Monroe Telco Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.10%	1-year CD	12 Month CD 1.40% - Synchrony Bank 12 Month CD
0.10%	Savings	Regular Shares Account 1.20% - Goldman Sachs Bank USA Online Savings
0.10%	2-year CD	24 Month CD 1.65% - Synchrony Bank 24 Month CD

View all Monroe Telco Federal Credit Union rates »

Overview / Commentary

www.monroetelcofcu.org

4705 Cypress St
West Monroe, LA 71291-7585

Monroe Telco Federal Credit Union is headquartered in West Monroe and is the 44^th largest credit union in the state of Louisiana. It is also the 2,507^th largest credit union in the nation. It was established in 1936 and as of March of 2017, it had grown to 11 employees and 4,277 members at 2 locations. Monroe Telco Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Ouachita Parish and employees of select area businesses.
See current membership details

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Health

C+

Data as of Q1 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Monroe Telco Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	1725
Year Chartered	1936
Employees	11
Primary Regulator

Profit Margin
Return on Assets - YTD	0.25%
Return on Equity - YTD	3.55%
Annual Interest Income	$277.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$43.2MM$43.1MM
Loans	Q1 2017vs Q1 2016	$14.7MM$14.8MM
Deposits	Q1 2017vs Q1 2016	$39.8MM$39.9MM
Equity Capital	Q1 2017vs Q1 2016	$3.2MM$3.0MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$73.00K$81.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$148.00K$91.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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Savings
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Monroe Telco Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%	-	-	Coverdell Savings Account
0.20%	-	-	IRA Savings Account
0.10%^*	$5k^*	-	Regular Shares Account
OTHER TIERS: 0.05% → $100 - $5k

Monroe Telco Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	$1k	-	12 Month CD
0.10%	$1k	-	24 Month CD
0.05%	$1k	-	6 Month CD

Monroe Telco Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	$1k	-	12 Month IRA
0.10%	$1k	-	24 Month IRA
0.05%	$1k	-	6 Month IRA

Locations

Monroe Telco Federal Credit Union Locations
Branch Office	4705 Cypress St	West Monroe, LA 71291-7511
Branch Office	2899 Sterlington Rd Ste 1	Monroe, LA 71203