Overview / Commentary
304-329-2699
434 E Main St
Kingwood, WV 26537-1722

Preston Federal Credit Union is headquartered in KINGWOOD and is the 32nd largest credit union in the state of West Virginia. It is also the 3,091st largest credit union in the nation. It was established in 1978 and as of June of 2018, it had grown to 3 employees and 1,571 members at 1 location. Preston Federal Credit Union's savings rates are 15% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees of Preston County Board of Education, Preston County Commission, Bruceton Mills Grocery, City of Kingwood, Preston Machine, Tucker County Board of Education, Valley Fuels, Inc, Preston Memorial Hospital, Total Family Care, members and employees of Wesley United Methodist Church, Kingwood, West Virginia.
See current membership details

Reviews

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



Health
B+
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. Preston Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #23015
Year Chartered1978
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.86%
Return on Equity - YTD6.84%
Annual Interest Income$316.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$25.9MM$25.6MM
LoansQ2 2018vs Q2 2017$7.6MM$7.4MM
DepositsQ2 2018vs Q2 2017$22.6MM$22.5MM
Equity CapitalQ2 2018vs Q2 2017$3.3MM$3.1MM
Loan Loss AllowanceQ2 2018vs Q2 2017$52.00K$21.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$10.00K$25.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Preston 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.

Preston Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.20%*$10k*-Traditional IRA
OTHER TIERS: 1.00% Up to $10k
1.20%*$10k*-Roth IRA
OTHER TIERS: 1.00% Up to $10k
1.20%*$10k*-Educational IRA
OTHER TIERS: 1.00% Up to $10k
0.60%*$50k*-Supersaver Account
OTHER TIERS: 0.40% $2.5k - $10k | 0.45% $10k - $25k | 0.50% $25k - $50k
0.25%--Christmas Club
0.25%--Vacation Club
0.25%--Back to School Club
0.20%--Regular Savings

Preston Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$2.5k*-Share Draft Checking
OTHER TIERS: 0.10% $300 - $2.5k

Preston Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$500-48 Month CD
1.51%$500-36 Month CD
1.00%$500-21 Month CD
0.50%$500-12 Month CD
0.30%$500-6 Month CD

Preston Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$500-48 Month IRA
1.51%$500-36 Month IRA
1.00%$500-21 Month IRA
0.50%$500-12 Month IRA
0.30%$500-6 Month IRA
Locations


Preston Federal Credit Union Locations
Branch Office434 E MAIN STKINGWOOD, WV 26537-1722

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.