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iAdvertiser Disclosure
Advertiser Disclosure
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 ElecTel Cooperative Federal Credit Union Rates & Review April 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated: April 18, 2026
ElecTel Cooperative Federal Credit Union's IRA CD (18 Month) rates are at 4.15%, CD (18 Month) rates are at 4.15%, IRA CD (12 Month) rates are at 4.00%, CD (12 Month) rates are at 4.00%, IRA CD (36 Month) rates are at 3.90%. ElecTel Cooperative Federal Credit Union's savings rates are at 0.50%. ElecTel Cooperative Federal Credit Union's money market rates are at 2.27%. ElecTel Cooperative Federal Credit Union's Personal Loan Rates are at 4.50%. MonitorBankRates evaluates the financial stability of ElecTel Cooperative Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.21%. Rates were last updated on 04/18/2026. ElecTel Cooperative Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at ElecTel Cooperative Federal Credit Union? Share your experience about ElecTel Cooperative Federal Credit Union by leaving a review below, or read customer reviews before you decide to use ElecTel Cooperative Federal Credit Union. ElecTel Cooperative Federal Credit Union
Raleigh 3400 Sumner Blvd
https://www.electel.org Raleigh, NC 27616 
ElecTel Cooperative Federal Credit Union CD Rates
ElecTel Cooperative Federal Credit Union Savings Rates
ElecTel Cooperative Federal Credit Union Money Market Rates
ElecTel Cooperative Federal Credit Union Checking Rates
ElecTel Cooperative Federal Credit Union Home Equity & HELOC
ElecTel Cooperative Federal Credit Union Auto Loan Rates
ElecTel Cooperative Federal Credit Union Credit Card Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for ElecTel Cooperative Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather ElecTel Cooperative Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with ElecTel Cooperative Federal Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
ElecTel Cooperative Federal Credit Union
Website
https://www.electel.org
Address
3400 Sumner Blvd,
Raleigh, NC 27616
Phone
800-849-5600
Fax
919-876-8018
President
Eddie Durham
CEO
Scott Armstrong
Full-Time Employees
11
Part-Time Employees
1
Branch Locations
5
ATM Locations
0
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
1.21%
Return on Assets (ROA)
0.4714%
Return on Equity (ROE)
3.5463%
Non-Performing Loans Ratio (NPL)
0.25%
Total Assets
64,414,140
Total Amount of Shares and Deposits
55,852,070
Total Shares and Deposits < 1 Year
50,889,845
Total Shares and Deposits 1 3 Years
4,962,225
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
1,668,134
Total Uninsured Shares and Deposits > $250K (F+J)
1,668,134
Total Insured Shares and Deposits > $250K (item 17 less item K)
54,183,936
Total Interest Expense (Sum of items 6 8)
723,667
Share Certificates
500
Number of Accounts for Share Drafts
3,706
IRA KEOGH Accounts
66
Number of Accounts for Regular Shares
7,591
All other shares
944
Non Member Deposits
7
Money Market Shares
418
Net Income (unless the amount is already included in Undivided Earnings)
303,610
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
2,880,502
Total Liabilities
55,852,070
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About ElecTel Cooperative Federal Credit UnionIs ElecTel Cooperative Federal Credit Union a safe place to deposit money?Yes, ElecTel Cooperative Federal Credit Union is considered a safe financial institution. With a Texas Ratio of 1.2137835827084%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category. How many branches does ElecTel Cooperative Federal Credit Union operate?ElecTel Cooperative Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is a member application needed to join ElecTel Cooperative Federal Credit Union?Yes, to access services at ElecTel Cooperative Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations. Is there a first-time homebuyer program?Currently, ElecTel Cooperative Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, ElecTel Cooperative Federal Credit Union provides members with tools to manage their accounts and build a solid financial history. Does ElecTel Cooperative Federal Credit Union offer online and mobile banking?Most modern institutions like ElecTel Cooperative Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.electel.org. Current ElecTel Cooperative Federal Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
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