Charlotte Metro Federal Credit Union

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A short history of Charlotte Metro FCU

Since its inception in 1962 the Charlotte Metro Federal Credit Union has been serving its members in the CHARLOTTE, 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 Bob Bruns, the Charlotte Metro FCU has grown its membership to over 53,273 with assets of more than $449,469,677. They have a main office and 8 branch offices. Please see the credit unions website or contact them by phone at (704) 375-0183 or email them at info@cmcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CHARLOTTE, NC.

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

Charter Number 24808
Address 718 CENTRAL AVE 
City CHARLOTTE 
State North Carolina 
Zip-Code 28204
Phone Number (704) 375-0183
Fax Number (704) 376-2716
Email Address: info@cmcu.org
CEO/President Bob Bruns
Members 53,273 
Full-Time Employees 130 
Part-Time Employees
Number of Branch Offices
Total Assets 449,469,677 
Website http://www.cmcu.org 

Compare Charlotte Metro Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Charlotte Fire Department CU CorporateOffice 2100 Commonwealth Ave 28205 (704) 375-3950 No 0.95
First Legacy Community CU Gastonia 405 S Chester ST 28052 (704) 917-0115 No 2.87
Blue Flame CU Charlotte 4301 Yancey Rd 28220 (704) 523-0075 No 3.74
Carolinas Telco CU Crisman Street 2821 Crisman St 28266 (704) 391-5600 No 3.82
Nova CU Carolina Postal Credit Union 3601 Mulberry Church Rd 28208 (704) 392-3418 No 5.31

Charlotte Metro Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Charlotte Metro 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 8.70 2.19 2.44 3.38 3.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 134 50 45 58 74
Rank Among All North Carolina Credit Unions 7 5 5 6 4

Charlotte Metro Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.10 0.40 1.00 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 129 76 174 266
Rank Among All North Carolina Credit Unions 10 13 12 9 23
Charlotte Metro Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.7008,61329,227,241
All Other Unsecured Loans/Lines of Credit 17.95010,27910,478,617
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.1901,11420,817,424
Used Vehicle Loans 2.4405,29966,904,241
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.380883166,505,546
Total Other Real Estate Loans/Lines of Credit 3.7501,13127,991,427
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.1004924,475,349
TOTAL LOANS & LEASES 27,811326,399,845

Charlotte Metro 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 12917,713,2751108,000
    b. 15 Years or less 27629,901,945395,485,950
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 244,025,70192,449,600
Adjustable Rate > 1 yr 454114,864,6255017,277,697

OTHER REAL ESTATE

Closed-End Fixed Rate 621,749,980161,138,400
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,06926,241,4471503,910,079
Open-End Fixed Rate 0000
TOTALS 2,014194,496,97326530,369,726

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

Charlotte Metro 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 No
No Surcharge ATMs No
Home Banking Via Internet Website Yes