POTOMAC

Headquarters

PO BOX 1382
Cumberland, MD 21501
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Potomac is an NCUA insured institution located in Cumberland, MD. It was founded in 1954 and has approximately $32.25 millions in assets.

NCUA Insured Yes
Charter Number # # 9445
Date Established 1954
Assets $32.25 million
Loans $22.13 million
Deposits $28.46 million
Capital $3.50 million
 

Deposit Rates - December 4, 2020

Your Current Location: Connecticut, CT 06828

We do not yet have rates for Potomac

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

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Note to Potomac
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Advertiser Disclosure

Loan Rates - December 4, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for POTOMAC

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
Payment
Learn More
First Internet Bank
NMLS ID: 424182
2.546% 2.500% 0.63 $1,502 $988 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.683% 2.625% 0.63 $1,908 $1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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


 

Branches

Below are Potomac 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


Potomac Locations


Financial Details

Potomac Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Potomac. 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
Potomac U.S. Average
9.73% 6.71

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 March 30, 2020, Potomac had $370,651 in non-current loans and $0 in owned assets. To cover these potential losses it had $3,502,803 in net worth and $306,666 in loans loss reserves. That gives it a Texas Ratio of 9.73%.

Net Worth
Potomac U.S. Average
10.86% 13.61%

Potomac FCU has a net worth of 10.86% versus the BestCashCow average of 13.61. 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 Potomac

Branches and Savings

What is Potomac?

A federal credit union, registered with the NCUA under certificate #9445.
Learn more about credit unions here.

Is Potomac 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 Potomac?

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

What are Potomac's share account and share certificate rates?

Potomac'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 Potomac?

Potomac has total capital of $3.50 million. Full information on Potomac's financial position is located above.

Who owns Potomac?

Credit Unions are owned by their members.

Where are Potomac branches located?

See branch locations nearby.

Are Potomac ATMs Open 24/7?

Do Potomac ATMs accept cash deposits?

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

Does Potomac have a mobile app?

Does Potomac have mobile deposit?

Does Potomac have quick pay?

How can Potomac transfer money to other banks or credit unions?

Does Potomac report to credit bureaus?

Does Potomac use Chexsystems?

Does Potomac use Equifax?

What is Potomac's toll free phone number?

What is Potomac's ACH Routing Number?

What is Potomac's SWIFT code?

Where can I find Potomac's wire transfer form?

What is the Potomac address for deposits?

What Products Does Potomac Offer

Does Potomac offer mortgages?

Compare mortgage rates here.

Does Potomac offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Potomac offer auto and RV loans?

Compare auto loan rates here.

Does Potomac offer student loans or personal loans?

Compare personal loan rates here.

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