Average User Rating:
1 star rating based on 1 review.

Franklin Mint Credit Union

1974 Sproul Rd, Ste 300
Broomall, PA 19008
800-220-3193
www.fmfcu.org

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Franklin Mint Credit Union is headquartered in Broomall and is the 9^th largest credit union in the state of Pennsylvania. It is also the 264^th largest credit union in the nation. It was established in 1970 and as of December of 2011, it had grown to 257 employees and 74,048 members. Franklin Mint Credit Union has a 4-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Franklin Mint Credit Union Checking Account Rates

Apy	Min	Max	Product
0.25%	$50k	-	Performance Checking
0.20%	$100	-	Checking Plus

Franklin Mint Credit Union Savings Account Rates

Apy	Min	Max	Product
2.00%	-	$500	Super Saver Savings
2.00%	-	$2,500	HolidayEClub
2.00%	-	$2,500	VacationEClub
0.40%	-	-	IRA Savings Account
0.40%	-	-	Roth Conversion IRA Savings Account
0.40%	-	-	Roth IRA Savings Account
0.40%	-	-	Coverdell Education Savings Account
0.20%	-	-	Statement Savings
0.20%	-	-	Start Smart Statement Savings
0.20%	-	-	Holiday Club
0.20%	-	-	Vacation Club

Franklin Mint Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.50%	$500k	-	Money Market Account

Franklin Mint Credit Union CD Rates

Apy	Min	Max	Product
1.50%	$500	-	60 Month CD
1.50%	$250	-	60 Month Start Smart CD
1.20%	$500	-	48 Month CD
1.20%	$250	-	48 Month Start Smart CD
1.10%	$500	-	120 Month CD
1.10%	$250	-	120 Month Start Smart CD
1.00%	$500	-	36 Month CD
1.00%	$250	-	36 Month Start Smart CD
0.90%	$500	-	30 Month CD
0.90%	$250	-	30 Month Start Smart CD
0.80%	$500	-	24 Month CD
0.80%	$250	-	24 Month Start Smart CD
0.70%	$500	-	24 Month Bump CD
0.70%	$250	-	24 Month Start Smart Bump CD
0.50%	$500	-	18 Month CD
0.50%	$250	-	18 Month Start Smart CD
0.45%	$500	-	15 Month CD
0.45%	$250	-	15 Month Start Smart CD
0.40%	$500	-	12 Month CD
0.40%	$250	-	12 Month Start Smart CD
0.35%	$500	-	9 Month CD
0.35%	$250	-	9 Month Start Smart CD
0.30%	$500	-	6 Month CD
0.30%	$250	-	6 Month Start Smart CD
0.25%	$500	-	3 Month CD
0.25%	$250	-	3 Month Start Smart CD

