Texarkana, TX 75503
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Notable Rates APY Vs.Others
Savings 0.10% 1.55% →
1-Year CD 1.00% 1.35% →
2-Year CD 1.00% 1.45% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Texar is an NCUA insured institution located in Texarkana, TX. It was founded in 1951 and has approximately $354.8 millions in assets.

Who can join?

All residents of the following counties are eligible for membership:
Bowie County
Cass County
Miller County
Most residents of Red River County

Persons meeting any one of the following requirements are also eligible for membership:
All employees, officials and retired employees of public or private schools located in Cass, Bowie, Miller and most of Red River County
Students and their families in all Bowie, Cass, and Miller County schools
Members of school-related organizations such as PTA, PTO, VIPS, and booster clubs located in Cass, Bowie, Miller and most of Red River County
Bowie County Employees
Cass County Employees
City of New Boston
Customers of Bowie-Cass Electric Cooperative
Customers of Bowie County Farm Bureau
Employees of railroads and related companies located in Cass, Bowie, Miller and most of Red River County
Employees of numerous companies having fewer than 300 employees located in Cass, Bowie, Miller and most of Red River County
Family members of existing members located in Cass, Bowie, Miller and most of Red River County
Spouses of persons who died while within the field of membership
Persons who are receiving retirement, pension, or other benefits as a result of prior employment by any business or organization whose employees or members are within this field of membership

NCUA Insured Yes
Charter Number # # 24567
Date Established 1951
Assets $354.80 million
Loans $249.48 million
Deposits $251.12 million
Capital $50.89 million

Field of Membership Restrictions

Membership in TEXAR Federal Credit Union is open to those who live in Bowie, Cass, Little River or Miller Counties and select areas of Red River or Lamar Counties in Texas. Membership is also open to the following: (1) students, employees and retirees of private and public schools in the listed counties; (2) employees of Cass and Bowie Counties and the city of New Boston, Texas; (3) customers of Bowie-Cass Electric Cooperative or Bowie County Farm Bureau; (4) employees of the railroad industry in the listed counties and other area Select Employer Groups.

Deposit Rates - June 5, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.10% $100 - Learn More
Money Market
0.15% $2,500 $24,999 Learn More
Money Market
0.25% $25,000 $49,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.65% $1,000 - Learn More
12 Mo CD
1.00% $1,000 - Learn More
18 Mo CD
1.05% $1,000 - Learn More
24 Mo CD
1.00% $1,000 - Learn More
36 Mo CD
1.10% $1,000 - Learn More
48 Mo CD
1.10% $1,000 - Learn More
Variable IRA Rates APY MIN MAX
0.30% $50 - Learn MoreShow Less
Fixed IRA
1.00% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 - Learn MoreShow Less

Loan Rates - June 5, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for TEXAR

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
Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
NMLS ID: 2890
License#: MC-3098
3.019% 3.000% 0.25 $625 $1,055 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

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
2.990 %
$0 Learn More
More Info

Note to TEXAR
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Below are Texar 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:

Texar Locations

Financial Details

Texar Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Texar. 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
Texar U.S. Average
5.19% 5.92

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 September 30, 2019, Texar had $2,551,421 in non-current loans and $144,658 in owned assets. To cover these potential losses it had $50,885,232 in net worth and $1,100,808 in loans loss reserves. That gives it a Texas Ratio of 5.19%.

Net Worth
Texar U.S. Average
14.34% 13.86%

Texar FCU has a net worth of 14.34% versus the BestCashCow average of 13.86. 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 Texar

Branches and Savings

What is Texar?

A federal credit union, registered with the NCUA under certificate #24567.
Learn more about credit unions here.

Is Texar 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 Texar?

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

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

Texar'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 Texar?

Texar has total capital of $50.89 million. Full information on Texar's financial position is located above.

Who owns Texar?

Credit Unions are owned by their members.

Where are Texar branches located?

See branch locations nearby.

Are Texar ATMs Open 24/7?

Do Texar ATMs accept cash deposits?

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

Does Texar have a mobile app?

Does Texar have mobile deposit?

Does Texar have quick pay?

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

Does Texar report to credit bureaus?

Does Texar use Chexsystems?

Does Texar use Equifax?

What is Texar's toll free phone number?

What is Texar's ACH Routing Number?

What is Texar's SWIFT code?

Where can I find Texar's wire transfer form?

What is the Texar address for deposits?

What Products Does Texar Offer

Does Texar offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Texar offer auto and RV loans?

Compare auto loan rates here.

Does Texar offer student loans or personal loans?

Compare personal loan rates here.

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