TECH

10951 BROADWAY
Crown Point, IN 46307

Notable Rates APY Vs.Others
Savings 0.30% 2.60% →
1-Year CD 0.70% 2.25% →
2-Year CD N.A. 2.50% →
5-Year CD N.A. 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Tech is an NCUA insured institution located in Crown Point, IN. It was founded in 1936 and has approximately $379.14 millions in assets.

Who can join?

Membership in Tech Credit Union is available to anyone meeting any of the following criteria:

Anyone living or working in the following communities:
Jasper County, IN
Lake County, IN
Newton County, IN
Porter County, IN
Greater Calumet City, IL area
Grundy County, IL
Joliet, Crest Hill, or Plainfield, IL
Will County, IL

Family members through blood or marriage of current Tech CU members.

Employees and members of qualified Corporate Member groups.

Family members of persons in qualified Corporate Member groups, whether or not the person in the member group is a Tech Credit Union member.

NCUA Insured Yes
Charter Number # # 68225
Date Established 1936
Assets $379.14 million
Loans $286.35 million
Deposits $345.07 million
Capital $33.47 million
 

Field of Membership Restrictions

Membership in Tech Credit Union is open to those who live or work in the Indiana counties of Jasper, Lake, LaPorte, or Newton; the Illinois counties of Grundy or Will; the Illinois cities of Crest Hill, Joliet, or Plainfield; or the greater Calumet City area in Illinois.

Deposit Rates - November 18, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $1,000 $4,999 Learn MoreShow Less
Money Market
0.30% $10,000 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.90% $10,000 $24,999 Learn MoreShow Less
Premium Money Market Account
0.95% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.51% $1,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
0.40% $1,000 $99,999 Learn MoreShow Less
0.50% $1,000 $99,999 Learn MoreShow Less
0.70% $1,000 $99,999 Learn MoreShow Less
18 Mo CD
1.11% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
1.51% $1,000 - Learn MoreShow Less
1.61% $1,000 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.25% $25 - Learn MoreShow Less

Loan Rates - November 18, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for TECH

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.527% 3.500% 0.38 $855 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Atlantic Union Bank
Atlantic Union Bank
4.750 %
$15,000 Learn More
More Info

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



Branches

Below are Tech 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


Tech Locations


Financial Details

Tech Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Tech. 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
Tech U.S. Average
3.88% 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, Tech had $1,193,812 in non-current loans and $157,383 in owned assets. To cover these potential losses it had $33,472,820 in net worth and $1,315,944 in loans loss reserves. That gives it a Texas Ratio of 3.88%.

Net Worth
Tech U.S. Average
8.82% 13.65%

Tech FCU has a net worth of 8.82% 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 Tech

Branches and Savings

What is Tech?

A federal credit union, registered with the NCUA under certificate #68225.
Learn more about credit unions here.

Is Tech 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 Tech?

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

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

Tech'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 Tech?

Tech has total capital of $33.47 million. Full information on Tech's financial position is located above.

Who owns Tech?

Credit Unions are owned by their members.

Where are Tech branches located?

See branch locations nearby.

Are Tech ATMs Open 24/7?

Do Tech ATMs accept cash deposits?

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

Does Tech have a mobile app?

Does Tech have mobile deposit?

Does Tech have quick pay?

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

Does Tech report to credit bureaus?

Does Tech use Chexsystems?

Does Tech use Equifax?

What is Tech's toll free phone number?

What is Tech's ACH Routing Number?

What is Tech's SWIFT code?

Where can I find Tech's wire transfer form?

What is the Tech address for deposits?

What Products Does Tech Offer

Does Tech offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Tech offer auto and RV loans?

Compare auto loan rates here.

Does Tech offer student loans or personal loans?

Compare personal loan rates here.

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