Farmers Insurance Group Federal Credit Union

A short history of Farmers Insurance Group FCU

Since its inception in 1936 the Farmers Insurance Group Federal Credit Union has been serving its members in the Los Angeles, California 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 Mark Herter, the Farmers Insurance Group FCU has grown its membership to over 49,938 with assets of more than $750,832,964. They have a main office and 15 branch offices. Please see the credit unions website or contact them by phone at (800) 877-2345 or email them at feedback1@figfederalcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Los Angeles, CA.

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

Compare Farmers Insurance Group Federal Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Polam CU	Polam FCU	589 N LARCHMONT BLVD	90004	(323) 463-5137	No	1.67
Cedars-sinai CU	Cedar Sinai Federal CU	8700 Beverly Blvd Ste 1631D	90048	(310) 423-5549	No	1.86
Beverly Hills City Employees CU	BEVERLY HILLS CITY EMPLOYEES FEDERAL CREDIT UNION	9298 W 3RD ST	90210	(310) 275-3802	No	2.56
Hanin CU	Main Branch	3700 Wilshire Blvd Ste 104	90010	(213) 368-9000	No	2.56
Jacom CU	los angeles	3037 w jefferson blvd	90018	(323) 731-9358	No	3.33

Farmers Insurance Group Federal Credit Union Financial Performance Charts

Financial Data

Farmers Insurance Group 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	9.73	2.49	1.99	4.35	4.99
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	225	83	21	186	228
Rank Among All California Credit Unions	39	30	12	80	69

Farmers Insurance Group Federal Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.30	0.25	0.60	0.80	0.60
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	89	95	48	207	211
Rank Among All California Credit Unions	10	23	11	54	50

Farmers Insurance Group Federal Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	9.730	15,419	56,172,751
All Other Unsecured Loans/Lines of Credit	9.560	5,154	32,114,369
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	9.080	146	1,564,568
New Vehicle Loans	2.490	1,723	34,277,027
Used Vehicle Loans	1.990	4,247	51,451,556
Total 1st Mortgage Real Estate Loans/Lines of Credit	4.350	692	222,607,965
Total Other Real Estate Loans/Lines of Credit	4.990	785	41,172,402
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	5.590	6,775	233,398,362
TOTAL LOANS & LEASES		34,941	672,759,000

Farmers Insurance Group 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	253	54,773,192	15	3,076,158
b. 15 Years or less	97	27,724,981	4	623,660
Balloon/Hybrid
a. > 15 years	233	86,313,725	23	8,388,350
b. 15 Years or less	34	22,848,227	0	0
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	12	3,156,818	0	0
Adjustable Rate > 1 yr	63	27,791,022	17	6,223,714

OTHER REAL ESTATE

Closed-End Fixed Rate	260	15,993,105	49	3,554,397
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	525	25,179,297	62	5,871,900
Open-End Fixed Rate	0	0	0	0
TOTALS	1,477	263,780,367	170	27,738,179

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	1	2,000,000		0
Interest Only & Payment Option Other RE/LOC Loans	0	0		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Farmers Insurance Group 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	Yes
Check Cashing	Yes
Money Orders	Yes
No Surcharge ATMs	Yes
Home Banking Via Internet Website	Yes