Cy-Fair Federal Credit Union


Overview / Commentary
281-571-5000
9601 Jones Rd Suite 100
Houston, TX 77065

Cy-Fair Federal Credit Union is headquartered in Houston and is the 74th largest credit union in the state of Texas. It is also the 908th largest credit union in the nation. It was established in 1956 and as of March of 2021, it had grown to 65 employees and 23,984 members at 4 locations. Cy-Fair Federal Credit Union has an A health rating.

Field of Membership Restrictions

Cy Fair Federal Credit Union is open to those who live, work, worship or attend school in Harris County (TX) or the following zip codes of Waller County (TX): 77423, 77484, 77445, 77447, 77446. Immediate family of current credit union members are also eligible.
See current membership details

Reviews (1)

The Worst!!!!!

I am currently in the process of closing my account with Cy fair credit union. I initiallly joined the credit union to build my credit to eventily purchase a home. Well,let's start with the $7 maintenence fee that I pay once a month,I wouldn't mind paying it,if there were perks associated with it,but there are none! Recently,the credit union offered a new service to deposit checks by taking a picture of them. When I appli for it,I was denied because of too many courtesy pay fees. Yes,I did have a total of 3 within a 6 month period,but none were my fault,and they were refunded to me,but I was still denied the privilege of using the service! Next,the credit union switched card providers(that is the way it was explained to me by a teller) this caused my card to decline at several places when I tried to use it. The teller told me to call them next time it declined,but the bank closes at 6 during the week,and 1 on Saturdays,so anytime after that,you're on your own! Talk about embarrassing!!! My card declined while I was out having dinner with co workers,embarassed would be an understatement to describe how I felt! To add fuel to the fire,Sunday I had to pay someone in cash,so I went by the credit union to use the ATM,so that I could avoid the fee of using another ATM,the atm gave me an error code. I ultimately had to use another ATM and pay a $3 fee! Do not bank with cyfair credit union unless you enjoy shenanigans like these!!!!!



Health

Health Grade Components

Overall
NCUA #11452
Year Chartered1956
Employees65
Primary Regulator
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD3.7%
Annual Interest Income$2.3MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$327.8MM$283.0MM
LoansQ1 2021vs Q1 2020$190.9MM$211.6MM
DepositsQ1 2021vs Q1 2020$300.9MM$256.9MM
Equity CapitalQ1 2021vs Q1 2020$24.8MM$24.1MM
Loan Loss AllowanceQ1 2021vs Q1 2020$1.5MM$1.6MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$420.00K$1.3MM
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Cy-Fair 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.

Cy-Fair Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.02%$50-Christmas Club Savings
0.02%$1k-Regular Savings
0.02%$25-SuperStar Savers Kid's Club+
0.02%$1k-IRA Savings
0.02%$1k-Secondary Savings+
0.02%$1k-Secured Credit Card Savings

Cy-Fair Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$25k*-Business Money Market
OTHER TIERS: 0.05% $1k - $10k | 0.10% $10k - $25k
0.05%$1k-Money Market

Cy-Fair Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*-$25kZ-Checking
OTHER TIERS: 0.05% $25k+
0.15%*-$30kBusiness Premier Checking
OTHER TIERS: 0.05% $30k+
0.02%$2k-Advantage Plus Checking

Cy-Fair Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$2.5k-36 Month Share Certificate
0.20%$2.5k-48 Month Share Certificate
0.20%$2.5k-60 Month Share Certificate
0.12%$2.5k-24 Month Share Certificate
0.10%$2.5k-12 Month Share Certificate
0.08%*$25k*-6 Month Share Certificate
OTHER TIERS: 0.05% $2.5k - $25k

Cy-Fair Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$2.5k-36 Month IRA Certificate
0.20%$2.5k-48 Month IRA Certificate
0.20%$2.5k-60 Month IRA Certificate
0.12%$2.5k-24 Month IRA Certificate
0.10%$2.5k-12 Month IRA Certificate
0.08%*$25k*-6 Month IRA Certificate
OTHER TIERS: 0.05% $2.5k - $25k
Locations


Cy-Fair Federal Credit Union Locations
Branch Office9601 Jones RdHouston, TX 77065
Branch Office13525 Skinner RdCypress, TX 77429
Branch Office7060 Highway 6 NHouston, TX 77095-2056
Branch Office9915 Barker Cypress Rd Suite 160Cypress, TX 77433

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