Telco Credit Union

A short history of Telco CU

Since its inception in 1941 the Telco Credit Union has been serving its members in the TARBORO, 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 Charles Johnson, the Telco CU has grown its membership to over 7,709 with assets of more than $64,008,454. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (252) 823-0119 or email them at generalinfo@telcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in TARBORO, NC.

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

Compare Telco Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Guco CU	Main Office	523 Evans St	27835	(252) 551-1599	No	20.48

Telco Credit Union Financial Performance Charts

Financial Data

Telco 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	11.99	6.70	6.70	4.00	4.00
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	410	535	517	138	100
Rank Among All North Carolina Credit Unions	29	47	43	15	5

Telco Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.72	0.10	0.21	1.38	1.37
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	51	129	112	106	110
Rank Among All North Carolina Credit Unions	3	13	17	6	4

Telco Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	11.990	379	479,764
All Other Unsecured Loans/Lines of Credit	14.300	742	2,236,257
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	6.700	743	20,963,806
Used Vehicle Loans	6.700	900	15,171,097
Total 1st Mortgage Real Estate Loans/Lines of Credit	4.000	65	5,423,216
Total Other Real Estate Loans/Lines of Credit	4.000	51	1,689,754
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	7.300	79	748,333
TOTAL LOANS & LEASES		2,959	46,712,227

Telco 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	45	4,484,277	0	0
b. 15 Years or less	20	938,939	0	0
Balloon/Hybrid
a. > 15 years	0	0	0	0
b. 15 Years or less	0	0	0	0
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	24	949,612	0	0
Closed-End Adjustable Rate	1	2,446	0	0
Open-End Adjustable Rate	26	737,696	0	0
Open-End Fixed Rate	0	0	0	0
TOTALS	116	7,112,970	0	0

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
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

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