ROCKET

Headquarters

PO BOX 235
Mcgregor, TX 76657
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.91% →
1-Year CD 0.80% 0.85% →
2-Year CD 1.01% 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

Rocket is an NCUA insured institution located in Mcgregor, TX. It was founded in 1954 and has approximately $26.77 millions in assets.

NCUA Insured Yes
Charter Number # # 9799
Date Established 1954
Assets $26.77 million
Loans $23.03 million
Deposits $24.37 million
Capital $2.03 million
 

Deposit Rates - December 4, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.80% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.90% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
1.01% $100,000 $199,999 Learn More

Loan Rates - December 4, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for ROCKET

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
New American Funding
NMLS ID: 6606
2.617% 2.500% 0.88 $3,862 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 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 ROCKET
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Rocket 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


Rocket Locations


Financial Details

Rocket Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Rocket. 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
Rocket U.S. Average
27.88% 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, Rocket had $557,622 in non-current loans and $14,979 in owned assets. To cover these potential losses it had $2,033,989 in net worth and $20,081 in loans loss reserves. That gives it a Texas Ratio of 27.88%.

Net Worth
Rocket U.S. Average
7.59% 13.61%

Rocket FCU has a net worth of 7.59% 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 Rocket

Branches and Savings

What is Rocket?

A federal credit union, registered with the NCUA under certificate #9799.
Learn more about credit unions here.

Is Rocket 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 Rocket?

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

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

Rocket'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 Rocket?

Rocket has total capital of $2.03 million. Full information on Rocket's financial position is located above.

Who owns Rocket?

Credit Unions are owned by their members.

Where are Rocket branches located?

See branch locations nearby.

Are Rocket ATMs Open 24/7?

Do Rocket ATMs accept cash deposits?

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

Does Rocket have a mobile app?

Does Rocket have mobile deposit?

Does Rocket have quick pay?

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

Does Rocket report to credit bureaus?

Does Rocket use Chexsystems?

Does Rocket use Equifax?

What is Rocket's toll free phone number?

What is Rocket's ACH Routing Number?

What is Rocket's SWIFT code?

Where can I find Rocket's wire transfer form?

What is the Rocket address for deposits?

What Products Does Rocket Offer

Does Rocket offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Rocket offer auto and RV loans?

Compare auto loan rates here.

Does Rocket offer student loans or personal loans?

Compare personal loan rates here.

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