Communication Federal Credit Union is headquartered in Oklahoma City and is the 3rd largest credit union in the state of Oklahoma. It is also the 231st largest credit union in the nation. It was established in 1939 and as of September of 2024, it had grown to 279 employees and 126,321 members at 23 locations. Communication Federal Credit Union's money market rates are 6X the national average, and it has an A health rating.
Membership in Communication Federal Credit Union is open to anyone who lives in Oklahoma or Kansas by joining the Oklahomans for Energy and Jobs/Natural Resources Education Foundation ($5 one-time membership fee). Membership is also open to those who live, work, or worship in Carter or Pottawatomie Counties or within Broken Arrow, Oklahoma. Employees and retirees of more than 500 Select Employer Groups, including Oklahoma Natural Gas, Kansas Gas, and several IBEW Locals, also qualify.
See current membership details
They have very good rates on CDs and the banking app is easy to use. The staff at my branch are friendly but the lobby can get very busy.
Overall | |
---|---|
NCUA # | 3454 |
Year Chartered | 1939 |
Employees | 279 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.99% |
Return on Equity - YTD | 8.4% |
Annual Interest Income | $93.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2024vs Q3 2023 | $2.14B$2.01B |
Loans | Q3 2024vs Q3 2023 | $1.64B$1.58B |
Deposits | Q3 2024vs Q3 2023 | $1.83B$1.72B |
Equity Capital | Q3 2024vs Q3 2023 | $251.3MM$219.8MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $19.6MM$20.1MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $19.6MM$11.9MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $30K$159K |
Always verify rates and promotions with the bank or credit union. We are not Communication 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
5.00%* | $0 | $30k | Performance Checking | ||
OTHER TIERS: 0.10% → $30k+ | |||||
0.10% | $0 | - | Share Draft |