Al Gar Federal Credit Union

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A short history of Al Gar FCU

Since its inception in 1954 the Al Gar Federal Credit Union has been serving its members in the Cumberland, 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 Todd Riggleman, the Al Gar FCU has grown its membership to over 3,187 with assets of more than $33,907,710. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (301) 722-5446 or email them at memberservices@algarfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Cumberland, MD.

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

Charter Number 9183
Address 316 Paca St 
City Cumberland 
State Maryland 
Zip-Code 21502
Phone Number (301) 722-5446
Fax Number (301) 777-3152
Email Address: memberservices@algarfcu.org
CEO/President Todd Riggleman
Members 3,187 
Full-Time Employees 10 
Part-Time Employees
Number of Branch Offices
Total Assets 33,907,710 
Website http://www.algarfcu.org 

Compare Al Gar Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Healthcare 1st CU HEALTHCARE 1 FCU 1050 W Industrial Blvd Ste 16 21502 (301) 723-4098 No 0.88
Potomac CU Main 215 Paca St 21501 (301) 722-5522 No 1.38
Kel-co CU Kelco Federal Credit Union 321 Greene St 21502 (301) 777-8100 No 1.48
First Peoples Community CU Grantsville 12497 NATIONAL PIKE 21501 (301) 784-3000 No 1.58
Chessie CU Drive Thru 122 W Union St 21501 (301) 724-2777 No 3.82

Al Gar Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Al Gar 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 9.99 2.29 2.29 3.99 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 253 60 37 137 100
Rank Among All Maryland Credit Unions 16 9 7 17 12

Al Gar Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.25 0.15 0.70 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 95 124 224 227
Rank Among All Maryland Credit Unions N/A 13 21 31 18
Al Gar Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.990410798,000
All Other Unsecured Loans/Lines of Credit 8.0004601,538,683
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.2902634,622,640
Used Vehicle Loans 2.2903953,952,815
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.990733,488,964
Total Other Real Estate Loans/Lines of Credit 4.000631,013,909
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.00066364,237
TOTAL LOANS & LEASES 1,73015,779,248

Al Gar Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 261,458,50000
    b. 15 Years or less 472,030,4643166,400
Balloon/Hybrid
    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

OTHER REAL ESTATE

Closed-End Fixed Rate 27390,8197178,900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 36623,090120,000
Open-End Fixed Rate 0000
TOTALS 1364,502,87311365,300

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

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