Fortera Federal Credit Union

Headquarters

2050 Lowes Dr
Clarksville, TN 37040
See all branch locations →

Notable Rates APY Vs.Others
Savings 1.50% 5.50% →
1-Year CD 4.75% 4.80% →
2-Year CD 4.15% 4.25% →
5-Year CD 4.15% 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Fortera is an NCUA insured institution located in Clarksville, TN. It was founded in 1954 and has approximately $883.78 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 9759
Date Established 1954
Assets $883.78 million
Loans $670.88 million
Deposits $724.44 million
Capital $104.94 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Montgomery or Stewart counties in Tennessee or Christian, Trigg or Todd counties in Kentucky.

Deposit Rates - November 7, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
ChangeUp
1.50% $0 $2,000 Learn More
Share
0.10% $50 - Learn More
ChangeUp
0.15% $2,001 - Learn More
Money Market
0.20% $2,500 $9,999 Learn More
Money Market
0.20% $10,000 $24,999 Learn More
Money Market
0.40% $25,000 $49,999 Learn More
Money Market
0.40% $50,000 $74,999 Learn More
Money Market
0.50% $75,000 $99,999 Learn More
Money Market
0.50% $100,000 - Learn More
Premium Money Market Account
0.20% $0 $24,999 Learn More
Premium Money Market Account
1.25% $25,000 $49,999 Learn More
Premium Money Market Account
1.50% $50,000 $99,999 Learn More
Premium Money Market Account
1.75% $100,000 $249,999 Learn More
Premium Money Market Account
3.00% $250,000 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Month
2.00% $1,000 - Learn More
12 Month Access
4.65% $25 - Learn More
12 Month
4.75% $1,000 - Learn More
18 Month
5.35% $1,000 - Learn More
24 Month
4.15% $1,000 - Learn More
36 Month
4.15% $1,000 - Learn More
48 Month
4.15% $1,000 - Learn More
60 Month
4.15% $1,000 - Learn More

Loan Rates - November 7, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Fortera

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
Midwest Mortgage Lending
NMLS ID: 2262032
License#: RM.804810.000
6.391% 6.250% 1.00 $4,800 $1,971 Learn More
Pure Rate Mortgage
NMLS ID: 2578474
6.596% 6.500% 0.63 $3,210 $2,023 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.993% 6.875% 1.00 $3,852 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.313% 7.250% 0.63 $2,000 $2,183 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 Fortera
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Fortera 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



Climate Policy and Initiatives

FORTERA 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

Fortera Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Fortera. 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
Fortera U.S. Average
8.58% 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, Fortera had $8,794,241 in non-current loans and $492,868 in owned assets. To cover these potential losses it had $104,942,246 in net worth and $3,309,781 in loans loss reserves. That gives it a Texas Ratio of 8.58%.

Net Worth
Fortera U.S. Average
11.84% 13.93%

Fortera FCU has a net worth of 11.84% 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 Fortera


  • February 29, 2020

    After being part of this credit union for many years have am closing my accounts. I deposited a very large check from an estate account they told me they needed to put a hold. No problem. The time is up. Called the main branch they agreed with me but said only the branch that put the hold on can do anything they have me the run around. My guess is they want to make money from my money. This cr credit union was ok until I came into real money. I asked several times what law said they can do this they could not answer.


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