Telco Community Credit Union

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A short history of Telco Community CU

Since its inception in 1935 the Telco Community Credit Union has been serving its members in the ASHEVILLE, 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 David Burnette, the Telco Community CU has grown its membership to over 26,463 with assets of more than $173,926,102. They have a main office and 9 branch offices. Please see the credit unions website or contact them by phone at (828) 252-6458 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 ASHEVILLE, NC.

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

Charter Number 63545
State North Carolina 
Zip-Code 28806
Phone Number (828) 252-6458
Fax Number (828) 255-9347
Email Address:
CEO/President David Burnette
Members 26,463 
Full-Time Employees 52 
Part-Time Employees 30 
Number of Branch Offices
Total Assets 173,926,102 

Compare Telco Community Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Arcade CU Arcade Credit Union 151 Patton Ave Ste 280 28801 (828) 254-1582 No 3.85
Oteen V. A. CU VA Hospital 1100 Tunnel Rd Unit 24 28805 (828) 298-8521 No 7.73
Champion CU Champion CU - Arden 2311 Hendersonville Rd 28704 (828) 274-2040 No 12.51
Mountain CU Mountain Credit Union 30 Highway 107 28779 (828) 586-0425 No 20.87
Ecusta CU Main Office 2074 Asheville Hwy 28768 (828) 884-7283 No 21.37

Telco Community Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Telco Community 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 10.90 3.10 5.30 3.20 8.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 156 361 41 475
Rank Among All North Carolina Credit Unions 24 17 33 3 29

Telco Community Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.30 0.35 0.60 0.75
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 88 89 240 192
Rank Among All North Carolina Credit Unions N/A 7 14 22 12
Telco Community Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9003,4204,564,621
All Other Unsecured Loans/Lines of Credit 15.0001,3351,118,366
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.10065613,069,260
Used Vehicle Loans 5.3004,53042,647,147
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.20045949,425,985
Total Other Real Estate Loans/Lines of Credit 8.0001703,818,607
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.0004952,962,550
TOTAL LOANS & LEASES 11,065117,606,536

Telco Community 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 17223,639,910365,875,100
    b. 15 Years or less 25019,428,419303,845,550
    a. > 15 years 81,436,01000
    b. 15 Years or less 81,590,69200
Other Fixed Rate 3165,1402394,000
Adjustable Rate 1 yr or less 3136,34000
Adjustable Rate > 1 yr 153,029,4741215,000


Closed-End Fixed Rate 581,086,5828155,000
Closed-End Adjustable Rate 17586,8534135,450
Open-End Adjustable Rate 952,145,1727151,107
Open-End Fixed Rate 0000
TOTALS 62953,244,5928810,771,207


Interest Only & Payment Option 1st Mortgage Loans 3165,140394,000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Telco Community 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 Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes