First Flight Federal Credit Union

A short history of First Flight FCU

Since its inception in 1952 the First Flight Federal Credit Union has been serving its members in the CARY, North Carolina 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 Allen Fallon, the First Flight FCU has grown its membership to over 21,782 with assets of more than $195,784,928. They have a main office and 8 branch offices. Please see the credit unions website or contact them by phone at (919) 851-5690 or email them at info@firstflightfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CARY, NC.

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

Compare First Flight Federal Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
North Carolina Press Association CU	Corporate Office	119 N Salisbury St	27690	(919) 839-5338	No	7.12
State Employees' CU	THOMASVILLE	1700 LIBERTY DR	27360	(336) 476-2977	No	7.35
Local Government CU	Corporate Office	323 W Jones St Ste 600	27603	(919) 755-0534	No	7.87
Shaw University CU	201 TUPPER HALL	118 E South St	27601	(919) 546-8440	No	7.96
Welcome CU	Main Branch	10810 Chapel Hill Rd	27560	(919) 474-3240	No	10.42

First Flight Federal Credit Union Financial Performance Charts

Financial Data

First Flight 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	N/A	3.14	3.74	2.75	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	N/A	160	174	13	100
Rank Among All North Carolina Credit Unions	N/A	18	18	1	5

First Flight 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	0.40	2.35	0.10
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	76	23	283
Rank Among All North Carolina Credit Unions	N/A	13	12	1	27

First Flight Federal Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	0.000	0	0
All Other Unsecured Loans/Lines of Credit	7.750	2,507	10,361,690
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	3.140	1,194	33,352,060
Used Vehicle Loans	3.740	4,036	54,344,602
Total 1st Mortgage Real Estate Loans/Lines of Credit	2.750	270	23,863,418
Total Other Real Estate Loans/Lines of Credit	4.000	283	7,222,659
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	6.990	962	19,893,474
TOTAL LOANS & LEASES		9,252	149,037,903

First Flight 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	107	12,667,730	23	3,577,500
b. 15 Years or less	159	9,061,277	10	919,450
Balloon/Hybrid
a. > 15 years	0	0	0	0
b. 15 Years or less	4	2,134,411	0	0
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	0	0	0	0
Adjustable Rate > 1 yr	0	0	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	65	1,691,941	0	0
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	218	5,530,718	16	302,047
Open-End Fixed Rate	0	0	0	0
TOTALS	553	31,086,077	49	4,798,997

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	2	444,434		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

First Flight Federal Credit Union Member Offerings

First Time Homebuyer Program	Yes
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	No
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	Yes
Money Orders	Yes
No Surcharge ATMs	No
Home Banking Via Internet Website	Yes