McCoy Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.31% | 5-year CD | |
| 0.95% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.10% | Savings | 2.00% - Ally Bank Online Savings Account |
McCoy Federal Credit Union is headquartered in Orlando and is the 28th largest credit union in the state of Florida. It is also the 493rd largest credit union in the nation. It was established in 1954 and as of September of 2018, it had grown to 229 employees and 65,456 members at 15 locations. McCoy Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer or attend school in Orange, Osceola, Seminole or Lake Counties in Florida. Members of the immediate family or household; and organizations of those eligible and businesses and its employees located in Orange, Osceola, Seminole or Lake Counties are also eligible for membership.
See current membership details
Good all around experience.
I banked with McCoy Federal Credit Union for many years. They are as good, if not better than other places I have banked. They have no minimum balance, and have no charge for basic services. The interest rates, and services are on par with other institutions of their kind. The employees were always friendly and helpful. I have several friends who have banked here as well, and all of them have been happy, and have had no real problems.
McCoy FCU is nice
Since moving to the Orlando area more than 35 year ago, my wife and I opened our checking accounts with the credit union affiliated with the hospital that she works at. Since that time, we have had numerous checking accounts and savings accounts. They have been an excellent financial institution for all of our financial needs. The online services completely meet our needs and expectations and the customer service both at the locations and on the phone has been very helpful and knowledgeable. We have had numerous large and complex transactions involving settling of a personal estate that required the assistance of a branch manager that was very helpful and knowledgeable. If I was was to share once improvement it would be the number of branches are a bit limited and I would like to have one closer to where we live, but this has not been a major problem. Overall we have been very satisfied with McCoy Federal Credit Union.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9915 |
| Year Chartered | 1954 |
| Employees | 229 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.78% |
| Return on Equity - YTD | 9.33% |
| Annual Interest Income | $14.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $579.2MM$568.9MM |
| Loans | Q3 2018vs Q3 2017 | $346.3MM$326.5MM |
| Deposits | Q3 2018vs Q3 2017 | $519.7MM$511.2MM |
| Equity Capital | Q3 2018vs Q3 2017 | $48.8MM$49.9MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $5.4MM$5.0MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $1.7MM$2.1MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not McCoy 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.
McCoy Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.35% | - | - | IRA Account | |
| 0.20% | $1k | - | Health Savings Account | |
| 0.10% | $50 | - | Savings Account |
McCoy Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.20% | $1k | - | Money Market Share Account (MMSA) |
McCoy Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.20% | $1k | - | Total Business Dividend Checking |
McCoy Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.31%* | $100k* | - | 60 Months CD | ||
| OTHER TIERS: 0.85% → $1k - $5k | 1.00% → $5k - $25k | 1.16% → $25k - $100k | |||||
| 1.21%* | $100k* | - | 36 Months CD | ||
| OTHER TIERS: 0.75% → $1k - $5k | 0.90% → $5k - $25k | 1.06% → $25k - $100k | |||||
| 1.06%* | $100k* | - | 30 Months CD | ||
| OTHER TIERS: 0.60% → $1k - $5k | 0.75% → $5k - $25k | 0.90% → $25k - $100k | |||||
| 1.00%* | $100k* | - | 24 Months CD | ||
| OTHER TIERS: 0.55% → $1k - $5k | 0.70% → $5k - $25k | 0.85% → $25k - $100k | |||||
| 0.95%* | $100k* | - | 12 Months CD | ||
| OTHER TIERS: 0.50% → $1k - $5k | 0.65% → $5k - $25k | 0.80% → $25k - $100k | |||||
| 0.90%* | $100k* | - | 6 Months CD | ||
| OTHER TIERS: 0.45% → $1k - $5k | 0.60% → $5k - $25k | 0.75% → $25k - $100k | |||||
