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  2. Mil-Way Federal Credit Union

Mil-Way Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.30%1-year CD12 Month CD
1.05% - Ally Bank High Yield 12-Month CDAdvertisement
1.05%6-month CD6 Month CD
0.32% - National Average
0.10%SavingsMil-Way FCU Regular Savings Accounts
1.00% - Ally Bank Online Savings AccountAdvertisement
View all Mil-Way Federal Credit Union rates »

Overview / Commentary
www.mil-way.com
870-772-0661
2000 Arkansas Blvd
Texarkana, AR 71854-1616

Mil-Way Federal Credit Union is headquartered in Texarkana and is the 4th largest credit union in the state of Arkansas. It is also the 1,419th largest credit union in the nation. It was established in 1956 and as of June of 2016, it had grown to 37 employees and 11,890 members at 3 locations. Mil-Way Federal Credit Union's CD rates are 44% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership is open to those who live, work or worship in Bowie, Little River or Miller County. Membership is also open to employees of the Select Employer Group.
See current membership details

Related Posts

Mil-Way FCU (AR/TX) Raises Rates On Short-Term CDs - 11/11/2015

Mil-Way Federal Credit Union (AR) recently raised the rates on its 6-month CD (1.05% APY) and 12-month CD (1.30% APY). The minimum deposit is $2.5K, with no balance cap.

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Health
A

Data as of Q2 2016

Learn more about bank health

Health Grade Components

Overall
NCUA #24197
Year Chartered1956
Employees37
Primary Regulator
Profit Margin
Return on Assets - YTD0.4%
Return on Equity - YTD3.86%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$117.3MM$114.4MM
LoansQ2 2016vs Q2 2015$79.2MM$74.2MM
DepositsQ2 2016vs Q2 2015$104.3MM$101.7MM
Equity CapitalQ2 2016vs Q2 2015$12.1MM$11.6MM
Loan Loss AllowanceQ2 2016vs Q2 2015$88.00K$66.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$110.00K$97.00K
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.

Mil-Way Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$5k*-Mil-Way FCU Special Savings Accounts
OTHER TIERS: 0.05% → $200 - $1k | 0.10% → $1k - $5k
0.25%*$5k*-Mil-Way FCU IRA Accounts
OTHER TIERS: 0.05% → $200 - $1k | 0.10% → $1k - $5k
0.10%*$1k*-Mil-Way FCU Regular Savings Accounts
OTHER TIERS: 0.05% → $200 - $1k

Mil-Way Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$500-Share Draft

Mil-Way Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.41%$2,500-24 Month CD
1.35%$2,500-18 Month CD
1.30%$2,500-12 Month CD
1.05%$2,500-6 Month CD
Locations


Mil-Way Federal Credit Union Locations
Branch Office2000 Arkansas BlvdTexarkana, AR 71854-1616
Branch Office140 Highway 71 SAshdown, AR 71822-8650
Branch Office5001 W 7th StTexarkana, TX 75501-6269