Puerto Rico Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.65% | 5-year CD | |
| 1.00% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.51% | Savings | 2.00% - Ally Bank Online Savings Account |
Puerto Rico Federal Credit Union is headquartered in Caparra and is the 3rd largest credit union in the state of PR. It is also the 1,303rd largest credit union in the nation. It was established in 1960 and as of September of 2018, it had grown to 31 employees and 22,231 members at 1 location. Puerto Rico Federal Credit Union's CD rates are 11% higher than the national average, and it boasts an A+ health rating.
Best Place For My Savings
I love my account in the Puerto Rico Federal Credit Union. I use it strictly for savings because it is out of the way for me and therefore impossible for me to access my funds if the temptation were to come around. I have a regular savings account, which used to be better, to be honest. I used to have an interest of 0.9% in that account, but in the course of a year they slowly lowered it to 0.5%, which made me look for options. They have pretty decent CD rates, which I was tempted with. A one year CD is valued at 1.00%, which tempted me, but I didn't particularly want to lock in my savings for that long in case an emergency came along. I settled on their Christmas Club, which had the same interest rate and automatically transferred my funds back to regular savings on November. Not bad. Also, I could make deposits during the year on which I could gain interest on. Bottom line, I've quadrupled my savings in the past three years by using this credit union's services. I'd suggest their services to anybody who lives in the metropolitan area in Puerto Rico.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 13939 |
| Year Chartered | 1960 |
| Employees | 31 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 3.43% |
| Annual Interest Income | $3.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $143.1MM$134.9MM |
| Loans | Q3 2018vs Q3 2017 | $84.1MM$61.5MM |
| Deposits | Q3 2018vs Q3 2017 | $117.2MM$112.0MM |
| Equity Capital | Q3 2018vs Q3 2017 | $21.9MM$21.7MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $1.3MM$951.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $604.00K$466.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Puerto Rico Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Puerto Rico Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.01% | $5 | - | Summer Actions Savings | |
| 1.01% | $5 | - | Christmas Actions Savings | |
| 0.51% | $5 | - | Regular Share | |
| 0.51% | $5 | - | Savings Account | |
| 0.51% | $5 | - | Youth Savings Account | |
| 0.51% | $5 | - | Newborn Savings Account | |
| 0.51% | $20 | - | IRA Club Savings Account |
Puerto Rico Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.51% | $5 | - | Checking Account |
Puerto Rico Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.65% | $1k | - | 5 Year Share Certificate | |
| 1.45% | $1k | - | 4 Year Share Certificate | |
| 1.30% | $1k | - | 3 Year Share Certificate | |
| 1.20% | $1k | - | 2 Year Share Certificate | |
| 1.00% | $1k | - | 1 Year Share Certificate | |
| 0.95% | $1k | - | 6 Month Share Certificate |
| Puerto Rico Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 55 Calle Resolucion | Caparra, PR 00920-2727 |