Overview / Commentary
910-222-1500
2917 Village Dr
Fayetteville, NC 28304-3814

Bragg Mutual Federal Credit Union is headquartered in Fayetteville and is the 30th largest credit union in the state of North Carolina. It is also the 2,106th largest credit union in the nation. It was established in 1952 and as of June of 2018, it had grown to 25 employees and 9,925 members at 3 locations. Bragg Mutual Federal Credit Union has an A health rating.

Field of Membership Restrictions

Must be employed by one of the occupational or association group that has been approved by the National Credit Union Administration.
See current membership details

Reviews (1)

Mis-Mangement Of Funds

Posted by: Anonymous | Dec 29, 2010

My cousin has had some problems with his money in this bank. His money seemed to always go missing from his account without explanation. Upon inquiring to what happened to it, he could never get a clear answer as to what the problem was.

It started out being small amounts, and grew into large amounts. He has since stopped banking with this institution. IF YOU HAVE MONEY IN THIS BANK -- YOU NEED TO CHECK YOUR BANK STATEMENTS -- VERY CAREFULLY.



Health
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. Bragg Mutual Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #7955
Year Chartered1952
Employees25
Primary Regulator
Profit Margin
Return on Assets - YTD1.37%
Return on Equity - YTD10.66%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$62.1MM$53.9MM
LoansQ2 2018vs Q2 2017$37.7MM$32.7MM
DepositsQ2 2018vs Q2 2017$53.7MM$46.6MM
Equity CapitalQ2 2018vs Q2 2017$7.8MM$6.9MM
Loan Loss AllowanceQ2 2018vs Q2 2017$426.00K$486.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$306.00K$43.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates

Rates for Bragg Mutual Federal Credit Union are currently being reviewed.

Locations


Bragg Mutual Federal Credit Union Locations
Branch Office2917 Village DrFayetteville, NC 28304-3814
Branch Office201 Hay St Ste 101CFayetteville, NC 28301-5581
Branch Office219 N Main StSpring Lake, NC 28390

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.