2021 Overview
General Credit Union Information
Westminster is an NCUA insured institution located in Westminster, CO. It was founded in 1960 and has approximately $43.56 millions in assets.
| NCUA Insured | Yes |
| Charter Number # | # 13842 |
| Date Established | 1960 |
| Assets | $43.56 million |
| Loans | $23.87 million |
| Deposits | $39.48 million |
| Capital | $3.99 million |
Field of Membership Restrictions
Deposit Rates - January 25, 2021
Your Current Location: Connecticut, CT 06828
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.09% | $2,500 | $4,999 |
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|
|
Money Market
|
0.08% | $2,500 | $2,999 |
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|
|
Money Market
|
0.18% | $10,000 | $14,999 |
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|
|
Money Market
|
0.20% | $25,000 | $29,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.40% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.40% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.90% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.90% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.95% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.95% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
1.20% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
1.20% | $100,000 | $199,999 |
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|
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.04% | $2,500 | $3,499 | Learn More |
Loan Rates - January 25, 2021
Your Current Location: Connecticut, CT 06828
There are currently no loan rates available for WESTMINSTER
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 |
|---|---|---|---|---|---|---|
NMLS ID: 3030 |
3.494% | 3.375% | 1.00 | $3,750 | $1,106 | Learn More |
NMLS ID: 3030 |
3.243% | 3.125% | 1.00 | $3,750 | $1,071 | Learn More |
NMLS ID: 2890 License#: 13256 |
2.576% | 2.500% | 1.00 | $2,500 | $988 | Learn More |
|
NMLS ID: 3030 |
3.243% | 3.125% | 1.00 | $3,750 | $1,071 | Learn More |
Featured - Connecticut Home Equity Line Of Credit Rates 2021
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loans See Table |
2.240 %
|
$0 |
Learn More
More Info |
People's United Bank, N.A. See Table |
4.000 %
|
$0 |
Learn More
More Info |
Note to WESTMINSTER
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Westminster 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
Financial Details
Westminster Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Westminster. 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
| Westminster | U.S. Average |
|---|---|
| 10.70% | 4.42 |
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, 2020, Westminster had $425,401 in non-current loans and $21,582 in owned assets. To cover these potential losses it had $3,988,181 in net worth and $188,772 in loans loss reserves. That gives it a Texas Ratio of 10.70%.
Net Worth
| Westminster | U.S. Average |
|---|---|
| 9.15% | 12.91% |
Westminster FCU has a net worth of 9.15% versus the BestCashCow average of 12.91. 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 Westminster
Branches and Savings
What is Westminster?
A credit union, registered with the NCUA under certificate #13842.
Learn more about credit unions here.
Is Westminster 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 Westminster?
Please see Field of Membership information above for information on who is eligible to join.
How big is Westminster?
Westminster has total capital of $3.99 million. Full information on Westminster's financial position is located above.
Who owns Westminster?
Credit Unions are owned by their members.
Where are Westminster branches located?
See branch locations nearby.
Are Westminster ATMs Open 24/7?
Do Westminster ATMs accept cash deposits?
Can Westminster customers use other ATMs? What is the charge for withdrawing money from another ATM?
Does Westminster have a mobile app?
Does Westminster have mobile deposit?
Does Westminster have quick pay?
How can Westminster transfer money to other banks or credit unions?
Does Westminster report to credit bureaus?
Does Westminster use Chexsystems?
Does Westminster use Equifax?
What is Westminster's toll free phone number?
What is Westminster's ACH Routing Number?
What is Westminster's SWIFT code?
Where can I find Westminster's wire transfer form?
What is the Westminster address for deposits?
What Products Does Westminster Offer
Does Westminster offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
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