Chemcel Federal Credit Union

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A short history of Chemcel FCU

Since its inception in 1951 the Chemcel Federal Credit Union has been serving its members in the BISHOP, Texas 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 Michael Engel, the Chemcel FCU has grown its membership to over 8,575 with assets of more than $110,214,383. They have a main office and 7 branch offices. Please see the credit unions website or contact them by phone at (361) 584-6246 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BISHOP, TX.

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

Charter Number 7129
Address 5740 COUNTY ROAD 4 
State Texas 
Zip-Code 78343
Phone Number (361) 584-6246
Fax Number (361) 584-6155
Email Address:
CEO/President Michael Engel
Members 8,575 
Full-Time Employees 32 
Part-Time Employees
Number of Branch Offices
Total Assets 110,214,383 

Compare Chemcel Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Texas Community CU Texas Community Federal Credit Union 605 E Caesar Ave 78363 (361) 595-5538 No 12.68
Kingsville Area Educators CU Kingsville Area Educators Federal Credit Union 1209 W King Ave 78363 (361) 592-5148 No 13.30
South Texas Area Resources CU Holly Road 6009 Holly Rd 78460 (361) 242-7827 No 16.43
Ibew Lu 278 CU IBEW LU 278 Federal CU 2301 Saratoga Blvd 78417 (361) 855-3136 No 17.50
Texas Bridge CU BRANCH 20-GOLLIHAR 2140 Gollihar Rd 78416 (361) 855-4494 No 18.91

Chemcel Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Chemcel 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 11.75 2.49 2.49 4.13 6.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 398 83 51 160 412
Rank Among All Texas Credit Unions 85 26 19 43 108

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 2.96 0.15 0.39 0.59 1.63
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 9 119 79 244 82
Rank Among All Texas Credit Unions 2 43 16 82 10
Chemcel Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.7502,5926,794,604
All Other Unsecured Loans/Lines of Credit 18.0001,2033,129,245
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.49063717,806,884
Used Vehicle Loans 2.4901,15119,861,208
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.130425,281,871
Total Other Real Estate Loans/Lines of Credit 6.750702,563,774
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.4904897,050,828
TOTAL LOANS & LEASES 6,18462,488,414

Chemcel 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 324,297,29200
    b. 15 Years or less 9676,03000
    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 1308,54900


Closed-End Fixed Rate 702,563,7742169,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 1127,845,6452169,000


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

Chemcel 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 Yes
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