Power Financial Credit Union

Headquarters

2020 Nw 150th Avenue
Pembroke Pines, FL 33028
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 5.50% →
1-Year CD 0.20% 4.80% →
2-Year CD 5.12% 4.25% →
5-Year CD 0.75% 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

Power Financial is an NCUA insured institution located in Pembroke Pines, FL. It was founded in 1951 and has approximately $875.01 millions in assets.

Who can join?

You can if you...

Live or work in Broward, Miami-Dade & Palm Beach Counties as well as the Florida Keys in Monroe County.

Are an immediate family member of someone who is already a Credit Union Member

Are a member of a Special Employee Group (SEG)

NCUA Insured Yes / State-Chartered
Charter Number # # 68445
Date Established 1951
Assets $875.01 million
Loans $660.82 million
Deposits $706.94 million
Capital $121.62 million
 

Field of Membership Restrictions

Membership is open to those who live or work in Monroe, Miami-Dade, Broward, Palm Beach and Martin Counties or employed by a member of our Select Employee Group.

Deposit Rates - November 21, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
SAV
0.05% $100 $9,999 Learn More
Savings
0.15% $10,000 $49,999 Learn More
Savings
0.20% $50,000 $99,999 Learn More
Savings
0.25% $100,000 - Learn More
Money Market
0.15% $2,500 $9,999 Learn More
Money Market
0.15% $10,000 $24,999 Learn More
Money Market
0.20% $25,000 $49,999 Learn More
Money Market
0.30% $50,000 $99,999 Learn More
Money Market
0.75% $100,000 - Learn More
Premium Money Market Account
0.95% $2,500 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
5 Mo CD
5.12% $5,000 - Learn More
6 Mo CD
0.15% $500 - Learn More
7 Mo CD
4.06% $2,500 - Learn More
9 Mo CD
0.20% $500 - Learn More
12 Mo CD
0.20% $500 - Learn More
13 Mo CD
3.92% $2,500 - Learn More
15 Mo CD
0.25% $500 - Learn More
18 Mo CD
0.25% $500 - Learn More
24 Mo CD
0.35% $500 - Learn More
24 Mo CD
5.12% $2,500 - Learn More
36 Mo CD
0.55% $500 - Learn More
48 Mo CD
0.70% $500 - Learn More
60 Mo CD
0.75% $500 - Learn More

Loan Rates - November 21, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Power Financial

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
Sebonic
NMLS ID: 66247
6.576% 6.500% 0.75 $2,544 $2,023 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.953% 6.875% 0.63 $2,534 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.225% 7.125% 1.00 $3,200 $2,156 Learn More
Neighbors Bank
NMLS ID: 491986
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 Power Financial
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Power Financial 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

POWER FINANCIAL 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

Power Financial Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Power Financial. 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
Power Financial U.S. Average
0.62% 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, Power Financial had $761,669 in non-current loans and $15,323 in owned assets. To cover these potential losses it had $121,620,054 in net worth and $3,485,765 in loans loss reserves. That gives it a Texas Ratio of 0.62%.

Net Worth
Power Financial U.S. Average
13.91% 13.93%

Power Financial FCU has a net worth of 13.91% 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 Power Financial

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