Clinchfield Federal Credit Union

Overview / Commentary

www.clinchfieldcu.com

423-743-9192

1038 N Main Ave
Erwin, TN 37650

Clinchfield Federal Credit Union is headquartered in Erwin and is the 39^th largest credit union in the state of Tennessee. It is also the 1,775^th largest credit union in the nation. It was established in 1947 and as of December of 2019, it had grown to 21 employees and 6,124 members at 1 location. Clinchfield Federal Credit Union has an A health rating.

Field of Membership Restrictions

Clinchfield Federal Credit Union offers membership to those who attend school, work, worship, operate a business or live in Unicoi County, Carter or Johnson Counties, and parts of Washington County in Tennessee, select areas of Madison or Mitchell Counties in North Carolina; and employees and retirees of Select Employee Groups and family of CFCU members are eligible.
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Health

Data as of Q4 2019

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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. Clinchfield Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	5549
Year Chartered	1947
Employees	21
Primary Regulator

Profit Margin
Return on Assets - YTD	0.67%
Return on Equity - YTD	4.79%
Annual Interest Income	$3.3MM

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$85.9MM$82.3MM
Loans	Q4 2019vs Q4 2018	$54.8MM$53.1MM
Deposits	Q4 2019vs Q4 2018	$73.8MM$71.0MM
Equity Capital	Q4 2019vs Q4 2018	$11.9MM$11.1MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$327.00K$320.00K
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$779.00K$886.00K
Real Estate Owned	Q4 2019vs Q4 2018	$0$102.00K

Rates

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Savings
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Clinchfield 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.

Clinchfield Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%^*	$100k^*	-	Regular Share Savings Account
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $25k \| 0.20% → $25k - $50k \| 0.25% → $50k - $100k
0.30%^*	$100k^*	-	Christmas Club Account
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $25k \| 0.20% → $25k - $50k \| 0.25% → $50k - $100k

Clinchfield Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%	$1k	$50k	60 Month CD
0.80%	$1k	$50k	48 Month CD
0.70%	$1k	$50k	36 Month CD
0.60%	$1k	$50k	24 Month CD
0.55%	$1k	$50k	18 Month CD
0.50%	$1k	$50k	12 Month CD
0.35%	$1k	$50k	6 Month CD
0.30%	$1k	$50k	3 Month CD

Clinchfield Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%	$1k	$50k	60 Month IRA
0.80%	$1k	$50k	48 Month IRA
0.70%	$1k	$50k	36 Month IRA
0.60%	$1k	$50k	24 Month IRA
0.55%	$1k	$50k	18 Month IRA
0.50%	$1k	$50k	12 Month IRA
0.35%	$1k	$50k	6 Month IRA
0.30%	$1k	$50k	3 Month IRA

Locations

Clinchfield Federal Credit Union Locations
Branch Office	1038 N Main Ave	Erwin, TN 37650

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