2020 Overview
General Credit Union Information
Pentagon is an NCUA insured institution located in Mclean, VA. It was founded in 1935 and has approximately $24417.01 millions in assets.
Who can join?
Membership is open to those serving in the military or veterans as well as those belonging to a qualifying organization. In general, anyone can become a member by joining one of the participating organizations for a nominal fee.
| NCUA Insured | Yes |
| Charter Number # | # 227 |
| Date Established | 1935 |
| Assets | $24,417.01 million |
| Loans | $19,686.68 million |
| Deposits | $18,410.73 million |
| Capital | $2,633.53 million |
Field of Membership Restrictions
Deposit Rates - January 28, 2020
Your Current Location: Connecticut, CT 06828
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Premium Online Savings
|
1.70% | $5 | $250,000 | Learn More |
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Month CD
|
1.60% | $1,000 | - | Learn More |
| 12 Month CD
|
1.70% | $1,000 | - | Learn More |
| 15 Month CD
|
1.70% | $1,000 | - | Learn More |
| 36 Month CD
|
1.80% | $1,000 | - | Learn More |
| 48 Month CD
|
1.85% | $1,000 | - | Learn More |
| 60 Month CD
|
1.85% | $1,000 | - | Learn More |
Loan Rates - January 28, 2020
Your Current Location: Connecticut, CT 06828
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit | 5.50% | 5.50% | Varies | |
Compare with 0 RATE Line of Credit from Figure Home Equity Line
See All Home Equity Rates |
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| 10 Year Loan | 5.59% | 5.59% | $544.86 | |
| 15 Year Loan | 5.84% | 5.84% | $417.62 | |
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 3 Year | 2.49% | 2.49% | $721.42 | |
| 4 Year | 3.49% | 3.49% | $558.79 | |
| 5 Year | 3.49% | 3.49% | $454.68 |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 10 Year Adjustable Conforming | 4.22% | 3.75% | $1,157.79 | |
| 15 Year Fixed Jumbo | 3.52% | 3.50% | $1,787.21 | |
| 15 Year Fixed Conforming | 3.55% | 3.50% | $1,787.21 | |
| 20 Year Fixed Conforming | 3.95% | 3.88% | $1,499.19 | |
| 30 Year Fixed Conforming | 3.93% | 3.88% | $1,176.31 | |
| 30 Year Fixed Jumbo | 4.00% | 3.99% | $1,192.10 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 10 Year Adjustable Conforming | 4.22% | 3.75% | $1,157.79 | |
| 15 Year Fixed Jumbo | 3.52% | 3.50% | $1,787.21 | |
| 15 Year Fixed Conforming | 3.55% | 3.50% | $1,787.21 | |
| 20 Year Fixed Conforming | 3.95% | 3.88% | $1,499.19 | |
| 30 Year Fixed Conforming | 3.93% | 3.88% | $1,176.31 | |
Compare with 3.402% APR and 3.375% 30-Year Fixed RATE from First Internet Bank
See All Mortgage Rates |
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| 30 Year Fixed Jumbo | 4.00% | 3.99% | $1,192.10 | |
|
Compare with 3.402% APR and 3.375% 30-Year Fixed RATE from First Internet Bank
See All Mortgage Rates |
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Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Branches
Below are Pentagon 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:
Fairfield,Connecticut
Pentagon Locations
Financial Details
Pentagon Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Pentagon. 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
| Pentagon | U.S. Average |
|---|---|
| 3.27% | 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, Pentagon had $79,723,361 in non-current loans and $10,217,872 in owned assets. To cover these potential losses it had $2,633,528,965 in net worth and $119,667,429 in loans loss reserves. That gives it a Texas Ratio of 3.27%.
Net Worth
| Pentagon | U.S. Average |
|---|---|
| 10.78% | 13.65% |
Pentagon FCU has a net worth of 10.78% 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 Pentagon
Branches and Savings
What is Pentagon?
A federal credit union, registered with the NCUA under certificate #227.
Learn more about credit unions here.
Is Pentagon 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 Pentagon?
Please see Field of Membership information above for information on who is eligible to join.
How big is Pentagon?
Pentagon has total capital of $2,633.53 million. Full information on Pentagon's financial position is located above.
Who owns Pentagon?
Credit Unions are owned by their members.
Where are Pentagon branches located?
See branch locations nearby.
Are Pentagon ATMs Open 24/7?
Do Pentagon ATMs accept cash deposits?
Can Pentagon customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does Pentagon have a mobile app?
Does Pentagon have mobile deposit?
Does Pentagon have quick pay?
How can Pentagon transfer money to other banks or credit unions?
Does Pentagon report to credit bureaus?
Does Pentagon use Chexsystems?
Does Pentagon use Equifax?
What is Pentagon's toll free phone number?
What is Pentagon's ACH Routing Number?
What is Pentagon's SWIFT code?
Where can I find Pentagon's wire transfer form?
What is the Pentagon address for deposits?
What Products Does Pentagon Offer
Does Pentagon offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
Frank
February 08, 2019 |
Customer service is good but rates lower after you deposit.
Is this review helpful? Yes:0 / No: 0
Sam
February 08, 2019 |
They lowered their rates once they got the e funding they wanted. I not certain they will give competitive rates again. They were the highest then downgraded their rates
Is this review helpful? Yes:0 / No: 0
Love working with the people
September 06, 2017 |
wish the rates were a little higher.
Is this review helpful? Yes:0 / No: 1
Les S
January 13, 2017 |
I have a high amount five-year CD with them at 3.04% (I was lucky enough to take advantage of a special). They have been fine to deal with. I would recommend them.
Is this review helpful? Yes:5 / No: 0
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