Average User Rating:
1 star rating based on 3 reviews.

Achieva Credit Union

1499 Gulf to Bay Blvd
Clearwater, FL 33755
(727) 431-7680
www.achievacu.com

OverView
Rates
Health
Reviews

Achieva Credit Union is headquartered in Clearwater and is the 14^st largest credit union in the state of Florida. It is also the 193^rd largest credit union in the nation. It was established in 1937 and as of September of 2011, it had grown to 234 employees and 95,417 members. Achieva Credit Union has a 4-star health rating.

Achieva Credit Union Routing Number: 263177770

Report an Issue

See Rates for: Checking | Savings | Money Market | CD | IRA

Achieva Credit Union Checking Account Rates

Apy	Min	Max	Product
1.00%^†	-	$25k	Emerald Checking
0.00%^†	$1k	-	Interest Checking

Achieva Credit Union Savings Account Rates

Apy	Min	Max	Product
0.45%^†	$50k	-	CESA Savings
0.45%^†	$50k	-	IRA Savings
0.45%^†	$50k	-	Roth IRA Savings
0.15%^†	-	-	Kids Make Cents
0.15%^†	-	-	Savings II
0.15%^†	-	-	Regular Savings
0.15%^†	-	-	PAL Savings
0.15%^†	-	-	Summer Savings
0.15%^†	-	-	Holiday Savings
0.15%^†	-	-	HSA Savings

Achieva Credit Union Money Market Rates

Apy	Min	Max	Product
0.35%^†	$50k	-	Premier MMA
0.15%^†	$2k	-	Money Market

Achieva Credit Union CD Rates

Apy	Min	Max	Product
1.20%^†	$75k	-	48 Month CD Plus
1.00%^†	$75k	-	36 Month CD Plus
1.00%^†	$500	-	48 Month CD
0.85%^†	$75k	-	12 Month HSA CD Plus
0.80%^†	$500	-	36 Month CD
0.70%^†	$75k	-	24 Month CD Plus
0.65%^†	$500	-	12 Month HSA CD
0.50%^†	$500	-	24 Month CD
0.50%^†	$75k	-	6 Month HSA CD Plus
0.45%^†	$75k	-	18 Month CD Plus
0.40%^†	$75k	-	12 Month CD Plus
0.35%^†	$75k	-	6 Month CD Plus
0.30%^†	$500	-	6 Month HSA CD
0.25%^†	$500	-	18 Month CD
0.20%^†	$500	-	12 Month CD
0.15%^†	$500	-	6 Month CD

Achieva Credit Union IRA Rates

Apy	Min	Max	Product
1.60%^†	$75k	-	60 Month IRA Plus
1.60%^†	$75k	-	60 Month Roth IRA Plus
1.60%^†	$75k	-	60 Month CESA Plus
1.40%^†	$500	-	60 Month IRA
1.40%^†	$500	-	60 Month Roth IRA
1.40%^†	$500	-	60 Month CESA
1.30%^†	$75k	-	48 Month IRA Plus
1.30%^†	$75k	-	48 Month Roth IRA Plus
1.30%^†	$75k	-	48 Month CESA Plus
1.10%^†	$75k	-	36 Month IRA Plus
1.10%^†	$500	-	48 Month IRA
1.10%^†	$75k	-	36 Month Roth IRA Plus
1.10%^†	$500	-	48 Month Roth IRA
1.10%^†	$75k	-	36 Month CESA Plus
1.10%^†	$500	-	48 Month CESA
0.90%^†	$500	-	36 Month IRA
0.90%^†	$500	-	36 Month Roth IRA
0.90%^†	$500	-	36 Month CESA
0.80%^†	$75k	-	24 Month IRA Plus
0.80%^†	$75k	-	24 Month Roth IRA Plus
0.80%^†	$75k	-	24 Month CESA Plus
0.60%^†	$500	-	24 Month IRA
0.60%^†	$500	-	24 Month Roth IRA
0.60%^†	$500	-	24 Month CESA
0.55%^†	$75k	-	18 Month IRA Plus
0.55%^†	$75k	-	18 Month Roth IRA Plus
0.55%^†	$75k	-	18 Month CESA Plus
0.50%^†	$75k	-	12 Month IRA Plus
0.50%^†	$75k	-	12 Month Roth IRA Plus
0.50%^†	$75k	-	12 Month CESA Plus
0.45%^†	$75k	-	6 Month IRA Plus
0.45%^†	$75k	-	6 Month Roth IRA Plus
0.45%^†	$75k	-	6 Month CESA Plus
0.35%^†	$500	-	18 Month IRA
0.35%^†	$500	-	18 Month Roth IRA
0.35%^†	$500	-	18 Month CESA
0.30%^†	$500	-	12 Month IRA
0.30%^†	$500	-	12 Month Roth IRA
0.30%^†	$500	-	12 Month CESA
0.25%^†	$500	-	6 Month IRA
0.25%^†	$500	-	6 Month Roth IRA
0.25%^†	$500	-	6 Month CESA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

