Monroe Telco Federal Credit Union

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A short history of Monroe Telco FCU

Since its inception in 1936 the Monroe Telco Federal Credit Union has been serving its members in the Monroe, Louisiana 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 Patricia Morris, the Monroe Telco FCU has grown its membership to over 4,275 with assets of more than $42,939,601. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (318) 397-4243 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 Monroe, LA.

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

Charter Number 1725
Address P. O. Box 4867 
City Monroe 
State Louisiana 
Zip-Code 71211
Phone Number (318) 397-4243
Fax Number (318) 397-4271
Email Address: none
CEO/President Patricia Morris
Members 4,275 
Full-Time Employees 11 
Part-Time Employees
Number of Branch Offices
Total Assets 42,939,601 
Website http://www.monroetelcofcu.org 

Compare Monroe Telco Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
West Monroe CU West Monroe FCU 211 Cypress St 71291 (318) 387-2896 No 0.68
Ouachita Valley CU Ouachita Valley FCU 3170 Sterlington Rd 71203 (318) 807-1602 No 1.51
Federal Employees CU MAIN OFFICE 416 SHERIDAN AVE 71211 (318) 387-3215 No 2.45
Centric CU Ruston Centric Center 1514 Eagle Drive 71270 (318) 251-9770 No 2.50
Louisiana Machinery Employees CU Louisiana Machinery Employees Federal Credit Union 2414 Ferrand St Ste 4 71201 (318) 342-9722 No 4.63

Monroe Telco Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Monroe Telco 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 12.90 4.53 6.47 5.38 9.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 452 345 496 313 500
Rank Among All Louisiana Credit Unions 50 66 71 45 53

Monroe Telco 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 0.63 0.20
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 236 271
Rank Among All Louisiana Credit Unions N/A 41 N/A 39 40
Monroe Telco Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.9007071,013,385
All Other Unsecured Loans/Lines of Credit 12.2205641,295,077
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.5301232,895,067
Used Vehicle Loans 6.4704736,470,695
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.380281,362,770
Total Other Real Estate Loans/Lines of Credit 9.000131,036
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.1501752,203,603
TOTAL LOANS & LEASES 2,07115,271,633

Monroe Telco 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 0000
    b. 15 Years or less 281,362,7701107,000
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 131,03600
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 291,393,8061107,000

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

Monroe Telco 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 Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes