Featured Savings Rates
Featured Accounts

AllyFed

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.50%1-year CD12 Month Share Certificate
0.05%SavingsRegular Share Account
0.75%3-year CD36 Month Share Certificate

Overview / Commentary
800-822-9991
2320 N Dupont Highway
New Castle, DE 19720

AllyFed is headquartered in New Castle and is the 11th largest credit union in the state of Delaware. It is also the 3,304th largest credit union in the nation. It was established in 1963 and as of June of 2016, it had grown to 6 employees and 4,020 members at 1 location. AllyFed's savings rates are 2X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school, do business or worship in Wilmington, New Castle, Newark, Elsmere, Newport, Christiana, Stanton, or Bear. Membership is also open to students and employees of Delaware Technical Community College, University of Delaware and Wilmington University.
See current membership details

Reviews (1)

Lots Of Restrictions

I just called this credit union. This is not a place to put money if you are looking to earn interest on your money. You can only deposit $50 a month and once it reaches $1000 it is transferred to a regular savings account. This type of savings account was set up by the state to encourage people to save for purchasing big ticket items they told me.



Health
B
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. AllyFed has a low asset base.

Health Grade Components

Overall
NCUA #15790
Year Chartered1963
Employees6
Primary Regulator
Profit Margin
Return on Assets - YTD0.12%
Return on Equity - YTD0.86%
Annual Interest Income$318.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$22.4MM$21.0MM
LoansQ2 2016vs Q2 2015$7.5MM$7.5MM
DepositsQ2 2016vs Q2 2015$19.0MM$17.9MM
Equity CapitalQ2 2016vs Q2 2015$3.0MM$3.0MM
Loan Loss AllowanceQ2 2016vs Q2 2015$227.00K$219.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$297.00K$289.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not AllyFed; 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.

AllyFed Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.05%--First State Saves
0.25%--IRA Savings Account
0.25%--Roth IRA Savings Account
0.25%--CESA Account
0.05%$100-Regular Share Account

AllyFed Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%--Money Market Account

AllyFed CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$10k*-36 Month Share Certificate
OTHER TIERS: 0.60% $500 - $10k
0.60%*$10k*-24 Month Share Certificate
OTHER TIERS: 0.50% $500 - $10k
0.50%*$10k*-12 Month Share Certificate
OTHER TIERS: 0.35% $500 - $10k
0.25%$500-6 Month Share Certificate

AllyFed IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$10k*-36 Month IRA Share Certificate
OTHER TIERS: 0.60% $500 - $10k
0.60%*$10k*-24 Month IRA Share Certificate
OTHER TIERS: 0.50% $500 - $10k
0.50%*$10k*-12 Month IRA Share Certificate
OTHER TIERS: 0.35% $500 - $10k
0.25%$500-6 Month IRA Share Certificate
Locations


AllyFed Locations
Branch Office2320 N Dupont HwyNew Castle, DE 19720-6327