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360-423-8750
796 Commerce Ave
Longview, WA 98632-2459

Fibre Federal Credit Union is headquartered in Longview and is the 14st largest credit union in the state of Washington. It is also the 297th largest credit union in the nation. It was established in 1937 and as of March of 2014, it had grown to 180 employees and 70,022 members. Fibre Federal Credit Union's savings rates are 2X the national average, and it boasts a A+ health rating.

Field of Membership Restrictions

Individuals who live, work, worship, or attend school in Cowlitz County, as well as businesses and organizations located in Cowlitz County, are eligible to join the Credit Union. Immediate families and households of individuals eligible to join also qualify for membership. - See Details

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Reviews (1)

Fabulous! Highly Recommended

If you are eligible, I highly recommend this CU. I have been a member for many years and keep moving more and more of my accounts over to them - first the checking/savings, then the business checking, etc. ... This week I intend to move my Roth IRA over as well.



Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Fibre Federal Credit Union had $1.75 million in non-current loans and owned real-estate with $119.04 million in equity and loan loss allowances on hand to cover it. This gives Fibre Federal Credit Union a Texas Ratio of 1.47% 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 Fibre Federal Credit Union decreased dramatically from 2.24% as of March 31, 2013 to 1.47% as of March 31, 2014, resulting in a positive change of 34.21%.This indicates that the balance sheet and financial strength for Fibre Federal Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Fibre Federal Credit Union has increased its total deposits by $13.85 million, resulting in 2.18% 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 Fibre Federal Credit Union has shown is above average.

Capitalization

GRADE:
A+

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. Fibre Federal Credit Union has $770.93 million in assets with $119.04 million in equity, resulting in a capitalization level of 15.44%, which is excellent.

Institution Statistics

Overall
NCUA #2191
Year Chartered1937
Employees180
Primary Regulator
Assets and Liabilities
Assets$770.93 million
Loans$424.32 million
Deposits$649.42 million
Equity Capital$114.41 million
Loan Loss Allowance$4.63 million
Unbacked Noncurrent Loans$1.04 million
Real Estate Owned$708,000
Historic Data - March 2013
Assets$756.08 million
Equity Capital$112.94 million
Loan Loss Allowance$4.89 million
Unbacked Noncurrent Loans$1.04 million
Real Estate Owned$1.39 million
Profit Margin - Quarterly
Net Interest Margin1.03%
Return on Assets0.43%
Return on Equity2.91%
Interest Income$5.58 million
Rates

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

Fibre Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.15%-$10kSmart Start Savings
0.15%$50-Regular Savings

Fibre Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$1,500-Money Market Savings
0.20%$1,500-Money Market Checking

Fibre Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.25%-$20kChoice Checking - Qualifying
0.20%--Business Plus Checking
0.10%--Choice Checking - Non Qualifying

Fibre Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.11%$500-36 - 47 Month CD
0.70%$500-24 - 35 Month CD
0.70%$500-30 Month Bump Up CD
0.45%$500-18 - 23 Month CD
0.40%$500-12 - 17 Month CD
0.30%$25-12 Month Save to Win CD
0.25%$500-6 - 11 Month CD
0.20%$100-18 Month Money Builder Certificate

Fibre Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.11%$500-36 - 47 Month IRA
0.70%$500-24 - 35 Month IRA
0.45%$500-18 - 23 Month IRA
0.40%$500-12 - 17 Month IRA
0.25%$500-6 - 11 Month IRA
Locations


Fibre Federal Credit Union Locations
Branch Office2121 32nd AveLongview, WA 98632-4296
Branch Office1147 N Goerig St Ste AWoodland, WA 98674-9499
Branch Office384 N 1st StKalama, WA 98625-0067
Branch Office1003 S 13th AveKelso, WA 98626
Branch Office102 NW 5th AveKelso, WA 98626-1147
Branch Office800 Triangle Shopping CtrLongview, WA 98632
Branch Office822 Commerce AveLongview, WA 98632-2406
Branch Office796 Commerce AveLongview, WA 98632-2459
Branch Office202 SW Front AvenueCastle Rock, WA 98611