Bragg Mutual Federal Credit Union
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
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 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7955 |
| Year Chartered | 1952 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.37% |
| Return on Equity - YTD | 10.66% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $62.1MM$53.9MM |
| Loans | Q2 2018vs Q2 2017 | $37.7MM$32.7MM |
| Deposits | Q2 2018vs Q2 2017 | $53.7MM$46.6MM |
| Equity Capital | Q2 2018vs Q2 2017 | $7.8MM$6.9MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $426.00K$486.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $306.00K$43.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Rates for Bragg Mutual Federal Credit Union are currently being reviewed.
| 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 |