Electrical Federal Credit Union

Overview / Commentary

www.electricalfcu.org

303-428-5080

5080 W 60th Ave
Arvada, CO 80003-6919

Electrical Federal Credit Union is headquartered in Arvada and is the 47^th largest credit union in the state of Colorado. It is also the 2,546^th largest credit union in the nation. It was established in 1953 and as of March of 2019, 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

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q1 2019

Learn why bank health matters

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. Electrical Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	8701
Year Chartered	1953
Employees	9
Primary Regulator

Profit Margin
Return on Assets - YTD	1.21%
Return on Equity - YTD	12.71%
Annual Interest Income	$398.00K

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$40.7MM$39.0MM
Loans	Q1 2019vs Q1 2018	$20.4MM$19.5MM
Deposits	Q1 2019vs Q1 2018	$36.7MM$35.4MM
Equity Capital	Q1 2019vs Q1 2018	$3.8MM$3.4MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$256.00K$219.00K
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$568.00K$554.00K
Real Estate Owned	Q1 2019vs Q1 2018	$0$0

Rates

Skip to rates for:

Savings
Money Market
CD
IRA

Report an Issue

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
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
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
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

Locations

Electrical Federal Credit Union Locations
Branch Office	5080 W 60th Ave	Arvada, CO 80003-6919

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.