Americo Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.33% | 5-year CD | |
| 1.25% | 1-year CD | |
| 0.10% | Savings | 2.20% - Barclays Online Savings Account |
Americo Federal Credit Union is headquartered in Erie and is the 84th largest credit union in the state of Pennsylvania. It is also the 1,882nd largest credit union in the nation. It was established in 1959 and as of December of 2018, it had grown to 19 employees and 9,055 members at 2 locations. Americo Federal Credit Union's money market rates are 59% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to employees of members of the Select Employer Group which include several area school districts and townships.
See current membership details
Three Decades at Americo
Since the 1980s I have had an account at Americo Federal Credit Union in Erie, PA. The great news is the stability it has offered coupled with low or no fee banking. Every time I hear someone complain about the fees they pay with their bank for ATM use and check-writing, I smile inwardly, knowing I don't have such complications in my financial world. The only drawback is sometimes the customer service is lacking in warmth, but other times it's adequate. Online banking-wise, though, Americo is excellent and I've been managing my accounts on the internet for about 10 years. I can see deposits before they go in, so I know what's coming, and I can also see what debits and checks are pending clearance. If you don't have a computer, they also offer a very nice toll-free phone banking service.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 12752 |
| Year Chartered | 1959 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.45% |
| Return on Equity - YTD | 4.06% |
| Annual Interest Income | $2.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $75.5MM$74.9MM |
| Loans | Q4 2018vs Q4 2017 | $32.5MM$36.8MM |
| Deposits | Q4 2018vs Q4 2017 | $66.8MM$66.6MM |
| Equity Capital | Q4 2018vs Q4 2017 | $8.4MM$8.1MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $164.00K$176.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $959.00K$910.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$21.00K |
Always verify rates and promotions with the bank or credit union. We are not Americo 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.
Americo Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | - | - | IRA Savings Account | |
| 0.10% | $5 | - | Share / Savings | |
| 0.10% | - | - | Club Account |
Americo Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.70%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.40% → $2.5k - $10k | 0.50% → $10k - $50k | 0.60% → $50k - $100k | |||||
Americo Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Share Draft / Checking |
Americo Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.40% | $500 | - | 48 Month Share Certificate | |
| 2.33% | $500 | - | 60 Month Share Certificate | |
| 1.97% | $500 | - | 36 Month Share Certificate | |
| 1.69% | $500 | - | 24 Month Share Certificate | |
| 1.46% | $500 | - | 18 Month Share Certificate | |
| 1.25% | $500 | - | 12 Month Share Certificate |
Americo Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.40% | $500 | - | 48 Month IRA Share Certificate | |
| 2.33% | $500 | - | 60 Month IRA Share Certificate | |
| 1.97% | $500 | - | 36 Month IRA Share Certificate | |
| 1.69% | $500 | - | 24 Month IRA Share Certificate | |
| 1.25% | $500 | - | 12 Month IRA Share Certificate |
| Americo Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 2627 W 23rd ST | Erie, PA 16506-2924 |
| Branch Office | 4101 Main St | Erie, PA 16511 |