Overview / Commentary
254-840-2873
905 W Mcgregor Dr
Mc Gregor, TX 76657-1133

Rocket Federal Credit Union is headquartered in Mc Gregor and is the 250th largest credit union in the state of Texas. It is also the 3,256th largest credit union in the nation. It was established in 1954 and as of December of 2018, it had grown to 8 employees and 2,692 members at 1 location. Rocket Federal Credit Union's CD rates are 3X the national average, but it has a C health rating.

Field of Membership Restrictions

Membership is open to those who live or work in McGregor, Oglesby, Moody, Crawford or Robinson, Texas.
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Health
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. Rocket Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #9799
Year Chartered1954
Employees8
Primary Regulator
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD7.54%
Annual Interest Income$791.00K
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$21.8MM$17.8MM
LoansQ4 2018vs Q4 2017$19.5MM$15.9MM
DepositsQ4 2018vs Q4 2017$20.0MM$16.1MM
Equity CapitalQ4 2018vs Q4 2017$1.7MM$1.5MM
Loan Loss AllowanceQ4 2018vs Q4 2017$29.00K$35.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$250.00K$96.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Rocket Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Share Savings

Rocket Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.79%*$100k*-24 Month Share Certificate
OTHER TIERS: 0.90% $1k - $50k | 1.81% $50k - $100k
2.53%*$100k*-18 Month Share Certificate
OTHER TIERS: 0.70% $1k - $50k | 1.61% $50k - $100k
2.27%*$100k*-12 Month Share Certificate
OTHER TIERS: 0.60% $1k - $50k | 1.31% $50k - $100k

Rocket Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.79%*$100k*-24 Month IRA
OTHER TIERS: 0.90% $1k - $50k | 1.81% $50k - $100k
2.53%*$100k*-18 Month IRA
OTHER TIERS: 0.70% $1k - $50k | 1.61% $50k - $100k
2.27%*$100k*-12 Month IRA
OTHER TIERS: 0.60% $1k - $50k | 1.31% $50k - $100k
Locations


Rocket Federal Credit Union Locations
Branch Office905 W McGregor DrMc Gregor, TX 76657-1133

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