Mid-Tex Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.60% | 1-year CD | 12 Month CD 2.40% - Ally Bank High Yield 12-Month CD |
| 1.00% | 4-year CD | 48 Month CD 1.64% - National Average |
| 0.95% | 3-year CD | 36 Month CD 2.55% - Ally Bank High Yield 3 Year CD |
Mid-Tex Federal Credit Union is headquartered in BROWNWOOD and is the 246th largest credit union in the state of Texas. It is also the 3,184th largest credit union in the nation. It was established in 1961 and as of March of 2018, it had grown to 10 employees and 3,550 members at 1 location. Mid-Tex Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to those who live or work in Brown County, Texas.
See current membership details
Review of MTFCU
For savings accounts, you need a minimum of $25 to keep it open and going. They do not have a mobile app which is disappointing. They do offer online banking. Their electronic deposits are slower than the national banks, so I don't get paid as quickly as my co-workers. You can set up electronic deposits easily. When getting your ATM card for the first time, it does take a week to ten days. They do not make them there. The fees for checking is very reasonable at only three dollars a month with no minimum balance so you can wipe out all of your money paying bills and they won't charge a fee for a low balance. I never have to wait when I go in. I had to change my name last month and they took care of me quickly without a wait. I do not know about the CD rates because I have never asked about or gotten one with them. They do pay for a $2000 life insurance policy for their members, so that is another good thing about them.
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24454 |
| Year Chartered | 1961 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.41% |
| Return on Equity - YTD | 5.32% |
| Annual Interest Income | $209.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $24.1MM$23.7MM |
| Loans | Q1 2018vs Q1 2017 | $12.5MM$13.6MM |
| Deposits | Q1 2018vs Q1 2017 | $22.3MM$21.9MM |
| Equity Capital | Q1 2018vs Q1 2017 | $1.8MM$1.7MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $97.00K$75.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $232.00K$162.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Mid-Tex Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Mid-Tex Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $500 | - | 48 Month CD | |
| 0.95% | $500 | - | 36 Month CD | |
| 0.80% | $500 | - | 24 Month CD | |
| 0.65% | $500 | - | 18 Month CD | |
| 0.60% | $500 | - | 12 Month CD |
| Mid-Tex Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 3808 HIGHWAY 377 S | BROWNWOOD, TX 76801-5120 |