2024 Overview
General Credit Union Information
Sac is an NCUA insured institution located in Bellevue, NE. It was founded in 1946 and has approximately $1009.48 millions in assets.
Who can join?
Individuals qualify for membership through living, worshiping, working (or regularly conducting business in) or attending school in Douglas, Sarpy, Cass, Washington, and Saunders Counties, NE and Pottawattamie, Mills, and Harrison Counties, IA. Businesses and other entities qualify if they are located within any of the eight counties. If a member of your immediate family is a member of Cobalt Credit Union, you are also eligible for membership.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 5400 |
| Date Established | 1946 |
| Assets | $1,009.48 million |
| Loans | $848.71 million |
| Deposits | $765.09 million |
| Capital | $84.60 million |
Field of Membership Restrictions
Membership in Cobalt Credit Union is open to the following: 1) those who live, work, attend school or worship in Cass, Douglas, Sarpy, Saunders, or Washington counties in Nebraska OR Carroll, Crawford, Harrison, Ida, Mills, Monona, Pottawattamie, Sac, or Shelby counties in Iowa; 2) employees or retirees of SpartanNash and their immediate family; 3) immediate family of current members.
Deposit Rates - April 17, 2024
Your Current Location: Ohio, OH 43085
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Elite Checking Account | 3.25% | $0 | $0.00 | Learn More |
Loan Rates - April 17, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for SAC
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 3030 |
7.451% | 7.375% | 0.75 | $2,400 | $2,211 | Learn More |
NMLS ID: 1907 |
Learn More | |||||
NMLS ID: Not a Lender |
Learn More | |||||
NMLS ID: Not a Lender |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to SAC
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Branches
Below are Sac 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:
Columbus,Ohio
Climate Policy and Initiatives
Cobalt Credit Union 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
Sac Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Sac. 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
| Sac | U.S. Average |
|---|---|
| 11.71% | 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, Sac had $10,757,417 in non-current loans and $20,095 in owned assets. To cover these potential losses it had $84,596,346 in net worth and $7,454,728 in loans loss reserves. That gives it a Texas Ratio of 11.71%.
Net Worth
| Sac | U.S. Average |
|---|---|
| 8.38% | 13.62% |
Sac FCU has a net worth of 8.38% 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 SAC
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