Rails West Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.10%	5-year CD	3.10% - Barclays 60 Month Online CD
1.00%	1-year CD	2.75% - Barclays 12 Month Online CD
0.10%	Savings	0.27% - National Average

View all Rails West Federal Credit Union rates »

Overview / Commentary

www.railswestcu.org

208-232-5746

4708 Yellowstone Ave
Chubbuck, ID 83202-2336

Rails West Federal Credit Union is headquartered in Chubbuck and is the 19^th largest credit union in the state of Idaho. It is also the 2,144^th largest credit union in the nation. It was established in 1935 and as of December of 2018, it had grown to 20 employees and 9,320 members at 2 locations. Rails West Federal Credit Union's CD rates are 11% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to anyone through making a $20 donation to join the Bannock Humane Society. Membership is also open to employees and members of Belmont Care Center, Forced Air Systems, KPKY Radio, and over 50 area select organizations.
See current membership details

View all posts from:

2007

3/9 - EXPIRED: 5.80% 12-Month CD at an Idaho CU (Pocatello Railroad)

Reviews (1)

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RAILS WEST DERAILS

Posted by: refarns71 | Jan 14, 2019

RailsWest has become like a bank with its predatory application of transaction processing order. I have not had a single teller able to tell me the daily process order for transactions. Most banks it is largest to smallest without concern if it is a debit or credit., Granted some will do debit first then credit, but to not know, and worse yet, to seemingly change based on what will generate the greatest fees is disconcerting. I have had issues with them forcing he waiving of Reg CC rules in order to use their remote deposit feature then placing holds on those funds that rival the 60's in duration.
Their website is either deliberately misleading or never updated. In the FAQ it says they Follow Regulation CC guidelines for Remote Deposit, but the actually policy states quite the opposite. However, they can not even stay consistent with complying with what is within their official policy.
Two words.... SEEK ANOTHER, (Lender, Check account provider, savings provider, financial service provider)
Just SEEK ANOTHER!

Comment

Health

Data as of Q4 2018

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. Rails West Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	490
Year Chartered	1935
Employees	20
Primary Regulator

Profit Margin
Return on Assets - YTD	0.9%
Return on Equity - YTD	10.08%
Annual Interest Income	$2.3MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$59.3MM$58.1MM
Loans	Q4 2018vs Q4 2017	$43.9MM$43.7MM
Deposits	Q4 2018vs Q4 2017	$52.9MM$52.2MM
Equity Capital	Q4 2018vs Q4 2017	$5.2MM$4.7MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$201.00K$213.00K
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$620.00K$779.00K
Real Estate Owned	Q4 2018vs Q4 2017	$0$0

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