ACT 1st Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.76% | 5-year CD | 60 Month Share Certificate 2.35% - Synchrony Bank 60 Month CD |
| 0.70% | 1-year CD | 12 Month Share Certificate 1.45% - CIT Bank 11-Month No-Penalty CD |
| 0.25% | Savings | Regular Shares |
ACT 1st Federal Credit Union is headquartered in LaVale and is the 33rd largest credit union in the state of Maryland. It is also the 1,551st largest credit union in the nation. It was established in 1950 and as of June of 2017, it had grown to 31 employees and 9,658 members at 3 locations. ACT 1st Federal Credit Union's money market rates are 48% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Must be an employee of the Allegany County Board of Education, Allegany College of Maryland or Allegany County Teachers' Association. Students attending School in the Allegany County School System and at Allegany College of Maryland are also eligible.
See current membership details
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6679 |
| Year Chartered | 1950 |
| Employees | 31 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.16% |
| Return on Equity - YTD | -1.53% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $106.3MM$103.5MM |
| Loans | Q2 2017vs Q2 2016 | $71.1MM$67.0MM |
| Deposits | Q2 2017vs Q2 2016 | $95.0MM$92.4MM |
| Equity Capital | Q2 2017vs Q2 2016 | $11.1MM$10.9MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $330.00K$357.00K |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $262.00K$484.00K |
| Real Estate Owned | Q2 2017vs Q2 2016 | $41.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not ACT 1st Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
ACT 1st Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.36% | - | - | IRA | |
| 0.30% | - | - | Christmas Club Account | |
| 0.30% | - | - | Summer Savings Account | |
| 0.30% | - | - | Vacation Club Account | |
| 0.25% | - | - | Regular Shares |
ACT 1st Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.65%* | $75k* | - | Money Market Account | ||
| OTHER TIERS: 0.30% → $2,500 - $20k | 0.40% → $20k - $50k | 0.50% → $50k - $75k | |||||
ACT 1st Federal Credit Union CD Rates
| ACT 1st Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 14316 National Hwy SW | LaVale, MD 21502 |
| Branch Office | 11905 Messick Rd SE | Cumberland, MD 21502-8714 |
| Branch Office | 204 S Lee St | Cumberland, MD 21502 |