Featured Savings Rates
Featured Accounts

Rocket Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.20%1-year CD12 Month Share Certificate
0.15%SavingsShare Savings Account
0.35%2-year CD24 Month Share Certificate

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 277th largest credit union in the state of Texas. It is also the 3,629th largest credit union in the nation. It was established in 1954 and as of September of 2016, it had grown to 7 employees and 2,455 members at 1 location. Rocket Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to those who live or work in McGregor, Oglesby, Moody, Crawford or Robinson, Texas.
See current membership details

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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. Rocket Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #9799
Year Chartered1954
Employees7
Primary Regulator
Profit Margin
Return on Assets - YTD0.27%
Return on Equity - YTD3.08%
Annual Interest Income$420.00K
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$17.2MM$16.5MM
LoansQ3 2016vs Q3 2015$12.4MM$11.8MM
DepositsQ3 2016vs Q3 2015$15.6MM$14.8MM
Equity CapitalQ3 2016vs Q3 2015$1.5MM$1.5MM
Loan Loss AllowanceQ3 2016vs Q3 2015$39.00K$34.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$68.00K$84.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
Rates
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Rocket Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Share Savings Account

Rocket Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$1k-24 Month Share Certificate
0.25%$1k-18 Month Share Certificate
0.20%$1k-12 Month Share Certificate

Rocket Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$1k-24 Month IRA
0.25%$1k-18 Month IRA
0.20%$1k-12 Month IRA
Locations


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