Electrical Workers No 558 Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.ew558fcu.com

256-383-6551

1705 E 17th St
Sheffield, AL 35660

Electrical Workers No 558 Federal Credit Union is headquartered in Sheffield and is the 47^th largest credit union in the state of Alabama. It is also the 2,525^th largest credit union in the nation. It was established in 1958 and as of March of 2025, it had grown to 3 employees and 2,632 members at 1 location. Electrical Workers No 558 Federal Credit Union's CD rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to members of the International Brotherhood of Electrical Workers Local Union No. 558.
See current membership details

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Health

B+

Data as of Q1 2025

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 Workers No 558 Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	12478
Year Chartered	1958
Employees	3
Primary Regulator

Profit Margin
Return on Assets - YTD	2.27%
Return on Equity - YTD	12.32%
Annual Interest Income	$624K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$44.8MM$42.7MM
Loans	Q1 2025vs Q1 2024	$23.7MM$24.6MM
Deposits	Q1 2025vs Q1 2024	$36.4MM$35.2MM
Equity Capital	Q1 2025vs Q1 2024	$8.2MM$7.3MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$160K$126K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$8K$6K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Electrical Workers No 558 Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%	$25	-	Regular Shares Account

Electrical Workers No 558 Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.35%	$0	-	6 Month Certificate
3.30%	$0	-	12 Month Certificate
3.25%	$0	-	15 Month Certificate
3.00%	$0	-	18 Month Certificate
3.00%	$0	-	24 Month Certificate
2.75%	$0	-	60 Month Certificate
2.75%	$0	-	36 Months Certificate
2.75%	$0	-	48 Month Certificate

Locations

Electrical Workers No 558 Federal Credit Union Locations
Branch Office	1705 E 17th St	Sheffield, AL 35660-2517

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