BP Federal Credit Union is headquartered in Houston and is the 116th largest credit union in the state of Texas. It is also the 1,443rd largest credit union in the nation. It was established in 1937 and as of June of 2019, it had grown to 18 employees and 7,091 members at 3 locations. BP Federal Credit Union's CD rates are 3X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to employees, retirees, and contractors of BP, and employees of select companies.
See current membership details
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24445 |
| Year Chartered | 1937 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 7.82% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $123.9MM$133.3MM |
| Loans | Q2 2019vs Q2 2018 | $90.2MM$89.1MM |
| Deposits | Q2 2019vs Q2 2018 | $110.4MM$121.4MM |
| Equity Capital | Q2 2019vs Q2 2018 | $13.2MM$11.3MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $293.00K$310.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $106.00K$194.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not BP 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.
BP Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.20% | $100 | - | Share Savings Account |
BP Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.40%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.25% → $1k - $25k | 0.30% → $25k - $50k | 0.35% → $50k - $100k | |||||
BP Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.08% | - | - | Interest Bearing Checking |
BP Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.04% | $1k | - | 5 Years CD | |
| 2.89% | $1k | - | 4 Years CD | |
| 2.78% | $1k | - | 3 Years CD | |
| 2.53% | $1k | - | 2 Years CD | |
| 2.27% | $1k | - | 1 Year CD | |
| 2.17% | $1k | - | 9 Month CD | |
| 2.01% | $1k | - | 6 Months CD |
| BP Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 580 Westlake Park Blvd Ste 150 | Houston, TX 77079-2688 |
| Branch Office | 501 Westlake Park Blvd Room 1.200 | Houston, TX 77079 |
| Branch Office | 201 Helios Way Suite 1.405 | Houston, TX 77079 |