2024 Overview
General Credit Union Information
Downey is an NCUA insured institution located in Downey, CA. It was founded in 1957 and has approximately $333.77 millions in assets.
Who can join?
Downey Federal Credit Union serves the entire Downey Community. If you live, work, attend school or worship in the city of Downey, California, you are invited to join.
Your family members are immediately eligible for membership too.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 11870 |
| Date Established | 1957 |
| Assets | $333.77 million |
| Loans | $167.82 million |
| Deposits | $254.87 million |
| Capital | $30.65 million |
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in the City of Downey and to immediate family of current members.
Deposit Rates - November 17, 2024
Your Current Location: Ohio, OH 43085
We do not yet have rates for Downey
We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.
Back to Downey
Note to Downey
To upload and update your credit union's rates please register.
It is free to register and add rates.
Loan Rates - November 17, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Downey
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 1835285 |
6.494% | 6.375% | 0.75 | $4,000 | $1,997 | Learn More |
NMLS ID: 1025894 |
6.868% | 6.750% | 1.00 | $3,884 | $2,076 | Learn More |
NMLS ID: 1907 |
7.181% | 7.125% | 0.63 | $1,802 | $2,156 | Learn More |
NMLS ID: 3030 |
7.225% | 7.125% | 1.00 | $3,200 | $2,156 | Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
Intro APR 7.490 % After Intro: 7.490 % |
$0 |
Learn More
More Info |
Note to Downey
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Downey branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Downey Locations around zip code 43085
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 1907.95 | A | View Lobby Hours |
Climate Policy and Initiatives
DOWNEY is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
Add Your Review
or use your BestCashCow account
or
Financial Details
Downey Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Downey. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Downey | U.S. Average |
|---|---|
| 27.91% | 5.83 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of June 30, 2024, Downey had $8,688,365 in non-current loans and $65,718 in owned assets. To cover these potential losses it had $30,648,000 in net worth and $718,218 in loans loss reserves. That gives it a Texas Ratio of 27.91%.
Net Worth
| Downey | U.S. Average |
|---|---|
| 9.17% | 13.93% |
Downey FCU has a net worth of 9.17% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Downey
There are currently no comments for DOWNEY. Be the first to share your experience. Please provide comments that will help others.
Add Your Review
or use your BestCashCow account