Data Source: NCUA, December 31, 2016
Friends Federal Credit Union was founded in 1961. Headquartered in Norman, Oklahoma, Friends 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). Friends 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, Friends Federal Credit Union services 1,397 members through its 4 full-time employees. It has $8,219,610 of total assets and $1,179,882 of net worth. Based on its asset size and net worth ratio, Friends Federal Credit Union is classified as a Well Capitalized small credit union.
Friends 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. Friends Federal Credit Union also provides an array of services to its members and local communities. Friends 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 Friends 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 Oklahoma and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
The table below lists the electronic banking services prlided by Friends Federal Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Friends Federal Credit Union actively involves in local communities by prliding services such as financial counseling .
Community and other Service Offerings
Friends Federal Credit Union
1326 Alameda St
Norman, OK 73071-3009