Mercer County W Va Teachers Federal Credit Union

Rated star_ratedstar_rated_halfstar_normalstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 1.5 out of 5

P.O. Box 1294, Bluefield, WV 24701-9672

Website

(304) 323-3732

Data Source: NCUA, December 31, 2016


Mercer County W Va Teachers Federal Credit Union was founded in 1954. Headquartered in Bluefield, West Virginia, Mercer County W Va Teachers 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). Mercer County W Va Teachers 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, Mercer County W Va Teachers Federal Credit Union services 1,680 members through its 4 full-time employees. It has $8,029,516 of total assets and $859,715 of net worth. Based on its asset size and net worth ratio, Mercer County W Va Teachers Federal Credit Union is classified as a Well Capitalized small credit union.

Mercer County W Va Teachers 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. Mercer County W Va Teachers Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Mercer County W Va Teachers 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 West Virginia and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of West Virginia
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.1500
0.1500
0.1200
Money Market
0.0000
0.2500
0.2500
Certificate Deplit
0.5000
0.6300
0.5800
IRA
0.0000
0.7500
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of West Virginia
National Median Rates
Credit Cards
n/a
9.9950
9.9900
Unsecured Line of Credits
12.0000
10.8700
10.9500
Short-term Small Amount
n/a
23.4950
25.0000
Student Loans
n/a
9.0000
6.0200
New Car Loans
4.2500
4.0000
3.3300
Used Car Loans
7.9900
5.0000
4.5000
1st Mortgage Real Estates
n/a
4.5000
4.2500
Other Real Estates
n/a
5.0000
4.7000

Mercer County W Va Teachers 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 and ATMs. The table below lists the electronic banking services prlided by Mercer County W Va Teachers Federal Credit Union.

Electronic Banking Service Offerings

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

.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
No
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
No
Insurance/Investment Sales
No
First Time Homebuyer Program
No
Credit Union Office
Main Office

258 Blue Prince Rd Ste 102
Bluefield, WV 24701-9672
Phone:304-323-3732

(304) 324-0163

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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