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.
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
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.
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.
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.
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.
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.
|Assets and Liabilities|
|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|
|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 Margin||1.03%|
|Return on Assets||0.43%|
|Return on Equity||2.91%|
|Interest Income||$5.58 million|
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.
|1.15%||-||$10k||Smart Start Savings|
|0.20%||$1,500||-||Money Market Savings|
|0.20%||$1,500||-||Money Market Checking|
|2.25%||-||$20k||Choice Checking - Qualifying|
|0.20%||-||-||Business Plus Checking|
|0.10%||-||-||Choice Checking - Non Qualifying|
|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|
|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|
|Fibre Federal Credit Union Locations|
|Branch Office||2121 32nd Ave||Longview, WA 98632-4296|
|Branch Office||1147 N Goerig St Ste A||Woodland, WA 98674-9499|
|Branch Office||384 N 1st St||Kalama, WA 98625-0067|
|Branch Office||1003 S 13th Ave||Kelso, WA 98626|
|Branch Office||102 NW 5th Ave||Kelso, WA 98626-1147|
|Branch Office||800 Triangle Shopping Ctr||Longview, WA 98632|
|Branch Office||822 Commerce Ave||Longview, WA 98632-2406|
|Branch Office||796 Commerce Ave||Longview, WA 98632-2459|
|Branch Office||202 SW Front Avenue||Castle Rock, WA 98611|