Bragg Mutual Federal Credit Union
Bragg Mutual Federal Credit Union is headquartered in Fayetteville and is the 34th largest credit union in the state of North Carolina. It is also the 2,320th largest credit union in the nation. It was established in 1952 and as of June of 2016, it had grown to 20 employees and 10,144 members at 2 locations. Bragg Mutual Federal Credit Union has a B+ 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 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7955 |
| Year Chartered | 1952 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.07% |
| Return on Equity - YTD | 0.6% |
| Annual Interest Income | $726.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $49.9MM$48.5MM |
| Loans | Q2 2016vs Q2 2015 | $21.9MM$14.1MM |
| Deposits | Q2 2016vs Q2 2015 | $43.5MM$42.2MM |
| Equity Capital | Q2 2016vs Q2 2015 | $6.0MM$5.8MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $659.00K$587.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $81.00K$158.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
Sorry, we do not have rate data for Bragg Mutual Federal Credit Union.
| 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 |