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860-568-2020
P.O. Box 280128
East Hartford, CT 06128

American Eagle Federal Credit Union is headquartered in EAST HARTFORD and is the 2nd largest credit union in the state of Connecticut. It is also the 138th largest credit union in the nation. It was established in 1935 and as of December of 2013, it had grown to 249 employees and 102,795 members. American Eagle Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in American Eagle Federal Credit Union is open to persons who live, work, worship, attend school in, and businesses and other legal entities, located in Hartford County, Middlesex County, or Tolland County, Connecticut. Also qualified for membership are: Spouses of persons who died while within the field of membership of this Credit Union; Employees of American Eagle Federal Credit Union; Volunteers in the community; and Members of the immediate family or household, and Organizations of such persons who are qualified join the credit union. Membership requires a minimum balance of $5 in the share savings account. - See Details

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A+

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 December 31, 2013 American Eagle Federal Credit Union had $9.78 million in non-current loans and owned real-estate with $132.81 million in equity and loan loss allowances on hand to cover it. This gives American Eagle Federal Credit Union a Texas Ratio of 7.37% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for American Eagle Federal Credit Union decreased dramatically from 11.57% as of December 31, 2012 to 7.37% as of December 31, 2013, resulting in a positive change of 36.34%.This indicates that the balance sheet and financial strength for American Eagle Federal Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
C+

In the past year, American Eagle Federal Credit Union has decreased its total deposits by -$8.38 million, resulting in -0.69% 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 American Eagle Federal Credit Union has shown is average.

Capitalization

GRADE:
B

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. American Eagle Federal Credit Union has $1.36 billion in assets with $132.81 million in equity, resulting in a capitalization level of 9.77%, which is above average.

Institution Statistics

Overall
NCUA #80
Year Chartered1935
Employees249
Primary Regulator
Assets and Liabilities
Assets$1.36 billion
Loans$764.98 million
Deposits$1.20 billion
Equity Capital$128.58 million
Loan Loss Allowance$4.23 million
Unbacked Noncurrent Loans$9.58 million
Real Estate Owned$204,000
Historic Data - December 2012
Assets$1.36 billion
Equity Capital$114.53 million
Loan Loss Allowance$3.85 million
Unbacked Noncurrent Loans$9.58 million
Real Estate Owned$104,000
Profit Margin - Quarterly
Net Interest Margin4.12%
Return on Assets0.34%
Return on Equity3.57%
Interest Income$39.28 million
Rates

Always verify rates and promotions with the bank or credit union. We are not American Eagle Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

American Eagle Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--IRA Accumulator
0.05%--Roth IRA Accumulator
0.05%--CESA Accumulator
0.05%--Savings
0.05%--Clubs

American Eagle Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$100k-Money Market Plus Savings
0.25%$40k-My Ultimate Money Market Savings
0.20%$40k-Money Market Savings

American Eagle Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--Business Checking
0.05%--My Ultimate Checking

American Eagle Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.25%$1k-60 Month CD
1.00%$1k-48 Month CD
0.85%$1k-36 Month CD
0.60%$1k-30 Month CD
0.40%$1k-24 Month CD
0.30%$1k-12 Month CD
0.30%$1k-13 Month CD
0.30%$1k-15 Month CD
0.30%$1k-18 Month CD
0.25%$1k-9 Month CD
0.25%$1k-18 Month CD (bump-up)
0.20%$1k-6 Month CD
0.20%$1k-8 Month CD
0.15%$1k-3 Month CD

American Eagle Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.25%$1k-60 Month IRA (Traditional,Roth)
1.25%$500-60 Month CESA
1.00%$1k-48 Month IRA (Traditional,Roth)
1.00%$500-48 Month CESA
0.85%$1k-36 Month IRA (Traditional,Roth)
0.85%$500-36 Month CESA
0.60%$1k-30 Month IRA (Traditional,Roth)
0.60%$500-30 Month CESA
0.40%$1k-24 Month IRA (Traditional,Roth)
0.40%$500-24 Month CESA
0.30%$1k-12 Month IRA (Traditional,Roth)
0.30%$1k-13 Month IRA (Traditional,Roth)
0.30%$1k-15 Month IRA (Traditional,Roth)
0.30%$500-12 Month CESA
0.30%$500-13 Month CESA
0.30%$500-15 Month CESA
0.30%$500-18 Month CESA
0.30%$1k-18 Month IRA (Traditional,Roth)
0.25%$1k$500k9 Month IRA (Traditional,Roth)
0.25%$1k-18 Month IRA (bump-up) (Traditional,Roth)
0.25%$500$500k9 Month CESA
0.25%$500-18 Month CESA (bump-up)
0.20%$1k-6 Month IRA (Traditional,Roth)
0.20%$1k-8 Month IRA (Traditional,Roth)
0.20%$500-6 Month CESA
0.20%$500-8 Month CESA
0.15%$1k-3 Month IRA (Traditional,Roth)
0.15%$500-3 Month CESA
Locations

American Eagle Federal Credit Union has 18 locations. Click to view all American Eagle Federal Credit Union locations.