Rocket Federal Credit Union

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A short history of Rocket FCU

Since its inception in 1954 the Rocket Federal Credit Union has been serving its members in the MCGREGOR, 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 Terry Sloan, the Rocket FCU has grown its membership to over 2,487 with assets of more than $17,592,444. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (254) 840-2873 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 MCGREGOR, TX.

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

Charter Number 9799
Address PO BOX 235 
State Texas 
Zip-Code 76657
Phone Number (254) 840-2873
Fax Number (254) 840-3412
Email Address: none
CEO/President Terry Sloan
Members 2,487 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 17,592,444 

Compare Rocket Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
C-t Waco CU Main (Only) Office CT Waco Federal Credit Union 76702 (254) 772-2774 No 12.56
Texas Farm Bureau CU Texas Farm Bureau FCU 7420 Fish Pond Rd 76702 (254) 751-2585 No 12.70
Educators CU ROBINSON 641 N ROBINSON Dr 76706 (254) 662-9595 No 13.26
First Central CU Hillsboro Branch 305 Coke Ave 76645 (254) 582-2489 No 13.72
Heart O' Texas CU Cove 2410 E Business 190 76522 (254) 547-1072 No 14.49

Rocket Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Rocket 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 10.50 2.50 2.99 3.00 N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 297 84 91 26 N/A
Rank Among All Texas Credit Unions 63 27 38 5 N/A

Rocket 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 N/A 0.30 0.35
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 N/A 302 250
Rank Among All Texas Credit Unions N/A 34 N/A 105 64
Rocket Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.500252260,948
All Other Unsecured Loans/Lines of Credit 8.950309466,218
Short-Term, Small Amount Loans (STS) (Federal CU Only) 20.000123,849
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.5001443,710,732
Used Vehicle Loans 2.9903643,646,936
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.000624,915,191
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.5001701,823,829
TOTAL LOANS & LEASES 1,31314,827,703

Rocket 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 5499,2942261,848
    b. 15 Years or less 5486,9514482,045
    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 523,928,9465870,654


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 624,915,191111,614,547


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

Rocket 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 No
Home Banking Via Internet Website Yes