Firestone Community Federal Credit Union

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Review based on 12 criteria Rating: 3.5 out of 5

150 East Roundbunch Road, Bridge City, TX 77611

Website

(409) 697-2461

Data Source: NCUA, December 31, 2016


Wellspring Federal Credit Union was founded in 1958. Headquartered in Bridge City, Texas, Wellspring Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Wellspring Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Wellspring Federal Credit Union services 6,157 members through its 4 offices and branches and 22 full-time and 5 part-time employees. It has $44,314,771 of total assets and $3,780,631 of net worth. Based on its asset size and net worth ratio, Wellspring Federal Credit Union is classified as a Well Capitalized medium small credit union.

Wellspring Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Wellspring Federal Credit Union also provides an array of services to its members and local communities. Wellspring Federal Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Wellspring Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Texas and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Texas
Median of USA
Checking
0.1000
0.0100
0.0000
Savings
0.1500
0.2000
0.1200
Money Market
0.5500
0.2500
0.2500
Certificate Deplit
1.2500
0.6620
0.5800
IRA
1.2500
0.5000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Texas
National Median Rates
Credit Cards
10.9000
9.9900
9.9900
Unsecured Line of Credits
10.0000
11.2200
10.9500
Short-term Small Amount
n/a
25.2500
25.0000
Student Loans
n/a
6.0000
6.0200
New Car Loans
5.2500
3.6500
3.3300
Used Car Loans
6.5000
4.9950
4.5000
1st Mortgage Real Estates
6.0200
4.5000
4.2500
Other Real Estates
n/a
5.5600
4.7000

Wellspring Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Wellspring Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
No
Bill Payment
Yes
Yes
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
Yes
Yes
View Account History
Yes
Yes

As a community financial institution, Wellspring Federal Credit Union actively involves in local communities by prliding services such as first tim home buyer programs, and student scholarships.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Administration Building
200 E Round Bunch Rd
Bridge City, TX 77611
Phone:409-527-3445

Bridge City Branch
Main Office

150 E Round Bunch Rd
Bridge City, TX 77611-3720
Phone:409-697-2461

Enhanced Software Products
1811 N Hutchinson Rd
Spokane Valley, WA 99212-2444
Phone:800-456-5750

Mauriceville Branch
150 E Round Bunch Rd
Bridge City, TX 77611
Phone:409-745-2150

Orange Branch
2101 Macarthur Dr
West Orange, TX 77630-4809
Phone:409-886-3096

(409) 697-1538

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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