Universal Coop Federal Credit Union

Rated star_ratedstar_ratedstar_normalstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 2 out of 5

PO Box 937, Rio Grande, PR 00745

Website

(787) 887-2195

Data Source: NCUA, December 31, 2016


Universal Coop Federal Credit Union was founded in 1957. Headquartered in Rio Grande, Puerto Rico, Universal Coop 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). Universal Coop 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, Universal Coop Federal Credit Union services 3,900 members through its 2 offices and branches and 14 full-time and 4 part-time employees. It has $24,777,502 of total assets and $2,206,944 of net worth. Based on its asset size and net worth ratio, Universal Coop Federal Credit Union is classified as a Well Capitalized medium small credit union.

Universal Coop 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. Universal Coop 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 Universal Coop 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 Puerto Rico and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Puerto Rico
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.5000
0.3250
0.1200
Money Market
0.0000
NaN
0.2500
Certificate Deplit
1.3600
0.8600
0.5800
IRA
0.0000
1.5000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Puerto Rico
National Median Rates
Credit Cards
8.9500
8.9900
9.9900
Unsecured Line of Credits
14.0000
8.9500
10.9500
Short-term Small Amount
n/a
NaN
25.0000
Student Loans
n/a
NaN
6.0200
New Car Loans
9.9500
3.5150
3.3300
Used Car Loans
9.9500
4.9800
4.5000
1st Mortgage Real Estates
8.5000
4.4500
4.2500
Other Real Estates
n/a
7.6950
4.7000

Universal Coop 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, and ATMs. The table below lists the electronic banking services prlided by Universal Coop Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
No
No
Share Account Transfers
Yes
New Loan Application
No
Share Draft Orders
No
No
New Share Account
No
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
A�asco
46 Calle 65 Infanteria
Anasco, PR 00610-2902
Phone:787-826-4360

Rio Grande
Main Office

14 Calle Pimentel
Rio Grande, PR 00745
Phone:787-887-2195

(787) 887-5622

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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