Truchoice

Headquarters

Po Box 10659
Portland, ME 04104
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.66% →
1-Year CD 0.60% 0.67% →
2-Year CD 0.70% 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Truchoice is an NCUA insured institution located in Portland, ME. It was founded in 1955 and has approximately $173.35 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 10100
Date Established 1955
Assets $173.35 million
Loans $139.23 million
Deposits $157.65 million
Capital $17.53 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship or go to school in York or Cumberland County, Maine.

Deposit Rates - April 14, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.40% $2,500 $2,999 Learn More
Money Market
0.45% $10,000 $14,999 Learn More
Money Market
0.50% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More

Loan Rates - April 14, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for TRUCHOICE

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 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
ConsumerDirect Mortgage
NMLS ID: 472433
2.966% 2.875% 0.88 $2,928 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

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 Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info

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


 

Branches

Below are Truchoice 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


Truchoice Locations


Financial Details

Truchoice Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Truchoice. 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
Truchoice U.S. Average
12.69% 5.40

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, 2020, Truchoice had $2,349,459 in non-current loans and $25,150 in owned assets. To cover these potential losses it had $17,529,231 in net worth and $1,182,581 in loans loss reserves. That gives it a Texas Ratio of 12.69%.

Net Worth
Truchoice U.S. Average
10.11% 12.67%

Truchoice FCU has a net worth of 10.11% versus the BestCashCow average of 12.67. 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 Truchoice

Branches and Savings

What is Truchoice?

A federal credit union, registered with the NCUA under certificate #10100.
Learn more about credit unions here.

Is Truchoice FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Truchoice is insured by the NCUA.

Who can join Truchoice?

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

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

Truchoice'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 Truchoice?

Truchoice has total capital of $17.53 million. Full information on Truchoice's financial position is located above.

Who owns Truchoice?

Credit Unions are owned by their members.

Where are Truchoice branches located?

See branch locations nearby.

Are Truchoice ATMs Open 24/7?

Do Truchoice ATMs accept cash deposits?

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

Does Truchoice have a mobile app?

Does Truchoice have mobile deposit?

Does Truchoice have quick pay?

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

Does Truchoice report to credit bureaus?

Does Truchoice use Chexsystems?

Does Truchoice use Equifax?

What is Truchoice's toll free phone number?

What is Truchoice's ACH Routing Number?

What is Truchoice's SWIFT code?

Where can I find Truchoice's wire transfer form?

What is the Truchoice address for deposits?

What Products Does Truchoice Offer

Does Truchoice offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Truchoice offer auto and RV loans?

Compare auto loan rates here.

Does Truchoice offer student loans or personal loans?

Compare personal loan rates here.

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