Communication Federal Credit Union

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A short history of Communication FCU

Since its inception in 1939 the Communication Federal Credit Union has been serving its members in the Oklahoma City, Oklahoma 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 Larry Shropshire, the Communication FCU has grown its membership to over 79,149 with assets of more than $1,115,895,509. They have a main office and 21 branch offices. Please see the credit unions website or contact them by phone at (405) 879-5600 or email them at www.cfcu@comfedcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Oklahoma City, OK.

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

Charter Number 3454
Address 4141 NW Expressway, Suite 200 
City Oklahoma City 
State Oklahoma 
Zip-Code 73116
Phone Number (405) 879-5600
Fax Number (405) 879-8698
Email Address: www.cfcu@comfedcu.org
CEO/President Larry Shropshire
Members 79,149 
Full-Time Employees 200 
Part-Time Employees
Number of Branch Offices 21 
Total Assets 1,115,895,509 
Website http://www.comfedcu.org 

Compare Communication Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Integris CU Vital Records 2525 NW Expressway Ste 108 73112 (405) 947-3730 No 2.17
U. S. Employees O. C. CU MAIN OFFICE 4301 S INTERSTATE 44 SERVICE RD 73144 (405) 685-6200 No 2.27
Allegiance CU South OKC Branch 12200 S Western Ave 73170 (405) 789-7900 No 3.22
Oklahoma Educators CU MOORE BRANCH 2120 RIVERWALK DR 73160 (405) 722-2234 No 3.73
Oklahoma CU Main Branch 517 NE 36th St 73105 (405) 524-6467 No 3.96

Communication Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Communication 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 11.41 3.83 6.89 4.08 4.40
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 372 255 535 152 155
Rank Among All Oklahoma Credit Unions 18 27 35 14 6

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.15 0.37 0.97 0.37
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 119 84 179 248
Rank Among All Oklahoma Credit Unions 12 16 8 15 26
Communication Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.41011,11720,450,427
All Other Unsecured Loans/Lines of Credit 12.90015,74840,205,191
Short-Term, Small Amount Loans (STS) (Federal CU Only) 15.0002540
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.8308,510222,672,232
Used Vehicle Loans 6.89024,906363,474,236
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.0801,10695,910,148
Total Other Real Estate Loans/Lines of Credit 4.40081623,276,603
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.5502,96927,974,648
TOTAL LOANS & LEASES 65,174793,964,025

Communication 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 38651,188,378263,726,648
    b. 15 Years or less 47733,707,19011214,101,723
Balloon/Hybrid
    a. > 15 years 141,161,02100
    b. 15 Years or less 266,79800
Other Fixed Rate 2099,193,402422,221,004
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 18593,35941158,056

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 942,136,1291401,220,019
Open-End Fixed Rate 72221,140,4741054,749,435
TOTALS 1,922119,186,75146626,176,885

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

Communication Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
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 Yes
Home Banking Via Internet Website Yes