Featured Savings Rates
Featured Accounts

IBEW 116 Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.35%1-year CD12 Month Share Certificate
0.35%SavingsShare Savings Account
0.40%2-year CD24 Month Share Certificate

Overview / Commentary
817-335-3658
603 S ADAMS ST STE 10A
FORT WORTH, TX 76104-3023

IBEW 116 Federal Credit Union is headquartered in FORT WORTH and is the 419th largest credit union in the state of Texas. It is also the 5,067th largest credit union in the nation. It was established in 1969 and as of June of 2016, it had grown to 2 employees and 894 members at 1 location. IBEW 116 Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership in IBEW 116 Credit Union is open to members of IBEW Local Union 20, IBEW Local Union 220, and Plumbers and Steamfitters Local Union No 146.
See current membership details

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Health
C+
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. IBEW 116 Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #19393
Year Chartered1969
Employees2
Primary Regulator
Profit Margin
Return on Assets - YTD0.1%
Return on Equity - YTD1.13%
Annual Interest Income$81.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$4.2MM$4.0MM
LoansQ2 2016vs Q2 2015$1.9MM$1.7MM
DepositsQ2 2016vs Q2 2015$3.8MM$3.7MM
Equity CapitalQ2 2016vs Q2 2015$353.00K$350.00K
Loan Loss AllowanceQ2 2016vs Q2 2015$6.00K$2.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$15.00K$1,000
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

IBEW 116 Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.91%*$90k*-IRA Share Account
OTHER TIERS: 0.25% $25 - $20k | 0.40% $20k - $50k | 0.66% $50k - $90k
0.35%*$50k*-Share Savings Account
OTHER TIERS: 0.10% $100 - $2,500 | 0.15% $2,500 - $20k | 0.20% $20k - $50k
0.10%$500-Vacation Shares Account

IBEW 116 Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$500-Share Draft Account

IBEW 116 Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%$1k-24 Month Share Certificate
0.35%$1k-12 Month Share Certificate
0.25%$1k-6 Month Share Certificate

IBEW 116 Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%$1k-24 Month IRA Certificate
0.35%$1k-12 Month IRA Certificate
0.25%$1k-6 Month IRA Certificate
Locations


IBEW 116 Federal Credit Union Locations
Branch Office603 S ADAMS ST STE 10AFORT WORTH, TX 76104-3023