Desco Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.87%	5-year CD	60 Month Share Certificate 1.85% - Synchrony Bank 60 Month CD
0.45%	1-year CD	12 Month Share Certificate 1.05% - Ally Bank High Yield 12-Month CD
0.15%	Savings	Savings Account 1.00% - Ally Bank Online Savings Account

View all Desco Federal Credit Union rates »

Overview / Commentary

www.descofcu.org

740-354-7791

401 Chillicothe St
Portsmouth, OH 45662

Desco Federal Credit Union is headquartered in Portsmouth and is the 21^st largest credit union in the state of Ohio. It is also the 782^nd largest credit union in the nation. It was established in 1963 and as of June of 2016, it had grown to 98 employees and 22,969 members at 8 locations. Desco Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to residents of Scioto and Lawrence County in Ohio, Boyd County in Kentucky, and Cabell and Wayne in West Virginia.
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Health

A

Data as of Q2 2016

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Health Grade Components

Overall
NCUA #	15882
Year Chartered	1963
Employees	98
Primary Regulator

Profit Margin
Return on Assets - YTD	0.43%
Return on Equity - YTD	4.5%
Annual Interest Income	$4.6MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$283.3MM$270.6MM
Loans	Q2 2016vs Q2 2015	$168.8MM$161.4MM
Deposits	Q2 2016vs Q2 2015	$254.3MM$242.6MM
Equity Capital	Q2 2016vs Q2 2015	$26.7MM$25.6MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$1.2MM$1.3MM
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$1.4MM$2.2MM
Real Estate Owned	Q2 2016vs Q2 2015	$320.00K$913.00K

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Desco Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	-	-	Health Savings Account
0.15%	$50	-	Savings Account

Desco Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.30%^*	$25k^*	-	Checking Account
OTHER TIERS: 0.05% → $1k - $5k \| 0.10% → $5k - $10k \| 0.15% → $10k - $25k

Desco Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.87%	$500	$25k	60 Month Share Certificate
1.61%	$500	$25k	48 Month Share Certificate
1.01%	$500	$25k	36 Month Share Certificate
0.80%	$500	$25k	30 Month Share Certificate
0.65%	$500	$25k	24 Month Share Certificate
0.50%	$500	$25k	18 Month Share Certificate
0.45%	$2,500	$25k	12 Month Share Certificate
0.30%	$2,500	$25k	6 Month Share Certificate
0.25%	$2,500	$25k	91 Day Share Certificate
0.20%	$2,500	$25k	31 Day Share Certificate

Locations

Desco Federal Credit Union Locations
Branch Office	455 Armco Rd	Ashland, KY 41101
Branch Office	221 Vine St	New Boston, OH 45662
Branch Office	575 West St	Minford, OH 45653
Branch Office	8790 Ohio River Rd	Wheelersburg, OH 45694
Branch Office	414 Washington St	Portsmouth, OH 45662
Branch Office	401 Chillicothe St	Portsmouth, OH 45662
Branch Office	2915 S 3rd St	Ironton, OH 45638
Branch Office	1438 6th Ave	Huntington, WV 25701-2421