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MilWay Federal Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.54%
Our Rating
4.2  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.45%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.36%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.mil-wayfcu.org
870-772-0661
2000 Arkansas Blvd
Texarkana, AR 71854

MilWay Federal Credit Union is headquartered in Texarkana and is the 4th largest credit union in the state of Arkansas. It is also the 1,374th largest credit union in the nation. It was established in 1956 and as of December of 2024, it had grown to 34 employees and 12,759 members at 3 locations. MilWay Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership in MilWay Federal Credit Union is open to anyone who lives, works, or worships in the Arkansas counties of Little River, Miller, or Bowie County, Texas. Employees of Cooper Tire and Rubber Company, Domtar, City of Texarkana Arkansas, Alumax/Alcoa, Ericcsson Cables/Texarkana Wire and Cable, City of Ashdown Arkansas, Brock Enterprise/Service Paint, County of Little River, Holiday Dry Cleaning & Laundry, Abernathy Company, Ledwell & Son Enterprises, Little River Memorial Hospital and Rehab, Parks Metal Fabricators, Pinecrest Retirement Lodge, The Woodlands, Inc Amberwood & Brookwood, Southwest Arkansas Electric, Humco, Gradon Chemicals, Single 5 Farms, City of Wake Village, Walker Residential Services, SW AR Telephone Co-op, or Walsh Distribution are also eligible for membership.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
A+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #24197
Year Chartered1956
Employees34
Primary Regulator
Profit Margin
Return on Assets - YTD0.45%
Return on Equity - YTD4.27%
Annual Interest Income$7.5MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$172.4MM$163.1MM
LoansQ4 2024vs Q4 2023$90.8MM$91.1MM
DepositsQ4 2024vs Q4 2023$153.2MM$144.2MM
Equity CapitalQ4 2024vs Q4 2023$18MM$17.2MM
Loan Loss AllowanceQ4 2024vs Q4 2023$121K$76K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$153K$271K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.54%
Our Rating
4.2  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.45%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.36%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates

Rates for MilWay Federal Credit Union are currently being reviewed.

Locations


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

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