13.62%

Nymeo FCU has a net worth of 11.07% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Nymeo

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