First Watch Federal Credit Union

Headquarters

1118 Pine St
Abilene, TX 79601
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 5.50% →
1-Year CD 0.40% 4.80% →
2-Year CD 0.50% 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

Reviewed by JS | July 9, 2022 |

This is the worst credit union I have ever worked with. I have been a member of several other credit unions over the years and loved them. I moved to Abilene and opened an account with First Abilene FCU and it was terrible from that point on. Instead being welcoming and helpful to new members they treat you like a criminal. They robotically follow every little rule, limit your deposits, hold your deposits and generally make your life miserable. Example: When making remote deposits, the back of checks now have a box to check that says "This is a remote Deposit To" and fill in the name. It is even on FBFCU's own checks. But, they would not accept my deposit because their rules say it has to be written on the check. When it was pointed out that even their checks use this, they said it did not matter because it is their requirement. Just one of many examples of their LACK OF PUTTING THE CUSTOMER FIRST POLICIES!


2024 Overview

General Credit Union Information

First Watch is an NCUA insured institution located in Abilene, TX. It was founded in 1959 and has approximately $97.67 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 13290
Date Established 1959
Assets $97.67 million
Loans $70.78 million
Deposits $87.89 million
Capital $9.76 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in, as well as businesses and other legal entities located in Taylor, Jones, Callahan, Nolan, Runnels, and Eastland Counties, Texas.

Deposit Rates - November 4, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.35% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.45% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.55% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - November 4, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for First Watch

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
District Lending
NMLS ID: 1835285
6.380% 6.250% 0.88 $4,400 $1,971 Learn More
PenFed Credit Union
NMLS ID: 401822
6.818% 6.625% 1.00 $6,400 $2,049 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.984% 6.875% 0.88 $3,545 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.200% 7.125% 0.75 $2,400 $2,156 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

Note to First Watch
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are First Watch 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


First Watch Locations around zip code 43085


BranchDistance Map View Lobby Hours

Main Office Pine

1027.16 A View Lobby Hours

Catclaw

1031.08 B View Lobby Hours


Climate Policy and Initiatives

FIRST WATCH is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

First Watch Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Watch. 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
First Watch U.S. Average
3.13% 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, First Watch had $94,924 in non-current loans and $215,746 in owned assets. To cover these potential losses it had $9,757,970 in net worth and $183,286 in loans loss reserves. That gives it a Texas Ratio of 3.13%.

Net Worth
First Watch U.S. Average
9.96% 13.93%

First Watch FCU has a net worth of 9.96% 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 First Watch


  • July 9, 2022 |

    This is the worst credit union I have ever worked with. I have been a member of several other credit unions over the years and loved them. I moved to Abilene and opened an account with First Abilene FCU and it was terrible from that point on. Instead being welcoming and helpful to new members they treat you like a criminal. They robotically follow every little rule, limit your deposits, hold your deposits and generally make your life miserable. Example: When making remote deposits, the back of checks now have a box to check that says "This is a remote Deposit To" and fill in the name. It is even on FBFCU's own checks. But, they would not accept my deposit because their rules say it has to be written on the check. When it was pointed out that even their checks use this, they said it did not matter because it is their requirement. Just one of many examples of their LACK OF PUTTING THE CUSTOMER FIRST POLICIES!


Add Your Review


or use your BestCashCow account

or