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 1,795^th largest credit union in the nation. It was established in 1947 and as of December of 2018, it had grown to 21 employees and 6,150 members at 1 location. Clinchfield Federal Credit Union's CD rates are 46% higher than the national average, and it has a B+ 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

B+

Data as of Q4 2018

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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	0.8%
Return on Equity - YTD	5.93%
Annual Interest Income	$3.1MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$82.3MM$83.2MM
Loans	Q4 2018vs Q4 2017	$53.1MM$51.3MM
Deposits	Q4 2018vs Q4 2017	$71.0MM$72.6MM
Equity Capital	Q4 2018vs Q4 2017	$11.1MM$10.5MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$320.00K$303.00K
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$886.00K$728.00K
Real Estate Owned	Q4 2018vs Q4 2017	$102.00K$0

Rates

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Savings
CD
IRA

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* 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%^*	$15k^*	-	Regular Share Savings Account
OTHER TIERS: 0.15% → $250 - $1k \| 0.20% → $1k - $5k \| 0.25% → $5k - $15k
0.30%^*	$15k^*	-	Christmas Club Account
OTHER TIERS: 0.15% → $250 - $1k \| 0.20% → $1k - $5k \| 0.25% → $5k - $15k

Clinchfield Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.22%^*	$50k^*	-	60 Month CD
OTHER TIERS: 2.12% → $1k - $50k
1.92%^*	$50k^*	-	48 Month CD
OTHER TIERS: 1.82% → $1k - $50k
1.82%^*	$50k^*	-	36 Month CD
OTHER TIERS: 1.72% → $1k - $50k
1.61%^*	$50k^*	-	24 Month CD
OTHER TIERS: 1.51% → $1k - $50k
1.31%^*	$50k^*	-	12 Month CD
OTHER TIERS: 1.21% → $1k - $50k
1.31%^*	$50k^*	-	18 Month CD
OTHER TIERS: 1.21% → $1k - $50k
0.70%^*	$50k^*	-	6 Month CD
OTHER TIERS: 0.60% → $1k - $50k
0.60%^*	$50k^*	-	3 Month CD
OTHER TIERS: 0.50% → $1k - $50k

Clinchfield Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.22%^*	$50k^*	-	60 Month IRA
OTHER TIERS: 2.12% → $1k - $50k
1.92%^*	$50k^*	-	48 Month IRA
OTHER TIERS: 1.82% → $1k - $50k
1.82%^*	$50k^*	-	36 Month IRA
OTHER TIERS: 1.72% → $1k - $50k
1.61%^*	$50k^*	-	24 Month IRA
OTHER TIERS: 1.51% → $1k - $50k
1.31%^*	$50k^*	-	12 Month IRA
OTHER TIERS: 1.21% → $1k - $50k
1.31%^*	$50k^*	-	18 Month IRA
OTHER TIERS: 1.21% → $1k - $50k
0.70%^*	$50k^*	-	6 Month IRA
OTHER TIERS: 0.60% → $1k - $50k
0.60%^*	$50k^*	-	3 Month IRA
OTHER TIERS: 0.50% → $1k - $50k

Locations

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

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