Mhi Independence Employees Federal Credit Union

Headquarters

2277 Iowa Avenue
Independence, IA 50644
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Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.80% →
2-Year CD N.A. 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% →

2024 Overview

General Credit Union Information

Mhi Independence Employees is an NCUA insured institution located in Independence, IA. It was founded in 1972 and has approximately $1.6 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 65264
Date Established 1972
Assets $1.60 million
Loans $0.69 million
Deposits $1.29 million
Capital $0.30 million
 

Deposit Rates - November 23, 2024

Your Current Location: Ohio, OH 43085

We do not yet have rates for Mhi Independence Employees

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.

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Note to Mhi Independence Employees
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Advertiser Disclosure

Loan Rates - November 23, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Mhi Independence Employees

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
6.391% 6.250% 1.00 $4,800 $1,971 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.956% 6.875% 0.63 $2,642 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.225% 7.125% 1.00 $3,200 $2,156 Learn More
Veterans United Home Loans
NMLS ID: 1907
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
7.240 %
After Intro: 7.240 %
$0 Learn More
More Info

Note to Mhi Independence Employees
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Mhi Independence Employees 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


Mhi Independence Employees Locations around zip code 43085


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Climate Policy and Initiatives

MHI INDEPENDENCE EMPLOYEES 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

Mhi Independence Employees Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mhi Independence Employees. 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
Mhi Independence Employees U.S. Average
2.67% 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, Mhi Independence Employees had $8,031 in non-current loans and $0 in owned assets. To cover these potential losses it had $295,840 in net worth and $4,503 in loans loss reserves. That gives it a Texas Ratio of 2.67%.

Net Worth
Mhi Independence Employees U.S. Average
18.51% 13.93%

Mhi Independence Employees FCU has a net worth of 18.51% 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 Mhi Independence Employees

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