Nascoga Federal Credit Union

A short history of Nascoga FCU

Since its inception in 1956 the Nascoga Federal Credit Union has been serving its members in the Gainesville, 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 Don Wood, the Nascoga FCU has grown its membership to over 6,557 with assets of more than $91,875,783. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (940) 665-1797 or email them at nascoga1@suddenlinkmail.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Gainesville, TX.

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

Compare Nascoga Federal Credit Union To Other Local Credit Unions

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Nascoga Federal Credit Union Financial Performance Charts

Financial Data

Nascoga 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	9.90	3.24	4.19	4.40	4.75
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	243	173	225	195	200
Rank Among All Texas Credit Unions	50	63	82	56	35

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

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.10	0.25	0.20	0.60	1.00
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	95	114	240	158
Rank Among All Texas Credit Unions	31	34	24	81	31

Nascoga Federal Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	9.900	679	692,595
All Other Unsecured Loans/Lines of Credit	10.150	423	809,737
Short-Term, Small Amount Loans (STS) (Federal CU Only)	26.000	40	23,470
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	3.240	456	10,958,738
Used Vehicle Loans	4.190	939	13,260,745
Total 1st Mortgage Real Estate Loans/Lines of Credit	4.400	225	20,634,052
Total Other Real Estate Loans/Lines of Credit	4.750	86	4,888,412
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	6.640	381	4,510,639
TOTAL LOANS & LEASES		3,229	55,778,388

Nascoga 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	5	945,585	2	416,000
b. 15 Years or less	66	5,946,901	5	765,300
Balloon/Hybrid
a. > 15 years	141	11,331,974	22	2,358,706
b. 15 Years or less	13	2,409,592	10	2,130,500
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	0	0	0	0
Adjustable Rate > 1 yr	0	0	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	86	4,888,412	10	753,100
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	0	0	0	0
Open-End Fixed Rate	0	0	0	0
TOTALS	311	25,522,464	49	6,423,606

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	13	2,409,592		2,130,500
Interest Only & Payment Option Other RE/LOC Loans	0	0		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Nascoga 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	Yes
ATM/Debit Card Program	Yes
Interest Only and Payment Option 1st Mortgage Loans	Yes
Check Cashing	Yes
Money Orders	No
No Surcharge ATMs	No
Home Banking Via Internet Website	Yes