Able Federal Credit Union

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A short history of Able FCU

Since its inception in 1961 the Able Federal Credit Union has been serving its members in the Cresaptown, Maryland area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Leon Arnold, the Able FCU has grown its membership to over 1,579 with assets of more than $8,411,419. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (301) 729-2498 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Cresaptown, MD.

General Information For Able FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 14727
Address PO Box 5192 
City Cresaptown 
State Maryland 
Zip-Code 21505
Phone Number (301) 729-2498
Fax Number (301) 729-0977
Email Address: none
CEO/President Leon Arnold
Members 1,579 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 8,411,419 

Compare Able Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Allegany Co Teachers CU Allegany County Teachers Federal Credit Union 14316 National Hwy SW 21502 (301) 729-8015 No 3.14
Al Gar CU Al-Gar FCU Main Office 316 Paca St 21502 (301) 722-5446 No 5.15
Potomac CU Main 215 Paca St 21501 (301) 722-5522 No 5.18
Kel-co CU Kelco Federal Credit Union 321 Greene St 21502 (301) 777-8100 No 5.19
Healthcare 1st CU HEALTHCARE 1 FCU 1050 W Industrial Blvd Ste 16 21502 (301) 723-4098 No 5.19

Able Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Able Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.50 4.00 6.00 7.50 N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 297 282 443 457 N/A
Rank Among All Maryland Credit Unions 20 36 50 35 N/A

Able Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 N/A 0.40 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 N/A 284 227
Rank Among All Maryland Credit Unions N/A 19 N/A 38 18
Able Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.5002634,787
All Other Unsecured Loans/Lines of Credit 8.0003301,120,867
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.000531,036,540
Used Vehicle Loans 6.0001771,678,127
Total 1st Mortgage Real Estate Loans/Lines of Credit 7.500687,080
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.00034454,157
TOTAL LOANS & LEASES 6264,411,558

Able Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 687,08000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 687,08000


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Able Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes