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

ORNL Credit Union

P.O. Box 365
Oak Ridge, TN 37831
865-688-9555
www.ornlfcu.com

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ORNL Credit Union is headquartered in Oak Ridge and is the 3^rd largest credit union in the state of Tennessee. It is also the 119^st largest credit union in the nation. It was established in 1948 and as of December of 2011, it had grown to 409 employees and 151,026 members. ORNL Credit Union has a 5-star health rating.

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

ORNL Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.05%	-	-	Checking (Share Draft)

ORNL Credit Union Savings Account Rates

Apy	Min	Max	Product
0.40%	$100k	-	IRA Share Account
0.40%	$100k	-	Roth IRA Shares Account
0.40%	$100k	-	CESA Share Account
0.05%	-	-	Regular Share Savings
0.05%	-	-	Vacation Club
0.05%	-	-	Christmas Club

ORNL Credit Union Money Market Rates

Apy	Min	Max	Product
0.40%	$100k	-	Smart Money Account
0.20%	$100k	-	Money Market (No Drafts)
0.15%	$100k	-	Money Market (With Drafts)

ORNL Credit Union CD Rates

Apy	Min	Max	Product
1.50%	$100k	-	55 Month Jumbo CD Special for Platinum Members
1.45%	$500	$100k	55 Month CD Special for Platinum Members
1.45%	$100k	-	60 Month Jumbo CD for Platinum Members
1.40%	$500	$100k	60 Month CD for Platinum Members
1.30%	$100k	-	55 Month Jumbo CD Special
1.25%	$500	$100k	55 Month CD Special
1.25%	$100k	-	60 Month Jumbo CD
1.25%	$100k	-	48 - 59 Month Jumbo CD for Platinum Members
1.20%	$500	$100k	60 Month CD
1.20%	$500	$100k	48 - 59 Month CD for Platinum Members
1.05%	$100k	-	48 - 59 Month Jumbo CD
1.00%	$500	$100k	48 - 59 Month CD
0.95%	$100k	-	36 - 47 Month Jumbo CD for Platinum Members
0.90%	$500	$100k	36 - 47 Month CD for Platinum Members
0.85%	$100k	-	23 Month Jumbo CD Special for Platinum Members
0.80%	$500	-	23 Month CD Special for Platinum Members
0.75%	$100k	$100k	36 - 47 Month Jumbo CD
0.75%	$500	$100k	24 - 35 Month Jumbo CD for Platinum Members
0.70%	$500	$100k	36 - 47 Month CD
0.70%	$500	$100k	12 Month Variable CD for Platinum Members
0.70%	$500	$100k	24 - 35 Month CD for Platinum Members
0.65%	$100k	-	23 Month Jumbo CD Special
0.60%	$100k	-	12 - 23 Month Jumbo CD for Platinum Members
0.60%	$500	-	23 Month CD Special
0.55%	$100k	-	24 - 35 Month Jumbo CD
0.55%	$500	$100k	12 - 23 Month CD for Platinum Members
0.50%	$500	$100k	12 Month Variable CD
0.50%	$500	$100k	24 - 35 Month CD
0.50%	$100k	-	6 - 11 Month Jumbo CD for Platinum Members
0.45%	$2,500	$100k	6 - 11 Month CD for Platinum Members
0.40%	$100k	-	12 - 23 Month Jumbo CD
0.40%	$100k	-	3 - 5 Month Jumbo CD for Platinum Members
0.35%	$500	$100k	12 - 23 Month CD
0.35%	$2,500	$100k	3 - 5 Month CD for Platinum Members
0.30%	$100k	-	6 - 11 Month Jumbo CD
0.30%	$100k	-	1 - 2 Month Jumbo CD for Platinum Members
0.25%	$2,500	$100k	6 - 11 Month CD
0.20%	$100k	-	3 - 5 Month Jumbo CD
0.15%	$2,500	$100k	3 - 5 Month CD
0.10%	$2,500	$100k	1 - 2 Month Jumbo CD

ORNL Credit Union IRA Rates

Apy	Min	Max	Product
1.50%	$100k	-	55 Month Jumbo IRA Special for Platinum Members
1.50%	$100k	-	55 Month Jumbo Roth IRA Special for Platinum Members
1.50%	$100k	-	55 Month Jumbo CESA Special for Platinum Members
1.45%	$500	$100k	55 Month IRA Special for Platinum Members
1.45%	$100k	-	60 Month Jumbo IRA for Platinum Members
1.45%	$500	$100k	55 Month Roth IRA Special for Platinum Members
1.45%	$100k	-	60 Month Jumbo Roth IRA for Platinum Members
1.45%	$500	$100k	55 Month CESA Special for Platinum Members
1.45%	$100k	-	60 Month Jumbo CESA for Platinum Members
1.40%	$500	$100k	60 Month IRA for Platinum Members
1.40%	$500	$100k	60 Month Roth IRA for Platinum Members
1.40%	$500	$100k	60 Month CESA for Platinum Members
1.30%	$100k	-	55 Month Jumbo IRA Special
1.30%	$100k	-	55 Month Jumbo Roth IRA Special
1.30%	$100k	-	55 Month Jumbo CESA Special
1.25%	$100k	-	48 - 59 Month Jumbo IRA for Platinum Members
1.25%	$500	$100k	55 Month IRA Special
1.25%	$100k	-	60 Month Jumbo IRA
1.25%	$100k	-	48 - 59 Month Jumbo Roth IRA for Platinum Members
1.25%	$500	$100k	55 Month Roth IRA Special
1.25%	$100k	-	60 Month Jumbo Roth IRA
1.25%	$100k	-	48 - 59 Month Jumbo CESA for Platinum Members
1.25%	$500	$100k	55 Month CESA Special
1.25%	$100k	-	60 Month Jumbo CESA
1.20%	$500	$100k	48 - 59 Month IRA for Platinum Members
1.20%	$500	$100k	60 Month IRA
1.20%	$500	$100k	48 - 59 Month Roth IRA for Platinum Members
1.20%	$500	$100k	60 Month Roth IRA
1.20%	$500	$100k	48 - 59 Month CESA for Platinum Members
1.20%	$500	$100k	60 Month CESA
1.05%	$100k	-	48 - 59 Month Jumbo IRA
1.05%	$100k	-	48 - 59 Month Jumbo Roth IRA
1.05%	$100k	-	48 - 59 Month Jumbo CESA
1.00%	$500	$100k	48 - 59 Month IRA
1.00%	$500	$100k	48 - 59 Month Roth IRA
1.00%	$500	$100k	48 - 59 Month CESA
0.95%	$100k	-	36 - 47 Month Jumbo IRA for Platinum Members
0.95%	$100k	-	36 - 47 Month Jumbo Roth IRA for Platinum Members
0.95%	$100k	-	36 - 47 Month Jumbo CESA for Platinum Members
0.90%	$500	$100k	36 - 47 Month IRA for Platinum Members
0.90%	$500	$100k	36 - 47 Month CESA for Platinum Members
0.85%	$100k	-	23 Month Jumbo IRA Special for Platinum Members
0.85%	$100k	-	23 Month Jumbo CESA Special for Platinum Members
0.85%	$100k	-	23 Month Jumbo Roth IRA Special for Platinum Members
0.80%	$500	-	23 Month IRA Special for Platinum Members
0.80%	$500	-	23 Month CESA Special for Platinum Members
0.80%	$500	-	23 Month Roth IRA Special for Platinum Members
0.75%	$500	$100k	24 - 35 Month Jumbo IRA for Platinum Members
0.75%	$100k	$100k	36 - 47 Month Jumbo IRA
0.75%	$500	$100k	24 - 35 Month Jumbo Roth IRA for Platinum Members
0.75%	$100k	$100k	36 - 47 Month Jumbo Roth IRA
0.75%	$500	$100k	24 - 35 Month Jumbo CESA for Platinum Members
0.75%	$100k	$100k	36 - 47 Month Jumbo CESA
0.70%	$500	$100k	12 Month Variable IRA for Platinum Members
0.70%	$500	$100k	24 - 35 Month IRA for Platinum Members
0.70%	$500	$100k	36 - 47 Month IRA
0.70%	$500	$100k	12 Month Variable Roth IRA for Platinum Members
0.70%	$500	$100k	24 - 35 Month Roth IRA for Platinum Members
0.70%	$500	$100k	36 - 47 Month Roth IRA
0.70%	$500	$100k	36 - 47 Month Roth IRA for Platinum Members
0.70%	$500	$100k	12 Month Variable CESA for Platinum Members
0.70%	$500	$100k	24 - 35 Month CESA for Platinum Members
0.70%	$500	$100k	36 - 47 Month CESA
0.65%	$100k	-	23 Month Jumbo IRA Special
0.65%	$100k	-	23 Month Jumbo CESA Special
0.65%	$100k	-	23 Month Jumbo Roth IRA Special
0.60%	$100k	-	12 - 23 Month Jumbo IRA for Platinum Members
0.60%	$100k	-	12 - 23 Month Jumbo Roth IRA for Platinum Members
0.60%	$100k	-	12 - 23 Month Jumbo CESA for Platinum Members
0.60%	$500	-	23 Month IRA Special
0.60%	$500	-	23 Month CESA Special
0.60%	$500	-	23 Month Roth IRA Special
0.55%	$500	$100k	12 - 23 Month IRA for Platinum Members
0.55%	$100k	-	24 - 35 Month Jumbo IRA
0.55%	$500	$100k	12 - 23 Month Roth IRA for Platinum Members
0.55%	$100k	-	24 - 35 Month Jumbo Roth IRA
0.55%	$500	$100k	12 - 23 Month CESA for Platinum Members
0.55%	$100k	-	24 - 35 Month Jumbo CESA
0.50%	$100k	-	6 - 11 Month Jumbo IRA for Platinum Members
0.50%	$500	$100k	12 Month Variable IRA
0.50%	$500	$100k	24 - 35 Month IRA
0.50%	$100k	-	6 - 11 Month Jumbo Roth IRA for Platinum Members
0.50%	$500	$100k	12 Month Variable Roth IRA
0.50%	$500	$100k	24 - 35 Month Roth IRA
0.50%	$100k	-	6 - 11 Month Jumbo CESA for Platinum Members
0.50%	$500	$100k	12 Month Variable CESA
0.50%	$500	$100k	24 - 35 Month CESA
0.45%	$2,500	$100k	6 - 11 Month IRA for Platinum Members
0.45%	$2,500	$100k	6 - 11 Month Roth IRA for Platinum Members
0.45%	$2,500	$100k	6 - 11 Month CESA for Platinum Members
0.40%	$100k	-	3 - 5 Month Jumbo IRA for Platinum Members
0.40%	$100k	-	12 - 23 Month Jumbo IRA
0.40%	$100k	-	3 - 5 Month Jumbo Roth IRA for Platinum Members
0.40%	$100k	-	12 - 23 Month Jumbo Roth IRA
0.40%	$100k	-	3 - 5 Month Jumbo CESA for Platinum Members
0.40%	$100k	-	12 - 23 Month Jumbo CESA
0.35%	$2,500	$100k	3 - 5 Month IRA for Platinum Members
0.35%	$500	$100k	12 - 23 Month IRA
0.35%	$2,500	$100k	3 - 5 Month Roth IRA for Platinum Members
0.35%	$500	$100k	12 - 23 Month Roth IRA
0.35%	$2,500	$100k	3 - 5 Month CESA for Platinum Members
0.35%	$500	$100k	12 - 23 Month CESA
0.30%	$100k	-	6 - 11 Month Jumbo IRA
0.30%	$100k	-	6 - 11 Month Jumbo Roth IRA
0.30%	$100k	-	6 - 11 Month Jumbo CESA
0.25%	$2,500	$100k	6 - 11 Month IRA
0.25%	$2,500	$100k	6 - 11 Month Roth IRA
0.25%	$2,500	$100k	6 - 11 Month CESA
0.20%	$100k	-	3 - 5 Month Jumbo IRA
0.20%	$100k	-	3 - 5 Month Jumbo Roth IRA
0.20%	$100k	-	3 - 5 Month Jumbo CESA
0.15%	$2,500	$100k	3 - 5 Month IRA
0.15%	$2,500	$100k	3 - 5 Month Roth IRA
0.15%	$2,500	$100k	3 - 5 Month CESA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

ORNL
NCUA #	5797
BankRate Report	View
Year Chartered	1948
Employees	409
Primary Regulator
Assets and Liabilities
Assets	$1.35 billion
Loans	$1.00 billion
Deposits	$1.15 billion
Equity Capital	$136.04 million
Loan Loss Allowance	$7.22 million
Unbacked Noncurrent Loans	$8.72 million
Real Estate Owned	$6.19 million
Historic Data - December 2010
Assets	$1.28 billion
Equity Capital	$125.62 million
Loan Loss Allowance	$7.87 million
Unbacked Noncurrent Loans	$20.86 million
Real Estate Owned	$2.65 million
Profit Margin - Quarterly
Net Interest Margin	4.53%
Return on Assets	0.63%
Return on Equity	6.28%
Interest Income	$56.99 million
Non-Interest Income	$23.47 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 ORNL Credit Union had $14.91 million in non-current loans and owned real-estate with $143.26 million in equity and loan loss allowances on hand to cover it. This gives ORNL Credit Union a Texas Ratio of 10.41% 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 ORNL Credit Union decreased significantly from 17.61% as of December 31, 2010 to 10.41% as of December 31, 2011, resulting in a positive change of 40.91%.This indicates that the balance sheet and financial strength for ORNL Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, ORNL Credit Union has increased its total deposits by $63.77 million, resulting in 5.86% 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 ORNL 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. ORNL Credit Union has $1.35 billion in assets with $143.26 million in equity, resulting in a capitalization level of 10.58%, which is above average.

Excessive Cheque Holds And Poor Communication.
2 stars

- blburns - Monday, September 12, 2011 - 9:14 AM

I have been using credit unions for 7 years now and ORNL is the worst. They hold your cheques for 9 business days until you have established a 'relationship' with them, which no one will tell me how long that is. No one told me about any holds until I noticed them and called. Very poor customer service and I have never felt so held hostage.