Featured Savings Rates
Featured Accounts
Overview / Commentary
2308 18TH ST
HONDO, TX 78861-1530

M E C O Federal Credit Union is headquartered in HONDO and is the 396th largest credit union in the state of Texas. It is also the 4,797th largest credit union in the nation. It was established in 1960 and as of June of 2016, it had grown to 1 employees and 920 members at 1 location. M E C O Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in MECO Federal Credit Union is open to employees or directors of Medina Electric Cooperative.
See current membership details


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

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. M E C O Federal Credit Union has a very low asset base.

Health Grade Components

NCUA #13644
Year Chartered1960
Primary Regulator
Profit Margin
Return on Assets - YTD0.81%
Return on Equity - YTD4.9%
Annual Interest Income$101.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$5.7MM$5.4MM
LoansQ2 2016vs Q2 2015$3.0MM$3.3MM
DepositsQ2 2016vs Q2 2015$4.7MM$4.5MM
Equity CapitalQ2 2016vs Q2 2015$939.00K$896.00K
Loan Loss AllowanceQ2 2016vs Q2 2015$8.00K$11.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$4.00K$2.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not M E C O Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

M E C O Federal Credit Union Savings Account Rates

0.10%$25-Share Savings Account

M E C O Federal Credit Union CD Rates

0.40%$1k-1 Year Share Certificate
0.10%$1k-180 Day Share Certificate

M E C O Federal Credit Union Locations
Branch Office2308 18TH STHONDO, TX 78861-1530