Welcome Federal Credit Union

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A short history of Welcome FCU

Since its inception in 1974 the Welcome Federal Credit Union has been serving its members in the MORRISVILLE, 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 Cynthia Jenkins, the Welcome FCU has grown its membership to over 8,787 with assets of more than $88,412,830. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (919) 474-3240 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 MORRISVILLE, NC.

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

Charter Number 24807
Address PO BOX 830 
State North Carolina 
Zip-Code 27560
Phone Number (919) 474-3240
Fax Number (919) 474-0562
Email Address: none
CEO/President Cynthia Jenkins
Members 8,787 
Full-Time Employees 28 
Part-Time Employees
Number of Branch Offices
Total Assets 88,412,830 
Website http://www.welcomecu.org 

Compare Welcome Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
R T P CU Cary Branch 915 N Harrison Ave 27709 (919) 460-8911 No 5.50
First Flight CU Cary Corporate Headquarters 1815 Kildaire Farm Rd 27518 (919) 851-5690 No 8.62
State Employees' CU THOMASVILLE 1700 LIBERTY DR 27360 (336) 476-2977 No 9.60
Mount Vernon Baptist Church CU MVBC Education Bldg. 1007 S Roxboro St 27707 (919) 688-1823 No 9.67
Latino Community CU Charlotte Branch I 3130 Milton Rd 28215 (704) 531-0201 No 10.36

Welcome Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Welcome 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 8.99 1.95 2.25 4.61 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 159 31 36 219 341
Rank Among All North Carolina Credit Unions 11 3 3 22 19

Welcome Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.03 0.15 0.67 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 N/A 148 124 231 211
Rank Among All North Carolina Credit Unions N/A 16 19 20 15
Welcome Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.9903141,176,026
All Other Unsecured Loans/Lines of Credit 14.0008642,202,066
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.95060712,534,786
Used Vehicle Loans 2.2501,43015,769,156
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.6108712,635,575
Total Other Real Estate Loans/Lines of Credit 6.0002149,225,516
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.2502083,407,279
TOTAL LOANS & LEASES 3,72456,950,404

Welcome 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 487,703,1996864,500
    b. 15 Years or less 222,039,2272227,438
    a. > 15 years 5771,57200
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 81,121,09300
Adjustable Rate > 1 yr 41,000,4841350,000


Closed-End Fixed Rate 472,516,5406428,450
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1676,708,97665666,688
Open-End Fixed Rate 0000
TOTALS 30121,861,091802,537,076


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

Welcome Federal Credit Union Member Offerings
First Time Homebuyer Program No
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 No
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes