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866-226-5225
122 E College Ave Suite 1E
Appleton, WI 54911

Thrivent Federal Credit Union is headquartered in Appleton and is the 13st largest credit union in the state of Wisconsin. It is also the 456th largest credit union in the nation. It was established in 2012 and as of March of 2014, it had grown to 125 employees and 45,997 members. Thrivent Federal Credit Union's money market rates are 14% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Anyone within our "field of membership" is eligible to apply for credit union membership. This includes the following: Members (benefit and associate) of Thrivent Financial for Lutherans. Employees of Thrivent Financial for Lutherans. Employees of Thrivent Federal Credit Union. Volunteers of Thrivent Financial for Lutherans or Thrivent Federal Credit Union. Immediate family members or household members of an eligible person. Widows and widowers of persons within the field of membership of Thrivent Federal Credit Union. Organizations or businesses owned by eligible persons. Organizations: The Evangelical Lutheran Church in America (ELCA), the Lutheran Church Missouri Synod (LCMS), the Wisconsin Evangelical Lutheran Synod (WELS), the Church of the Lutheran Brethren (CLB), the North American Lutheran Church (NALC), the American Association of Lutheran Churches (AALC), the Evangelical Lutheran Synod (ELS), the Association of Free Lutheran Congregations (AFLC), the Lutheran Congregations in Mission for Christ (LCMC), including the corporate accounts for the congregations, colleges, universities, seminaries, schools, early childhood learning centers, auxiliary organizations and recognized service organizations affiliated with these church bodies. - See Details

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Health

Data for Q1 2014

Institution Health

B+

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 Thrivent Federal Credit Union had $2.92 million in non-current loans and owned real-estate with $47.71 million in equity and loan loss allowances on hand to cover it. This gives Thrivent Federal Credit Union a Texas Ratio of 6.11% 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 Thrivent Federal Credit Union decreased dramatically from 13.39% as of March 31, 2013 to 6.11% as of March 31, 2014, resulting in a positive change of 54.38%.This indicates that the balance sheet and financial strength for Thrivent Federal Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
D

In the past year, Thrivent Federal Credit Union has decreased its total deposits by -$32.52 million, resulting in -6.89% 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 Thrivent Federal Credit Union has shown is below average.

Capitalization

GRADE:
B

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. Thrivent Federal Credit Union has $496.78 million in assets with $47.71 million in equity, resulting in a capitalization level of 9.60%, which is above average.

Institution Statistics

Overall
NCUA #24849
Year Chartered2012
Employees125
Primary Regulator
Assets and Liabilities
Assets$496.78 million
Loans$310.19 million
Deposits$439.43 million
Equity Capital$46.25 million
Loan Loss Allowance$1.46 million
Unbacked Noncurrent Loans$1.90 million
Real Estate Owned$1.02 million
Historic Data - March 2013
Assets$526.82 million
Equity Capital$46.21 million
Loan Loss Allowance$723,000
Unbacked Noncurrent Loans$1.90 million
Real Estate Owned$2.42 million
Profit Margin - Quarterly
Return on Assets0.08%
Return on Equity0.89%
Interest Income$4.49 million
Rates

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

Thrivent Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.35%$100k-Thrivent Share Savings Account
0.35%$100k-Thrivent Business Share Savings

Thrivent Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%$100k-Thrivent Rewards Money Market
0.50%$100k-Business Rewards Money Market

Thrivent Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.45%$100k-Business Sweep
0.15%--Thrivent Rewards Checking Account
0.10%$250-Community Checking
0.10%--Community Checking Plus
0.00%$250-Business Checking
0.00%--Business Checking Plus
0.00%--Business Rewards Checking

Thrivent Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.45%$1k-60 Month CD
1.35%$1k-48 Month CD
1.15%$1k-36 Month CD
1.00%$1k-30 Month CD
0.95%$1k-24 Month CD
0.80%$5k-24 Month Flex CD
0.75%$1k-18 Month CD
0.65%$5k-18 Month Flex CD
0.60%$1k-12 Month CD
0.50%$1k-9 Month CD
0.50%$5k-12 Month Flex CD
0.35%$1k-6 Month CD
0.20%$1k-3 Month CD
Locations


Thrivent Federal Credit Union Locations
Branch Office122 E College Ave Suite 1EAppleton, WI 54911
Branch Office625 4th Ave SMinneapolis, MN 55415-1624
Branch Office4321 N Ballard RdAppleton, WI 54919