FAST Federal Credit Union

312 W 7th St
Hanford, CA 93230
(559) 584-0922
www.fastcu.com

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FAST Federal Credit Union is headquartered in Hanford and is the 147^th largest credit union in the state of California. It is also the 1,403^rd largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 32 employees and 12,464 members. FAST Federal Credit Union has a 5-star health rating.

4.08% Reward Checking Account at FAST FCU in California - 3/18/2009

FAST Federal Credit Union is offering the FAST Rewards Checking. The account offers the following rates and features if certain monthly requirements are met:4.08% APY on balances up to $25,0001.01% APY on balances over $25,0000.10% base rate if...

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See Rates for: Checking | Savings | CD | IRA

FAST Federal Credit Union Checking Account Rates

Apy	Min	Max	Product
2.01%	-	$20k	Reward Checking
0.05%	$5k	-	Classic Club Checking
0.05%	$5k	-	Elite Checking
0.05%	$10k	-	Business Checking
0.05%	$5k	-	Organization Checking

FAST Federal Credit Union Savings Account Rates

Apy	Min	Max	Product
0.22%	$10k	-	Classic Club Share Savings
0.19%	$10k	-	Regular Share Savings
0.19%	$10k	-	Dollar Dog Child Account
0.19%	$10k	-	Cha-Ching Teen Club Account
0.19%	$10k	-	Uniform Transfer to Minors
0.19%	$10k	-	Vacation Club Savings Account
0.19%	$10k	-	Christmas Club Savings Account
0.10%	$500	-	IRA Share Savings
0.10%	$500	-	Roth IRA Share Savings
0.10%	$500	-	Educational IRA Share Savings

FAST Federal Credit Union CD Rates

Apy	Min	Max	Product
0.86%	$2,500	-	3 Year Classic Club Share Savings Certificate ($2,500)
0.83%	$500	-	3 Year Share Savings Certificate ($500)
0.83%	$2,500	-	3 Year Share Savings Certificate ($2,500)
0.45%	$2,500	-	2 Year Classic Club Share Savings Certificate ($2,500)
0.41%	$500	-	2 Year Share Savings Certificate ($500)
0.41%	$2,500	-	2 Year Share Savings Certificate ($2,500)
0.35%	$2,500	-	1 Year Classic Club Share Savings Certificate ($2,500)
0.33%	$500	-	1 Year Share Savings Certificate ($500)
0.33%	$2,500	-	1 Year Share Savings Certificate ($2,500)
0.25%	$2,500	-	6 Month Classic Club Share Savings Certificate ($2,500)
0.21%	$500	-	6 Month Share Savings Certificate ($500)
0.21%	$2,500	-	6 Month Share Savings Certificate ($2,500)

FAST Federal Credit Union IRA Rates

Apy	Min	Max	Product
0.86%	-	-	3 Year Traditional IRA Share Savings Certificate
0.86%	-	-	3 Year Roth IRA Share Savings Certificate
0.86%	-	-	3 Year Educational IRA Share Savings Certificate
0.45%	-	-	2 Year Traditional IRA Share Savings Certificate
0.45%	-	-	2 Year Roth IRA Share Savings Certificate
0.45%	-	-	2 Year Educational IRA Share Savings Certificate
0.35%	-	-	1 Year Traditional IRA Share Savings Certificate
0.35%	-	-	1 Year Roth IRA Share Savings Certificate
0.35%	-	-	1 Year Educational IRA Share Savings Certificate

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

FAMILIES AND SCHOOLS TOGETHER
NCUA #	9109
BankRate Report	View
Year Chartered	1954
Employees	32
Primary Regulator
Assets and Liabilities
Assets	$103.13 million
Loans	$42.34 million
Deposits	$92.65 million
Equity Capital	$9.67 million
Loan Loss Allowance	$616,000
Unbacked Noncurrent Loans	$148,000
Historic Data - December 2010
Assets	$92.37 million
Equity Capital	$9.45 million
Loan Loss Allowance	$805,000
Unbacked Noncurrent Loans	$223,000
Profit Margin - Quarterly
Net Interest Margin	5.69%
Return on Assets	0.21%
Return on Equity	2.23%
Interest Income	$2.81 million
Non-Interest Income	$1.83 million

Institution Health

Overall Score:

5 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 December 31, 2011 FAST Federal Credit Union had $148,000 in non-current loans and owned real-estate with $10.28 million in equity and loan loss allowances on hand to cover it. This gives FAST Federal Credit Union a Texas Ratio of 1.44% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for FAST Federal Credit Union decreased slightly from 2.17% as of December 31, 2010 to 1.44% as of December 31, 2011, resulting in a positive change of 33.81%.This indicates that the balance sheet and financial strength for FAST Federal Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, FAST Federal Credit Union has increased its total deposits by $10.24 million, resulting in 12.43% 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 FAST Federal 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. FAST Federal Credit Union has $103.13 million in assets with $10.28 million in equity, resulting in a capitalization level of 9.97%, which is average.