Average User Rating:3 star rating based on 1 review.
Communications Federal Credit Union
Communications Federal Credit Union Locations| 4141 NW Expressway, Suite 200 Oklahoma City, OK 73116 800-522-3535 www.comfedcu.org  |
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Communications Federal Credit Union is headquartered in OKLAHOMA CITY and is the 3rd largest credit union in the state of Oklahoma. It is also the 232nd largest credit union in the nation. It was established in 1939 and as of September of 2011, it had grown to 130 employees and 52,321 members. Communications Federal Credit Union's money market rates are 14% higher than the national average, and it boasts a 5-star health rating.
Communications Federal Credit Union Routing Number: 303085476
Related Posts
Their (4%, $25K) RCA is no longer on their website; in addition, they will change their rate to (3%, $25K) by 1 January 2012 (and stricter RCA requirements) as indicated here by an Anon.: "Received email from Communications FCU 23 November 2011 stating c
I first reported on Communications Federal Credit Union and its reward checking account, called Free Performance Checking Account , in May 2008 . The rate has fallen, but not nearly as much as the rat ...
Communications FCU in Oklahoma continues to offer several very competitive CDs including a 2.70% APY 24-month CD, 2.05% APY 12-month CD and a 1.70% APY 6-month CD. These are also available in an IRA. Refer to my December review for more details.
Communication Federal Credit Union is offering some competitive share certificate and IRA rates. The most competitive ones include a 1.70% APY 6-month CD, a 2.05% APY 12-month CD and a 2.70% APY 24-month CD. Minimum deposit is $1,000. These rates are...
2008
See Rates for: Checking | Savings | Money Market | CD | IRA
Communications Federal Credit Union Checking Account Rates
Communications Federal Credit Union Savings Account Rates
Communications Federal Credit Union Money Market Rates
Communications Federal Credit Union CD Rates
Communications Federal Credit Union IRA Rates
Data for Q3 2011
Institution Statistics
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Institution Health
Overall Score:
5 out of 5 
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Communication Federal Credit Union -- Misleading information during the application process
Talking about "tough to join" and a bit misleading:
They stated at their website that anyone can join easlily via the "Citizen for Financial Literacy" with $5 contribution. Then when one applies, they stated after one goes through all the online application procedures (Chex, ID check, sending payment, etc.): "Sorry, you have to live in OK or Kansas to join that association."
I am not complaining about the "tough to join" part, but it is a bit misleading to cause people to apply, then they turned one down rapidly. It is a waste of time on the part of the applicants.
Ref. from their website:
It's never been easier to join Communication Federal Credit Union! Just click the Open My Account button below and go directly to our online membership application.
(If you do not fall within our regular field of membership, you may join the Citizens for
Financial Literacy association in order to become a member with Communication
Federal Credit Union) -- Note that nowhere it specifies the residency requirement to join this association during the important application process.
Please note that Maria did point out the residency requirement was stated at the cover page. The CC should have included this crucial information during the online application process to ensure te ruling out of out-of-state applicants (like the Kasasa Cash application process). Since it is now a minor flaw, I have modified my initial comments and rating accordingly. Thanks Maria!