MilWay Federal Credit Union is headquartered in Texarkana and is the 4th largest credit union in the state of Arkansas. It is also the 1,422nd largest credit union in the nation. It was established in 1956 and as of September of 2020, it had grown to 34 employees and 123,210 members at 3 locations. MilWay Federal Credit Union's CD rates are 11% higher than the national average, and it has an A health rating.
Membership in MilWay Federal Credit Union is open to anyone who lives, works, or worships in the Arkansas counties of Little River or Miller, or Bowie County, Texas. Employees of 23 SEGs also qualify for membership.
See current membership details
Overall | |
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NCUA # | 24197 |
Year Chartered | 1956 |
Employees | 34 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.53% |
Return on Equity - YTD | 5.14% |
Annual Interest Income | $3.4MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $143.1MM$121.3MM |
Loans | Q3 2020vs Q3 2019 | $85.9MM$75.8MM |
Deposits | Q3 2020vs Q3 2019 | $127.7MM$106.5MM |
Equity Capital | Q3 2020vs Q3 2019 | $14.6MM$13.9MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $64.00K$56.00K |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $169.00K$100.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not MilWay 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $500 | - | Share Draft |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.10% | $2.5k | - | 24 Month CD | |
1.05% | $2.5k | - | 18 Month CD | |
1.00% | $2.5k | - | 12 Month CD | |
0.75% | $2.5k | - | 6 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.10% | $2.5k | - | 24 Month IRA | |
1.05% | $2.5k | - | 18 Month IRA | |
1.00% | $2.5k | - | 12 Month IRA | |
0.75% | $2.5k | - | 6 Month IRA |
MilWay Federal Credit Union Locations | ||
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Branch Office | 2000 Arkansas Blvd | Texarkana, AR 71854-1616 |
Branch Office | 5001 W 7th St | Texarkana, TX 75501-6269 |
Branch Office | 140 Highway 71 S | Ashdown, AR 71822-8650 |