Bragg Mutual Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.18% | 1-year CD | 10 Month Share Certificate 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.05% | Savings | Special Use Savings |
| 1.58% | 3-year CD | 36 Month Share Certificate 1.60% - Ally Bank High Yield 3 Year CD |
Bragg Mutual Federal Credit Union is headquartered in Fayetteville and is the 32nd largest credit union in the state of North Carolina. It is also the 2,260th largest credit union in the nation. It was established in 1952 and as of June of 2017, it had grown to 25 employees and 10,252 members at 3 locations. Bragg Mutual Federal Credit Union's savings rates are 3X the national average, and it 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
Mis-Mangement Of Funds
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.
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7955 |
| Year Chartered | 1952 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.76% |
| Return on Equity - YTD | 13.75% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $53.9MM$49.9MM |
| Loans | Q2 2017vs Q2 2016 | $32.7MM$21.9MM |
| Deposits | Q2 2017vs Q2 2016 | $46.6MM$43.5MM |
| Equity Capital | Q2 2017vs Q2 2016 | $6.9MM$6.0MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $486.00K$659.00K |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $43.00K$81.00K |
| Real Estate Owned | Q2 2017vs Q2 2016 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Bragg Mutual Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Bragg Mutual Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.43% | $10k | - | Share Plus Premium | |
| 0.92% | $2,500 | - | Share Plus | |
| 0.10% | $300 | - | Master Share | |
| 0.10% | $300 | - | IRA Savings | |
| 0.05% | $100 | - | Special Use Savings |
Bragg Mutual Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.58% | $1k | - | 36 Month Share Certificate | |
| 1.43% | $1k | - | 24 Month Share Certificate | |
| 1.28% | $1k | - | 12 Month Share Certificate | |
| 1.18% | $1k | - | 10 Month Share Certificate | |
| 1.18% | $1k | - | 6 Month Share Certificate |
| Bragg Mutual Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 2917 Village Dr | Fayetteville, NC 28304-3814 |
| Branch Office | 201 Hay St Ste 101C | Fayetteville, NC 28301-5581 |
| Branch Office | 219 N Main St | Spring Lake, NC 28390 |