Member One Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.55% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 2.06% | 4-year CD | 2.90% - Barclays 48 Month Online CD |
| 3.25% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
Member One Federal Credit Union is headquartered in Roanoke and is the 11th largest credit union in the state of Virginia. It is also the 305th largest credit union in the nation. It was established in 1940 and as of December of 2018, it had grown to 250 employees and 118,882 members at 13 locations. Member One Federal Credit Union's money market rates are 5X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Member One Federal Credit Union is open to those who live, work, worship or attend school in Franklin or Montgomery Counties or in Altavista, Radford, or Vinton, Virginia. Membership is also open to those who live, work, attend school or worship in select areas of Amherst, Bedford, Botetourt, Campbell, Forest, Lynchburg, Roanoke, or Salem, Viriginia or select areas of Pittsylvania County.
See current membership details
Related Posts
I love my Credit Union
I would never leave my credit union. The main objective of my credit union, like all others, is to support its customers rather than its stock holders. Credit Unions are smaller and more personal than a large bank. When I enter my Credit Union I know the employees by name and they know who I am as well. I have never been made to feel like a number when I call; instead I am treated as if I am the most important person that has contacted them all day. My credit union has given me the best rates when I bought a car, and was first in line to offer me an outstanding rate on my home improvement loan. I have one of the largest banks and despite the benefit of lowered rates on their services for being an employee as well as the country wide availability of ATMs and branches, they still couldn't meet the level of service or competitive rates offered by my local credit union.
Long Time Customer, Always Happy With Service
My wife and I have had a checking and savings account with MemberOne FCU for over a decade. They've never charged unreasonable fees and there are enough locations in our area that convenience is not a problem. The staff is always efficient whether you're visiting inside, going through the drive-thru, or banking online. Their online services allow you to keep track of your spending without keeping a written account. It also allows you to move money between accounts or pay your bills. Currently my paycheck is direct deposited into my MemberOne account. I also have a visa check/debit card from MemberOne so I rarely ever have to carry cash. If I need to check my balance I can do so over the phone or through my mobile browser in just a few minutes. Overall, I'm completely satisfied with MemberOne Credit Union.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4035 |
| Year Chartered | 1940 |
| Employees | 250 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.98% |
| Return on Equity - YTD | 10.39% |
| Annual Interest Income | $38.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.01B$930.6MM |
| Loans | Q4 2018vs Q4 2017 | $880.8MM$782.9MM |
| Deposits | Q4 2018vs Q4 2017 | $890.6MM$825.0MM |
| Equity Capital | Q4 2018vs Q4 2017 | $94.9MM$85.0MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $7.8MM$9.1MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $4.6MM$3.8MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $383.00K$430.00K |
Always verify rates and promotions with the bank or credit union. We are not Member One 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.
Member One Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | - | $500 | Super Squirrels Savings Account | ||
| OTHER TIERS: 0.20% → $2k+ | 0.40% → $500 - $2k | |||||
| 0.60%* | - | $500 | Generation One Savings Account | ||
| OTHER TIERS: 0.20% → $2k+ | 0.40% → $500 - $2k | |||||
| 0.30% | $50 | - | Variable Educational(Coverdell) IRA | ||
| 0.30% | $50 | - | Variable IRA Account | ||
| 0.30% | $50 | - | IRA Builder Account | ||
| 0.10% | $250 | - | Primary Membership Account | ||
| 0.10% | $100 | - | Other Savings Account | ||
| 0.10% | $100 | - | Vacation Club | ||
| 0.10% | $100 | - | Christmas Club | ||
| 0.10% | $100 | - | Teacher's Club | ||
Member One Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.10%* | $100k* | - | Choice Money Market | ||
| OTHER TIERS: 0.70% → $2k - $10k | 1.00% → $10k - $25k | 1.75% → $25k - $50k | 1.85% → $50k - $100k | |||||
Member One Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $50k | - | Checking Accounts |
Member One Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.25% | $1k | - | 60 Month CD | |
| 2.65% | $10k | - | 19-Month CD | |
| 2.55% | $25k | - | 14-Month CD | |
| 2.15% | $5k | - | 11 Month CD | |
| 2.06% | $100k | - | 48-Month CD | |
| 1.66% | $100k | - | 36-Month CD | |
| 1.15% | $100k | - | 21-Month CD | |
| 1.15% | $100k | - | 24-Month CD | |
| 0.95% | $100k | - | 6-Month CD | |
| 0.95% | $100k | - | 9-Month CD | |
| 0.95% | $100k | - | 12-Month CD | |
| 0.95% | $100k | - | 15-Month CD | |
| 0.95% | $100k | - | 18-Month CD | |
| 0.80% | $500 | - | Generation One and Squirrels Club Certificate | |
| 0.20% | $1k | - | 12-Month CD No Penalty |
Member One Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.50% | $1k | - | 7 Year IRA | |
| 3.25% | $1k | - | 5 Year IRA | |
| 3.00% | $1k | - | 4 Year IRA | |
| 2.75% | $1k | - | 3 Year IRA | |
| 2.50% | $1k | - | 2 Year IRA | |
| 2.00% | $1k | - | 1 Year IRA |
