Electrical Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.15% | 1-year CD | |
| 0.10% | Savings | 2.20% - Barclays Online Savings Account |
| 1.96% | 4-year CD | 2.80% - Discover Bank 4 Year CD |
Electrical Federal Credit Union is headquartered in Arvada and is the 47th largest credit union in the state of Colorado. It is also the 2,546th largest credit union in the nation. It was established in 1953 and as of December of 2018, it had grown to 9 employees and 4,145 members at 1 location. Electrical Federal Credit Union's money market rates are 3X the national average, and it has a B health rating.
Field of Membership Restrictions
Electrical Federal Credit Union serves those who are affliated with several Colorado Labor Unions; including International Brotherhood of Electrical Workers Local 68 and 111, Carpenters Local 55, Office & Professional Employees International Union Local 30, as well as, any labor union affiliated with either the Colorado AFL-CIO or the Denver Area Labor Federation.
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8701 |
| Year Chartered | 1953 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.88% |
| Return on Equity - YTD | 9.39% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $40.0MM$37.2MM |
| Loans | Q4 2018vs Q4 2017 | $20.6MM$19.6MM |
| Deposits | Q4 2018vs Q4 2017 | $36.1MM$33.6MM |
| Equity Capital | Q4 2018vs Q4 2017 | $3.7MM$3.4MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $260.00K$200.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $599.00K$547.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Electrical 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.
Electrical Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | - | - | IRA Share/Savings | |
| 0.10% | $25 | - | Share/Savings | |
| 0.10% | - | - | Christmas Club | |
| 0.10% | - | - | Special Shares | |
| 0.10% | - | - | Christmas Club Restricted |
Electrical Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.10%* | $100k* | - | Money Market | ||
| OTHER TIERS: 0.30% → $1k - $10k | 0.40% → $10k - $25k | 0.45% → $25k - $75k | 0.55% → $75k - $100k | |||||
Electrical Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.96% | $1k | - | 48 Month CD | |
| 1.66% | $1k | - | 36 Month CD | |
| 1.35% | $1k | - | 24 Month CD | |
| 1.15% | $1k | - | 12 Month CD | |
| 0.75% | $1k | - | 6 Month CD |
Electrical Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.96% | $1k | - | 48 Month IRA | ||
| 1.66% | $1k | - | 36 Month IRA | ||
| 1.35% | $1k | - | 24 Month IRA | ||
| 1.15% | $1k | - | 12 Month IRA | ||
| 0.80%* | $1k* | - | 6 Month IRA | ||
| OTHER TIERS: 0.75% → $500 - $1k | |||||
| Electrical Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 5080 W 60th Ave | Arvada, CO 80003-6919 |