ACHIEVA CREDIT UNION
NCUA #	60087
BankRate Report	View
Year Established	1937
Employees	234
Primary Regulator
Assets and Liabilities
Assets	$951.13 million
Loans	$599.02 million
Deposits	$852.57 million
Equity Capital	$85.86 million
Loan Loss Allowance	$7.98 million
Unbacked Noncurrent Loans	$9.96 million
Real Estate Owned	$1.87 million
Historic Data - September 2010
Assets	$888.90 million
Equity Capital	$81.78 million
Loan Loss Allowance	$7.02 million
Unbacked Noncurrent Loans	$13.35 million
Real Estate Owned	$3.22 million
Profit Margin - Quarterly
Net Interest Margin	4.35%
Return on Assets	0.23%
Return on Equity	2.53%
Interest Income	$27.54 million
Non-Interest Income	$13.06 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Achieva Credit Union had $11.83 million in non-current loans and owned real-estate with $93.84 million in equity and loan loss allowances on hand to cover it. This gives Achieva Credit Union a Texas Ratio of 12.60% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Achieva Credit Union decreased slightly from 18.66% as of September 30, 2010 to 12.60% as of September 30, 2011, resulting in a positive change of 32.44%.This indicates that the balance sheet and financial strength for Achieva Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Achieva Credit Union has increased its total deposits by $56.37 million, resulting in 7.08% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Achieva Credit Union has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Achieva Credit Union has $951.13 million in assets with $93.84 million in equity, resulting in a capitalization level of 9.87%, which is average.

Achieva Credit Union
1 stars

- jfribly - Sunday, February 20, 2011 - 12:18 PM

I have been a member of Achieva for over 15 years. In the last few years, their service has gone down hill. No response to complaints and total arrogance towards customers has left me in a positon to remove almost all funds and only keep open a small auto loan.

The final straw was their implementation of a $.25 charge on all debit transactions where you use your PIN number.

I stopped carrying cash probably 5 to 6 years ago and used my debit card exclusively. with this fee, the charges add up quick.

I have switch all accounts over to Wachovia.

Member Since 1998
1 stars

- StPeteMember - Thursday, April 14, 2011 - 8:02 AM

Achieva has joined the ranks of the financial institutions that have total disregard for the wage-earner. Last year while unemployed I was still able to pay most of my credit obligations, including the one owed to Achieva. I was working on a work-out plan with my mortgage holder, who, of course, reported that I was behind on my mortgage resulting in a crashed credit score. Even though all my other credit obligations reported that I was paying as agreed -- and never missing a payment to Achieva -- Achieva closed my credit account. This was immediately after I refused to allow them to grant me the "benefit" of automatically overdrawing my checking account with debit-card purchases. The twenty-five cent charge for debit purchases is a bogus fee. Achieva recieves a fee from the vendor for every debit-card transaction they process. Are they in good financial shape? You betcha! Like every other thieving financial institution, they are balancing their books on the backs of those who can least afford it. I'd give them a negative star rating if I could.

LOANS MADE BY SARASOTA COASTEL CREDIT UNION
1 stars

- notyourfriend - Tuesday, January 10, 2012 - 8:21 PM

I had been with SCCU for approx 15 years , they were taken over by Achieva ( a buyout) when my income dropped ,like so many others and my house was over mortgaged and some health issues put me behind the best they would do in the way of a modifacation was to drop my payments for one year. The people working ther are also some of the rudest you will ever talk to, as one put it when we were discussing my mortgage , WELL GET ANOTHER JOB, what a bunch of self absorbed no good bastards. I'm sure that they got my loan from SCCU at a deep discount but will not work with you to create an agreement to help. Feels more like extortion than anything else, pay us or else,your credit everything will be ruined, as they said to me ,why should we lower your principle? Pure banking pieces of shit if there ever were. I'm sure that I'll end up losing everything and ending up in bankruptcy . THANKS ACHIEVA. I wouldn't put a dime in these bastards credit union. Do your homework,.