Franklin Mint Credit Union IRA Rates

Apy	Min	Max	Product
1.50%	$500	-	60 Month IRA
1.50%	$500	-	60 Month Roth IRA
1.50%	$500	-	60 Month Coverdell ESA
1.50%	$500	-	60 Month SEP IRA
1.20%	$500	-	48 Month IRA
1.20%	$500	-	48 Month Roth IRA
1.20%	$500	-	48 Month Coverdell ESA
1.20%	$500	-	48 Month SEP IRA
1.10%	$500	-	120 Month IRA
1.10%	$500	-	120 Month Roth IRA
1.10%	$500	-	120 Month Coverdell ESA
1.10%	$500	-	120 Month SEP IRA
1.00%	$500	-	36 Month IRA
1.00%	$500	-	36 Month Roth IRA
1.00%	$500	-	36 Month Coverdell ESA
1.00%	$500	-	36 Month SEP IRA
0.90%	$500	-	30 Month IRA
0.90%	$500	-	30 Month Roth IRA
0.90%	$500	-	30 Month Coverdell ESA
0.90%	$500	-	30 Month SEP IRA
0.80%	$500	-	24 Month IRA
0.80%	$500	-	24 Month Roth IRA
0.80%	$500	-	24 Month Coverdell ESA
0.80%	$500	-	24 Month SEP IRA
0.70%	$500	-	24 Month Bump IRA
0.70%	$500	-	24 Month Bump Roth IRA
0.70%	$500	-	24 Month Bump Coverdell ESA
0.70%	$500	-	24 Month Bump SEP IRA
0.50%	$500	-	18 Month IRA
0.50%	$500	-	18 Month Roth IRA
0.50%	$500	-	18 Month Coverdell ESA
0.50%	$500	-	18 Month SEP IRA
0.45%	$500	-	15 Month IRA
0.45%	$500	-	15 Month Roth IRA
0.45%	$500	-	15 Month Coverdell ESA
0.45%	$500	-	15 Month SEP IRA
0.40%	$500	-	12 Month IRA
0.40%	$500	-	12 Month Roth IRA
0.40%	$500	-	12 Month Coverdell ESA
0.40%	$500	-	12 Month SEP IRA
0.35%	$500	-	9 Month IRA
0.35%	$500	-	9 Month Roth IRA
0.35%	$500	-	9 Month Coverdell ESA
0.35%	$500	-	9 Month SEP IRA
0.30%	$500	-	6 Month IRA
0.30%	$500	-	6 Month Roth IRA
0.30%	$500	-	6 Month Coverdell ESA
0.30%	$500	-	6 Month SEP IRA
0.25%	$500	-	3 Month IRA
0.25%	$500	-	3 Month Roth IRA
0.25%	$500	-	3 Month Coverdell ESA
0.25%	$500	-	3 Month SEP IRA

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

FRANKLIN MINT
NCUA #	20042
BankRate Report	View
Year Chartered	1970
Employees	257
Primary Regulator
Assets and Liabilities
Assets	$745.71 million
Loans	$491.50 million
Deposits	$674.51 million
Equity Capital	$55.77 million
Loan Loss Allowance	$3.94 million
Unbacked Noncurrent Loans	$4.67 million
Real Estate Owned	$173,000
Historic Data - December 2010
Assets	$663.36 million
Equity Capital	$45.85 million
Loan Loss Allowance	$2.54 million
Unbacked Noncurrent Loans	$4.67 million
Real Estate Owned	$104,000
Profit Margin - Quarterly
Net Interest Margin	3.98%
Return on Assets	0.75%
Return on Equity	10.03%
Interest Income	$30.83 million
Non-Interest Income	$15.48 million

Institution Health

Overall Score:

4 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 Franklin Mint Credit Union had $4.85 million in non-current loans and owned real-estate with $59.7 million in equity and loan loss allowances on hand to cover it. This gives Franklin Mint Credit Union a Texas Ratio of 8.12% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Franklin Mint Credit Union decreased slightly from 9.86% as of December 31, 2010 to 8.12% as of December 31, 2011, resulting in a positive change of 17.70%.This indicates that the balance sheet and financial strength for Franklin Mint Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Franklin Mint Credit Union has increased its total deposits by $62.61 million, resulting in 10.23% 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 Franklin Mint 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. Franklin Mint Credit Union has $745.71 million in assets with $59.7 million in equity, resulting in a capitalization level of 8.01%, which is average.

Whole Bank
1 stars

- xlionofjudasx - Monday, July 25, 2011 - 10:23 AM

I applied for an auto loan an have been running back and forth all just to get declined after being told if I bring this document and this document you will get the amount needed. Biggest load of crap ever fed to me instant approval is a joke just to make you do work and go crazy because you get approved than told to bring in proof of income then when you do because of minus 7 hrs you get denied sorry I had to go to the doctor and then the car you already paid insurance for gets sold and you get a sorry bring back another stub an a vsa and you'll get approved for the amount you need ha so your telling me a new car is worth 13000 dollars I'm not taking out a loan to get junk I'm taking it out to get something I want if I'm gonna be in debt I'm gonna do it in what I want not a pos. The bank is incompetent un caring ignorant and possibly challenged for they know nothing about their job which is to read a computer screen. I wouldn't be as mad if they would have told me no in the beginning instead of waisting a month of my life. Stay clear away of Springfield branch sad sad people.