Credit union · NCUA insured
Anderson County Federal Credit Union
A $27.4M credit union headquartered in Palestine, TX, with 2,125 members and 1 branch in Texas. Best rates: CDs 3.50% and savings 0.40% APY.
Anderson County Federal Credit Union Carrot Score
65
Carrot Score
Higher than 14% of U.S. banks and credit unions
#4 of 4 in Palestine, TX metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Anderson County Federal Credit Union
Founded in 1954 and based in Palestine, Texas, Anderson County Federal Credit Union is a cooperative, not-for-profit financial institution owned and operated by its members.
Originally established as Palestine Knox Glass Credit Union, it was renamed Glass Container Palestine Credit Union in 1969 before becoming Anderson County Federal Credit Union in 1973.
The credit union is dedicated to serving the residents and community of Anderson County.
- Headquarters
- 2307 W Oak St, Palestine, TX 75801-4063
- NCUA charter
- 9880
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to individuals who live, work, worship, attend school, or volunteer in the community in Anderson County.
Family and household
- Membership is open to members of the immediate family or household of eligible individuals.
- Membership is open to spouses of persons who died while within the field of membership of the credit union.
Branches
1 branch in Texas
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Texas
1 branch
- Anderson County Federal Credit UnionMain office2307 W Oak St, Palestine, TX 75801Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 17.24% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 2.32% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.75% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $40 | $59 | — |
- CapitalNet worth ratio17.24%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late2.32%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.75%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$40Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Anderson County Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.