Credit union · NCUA insured
Frontwave Credit Union Carrot Score
A $1.8B credit union, the 288th largest of 4,329, headquartered in Oceanside, CA, with 127,939 members and 13 branches in California.
Frontwave Credit Union Carrot Score
85
Carrot Score
Higher than 70% of U.S. banks and credit unions
- CDs83
- Savings72
- Auto loans83
- Credit cards87
Each bar is every U.S. bank and credit union, lowest score to highest. Choose a product to see its rates.
Where Frontwave Credit Union ranks
By Carrot score, in each area where it has branches
Scores run from 60 to 99; 90 and up means rates near the best in the country. Top Carrot marks a score of 87 or more, the top quarter of U.S. banks and credit unions. It’s about rates only, not safety, service or who can join.
By product
How each product scores
How its rates compare with every U.S. bank and credit union. Open a product to see them.
CDs
83top 38% nationally
| Term | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| 3-8 months | 3.25% | 39% | 3.50% | 3.82% | 4.05% |
| 9-15 months | 3.80% | 58% | 3.70% | 4.00% | 4.25% |
| 16-30 months | 4.15% | 88% | 3.35% | 3.85% | 4.20% |
| 31-60 months | 2.25% | 24% | 3.05% | 3.65% | 4.07% |
| Qualified | 4.15% | 76% | 3.85% | 4.15% | 4.35% |
Best rates 73.1 · all terms 59.7 → 67.7 → 83
Savings
72beats 32% nationally
| Balance | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| $1,000 | 0.05% | 16% | 0.20% | 0.50% | 1.51% |
| $10,000 | 0.25% | 33% | 0.50% | 1.15% | 2.20% |
| $100,000 | 2.00% | 74% | 1.00% | 2.01% | 2.93% |
| Qualified | 0.25% | 28% | 0.60% | 1.31% | 2.43% |
Best rates 30.2 · all balances 36.5 → 32.7 → 72
Auto loans
83top 38% nationally
| Vehicle | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| New vehicle | 4.74%counts as 4.99% | 59% | 5.00% | 4.74% | 4.25% |
| Used vehicle | 4.74%counts as 4.99% | 71% | 5.39% | 4.99% | 4.49% |
Best rates 71.3 · all vehicles 65.2 → 68.8 → 83
Credit cards
87top 22% nationally
| Card | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| Purchase APR | 9.50% | 79% | 10.90% | 9.90% | 8.90% |
Best rates 78.8 · all rates 78.8 → 78.8 → 87
Where the score could improve
- Auto loans, New vehicle4.74%4.74% today, lower than 59% of U.S. institutions. 4.74% would reach the top quarter; 4.25% the top 10%.
- Auto loans, Used vehicle4.99%4.74% today, lower than 71% of U.S. institutions. 4.99% would reach the top quarter; 4.49% the top 10%.
- Savings, $10,0001.15%0.25% today, higher than 33% of U.S. institutions. 1.15% would reach the top quarter; 2.20% the top 10%.
- To score in the 90sIts CDs already have a rate near the best in the country (4.15% at 16-30 months); its other CDs rates need to rank near the top too, so the weaker ones above matter most.
Scores update as rates change. Institutions can correct a rate we show; payment never changes a score.
Method
How the score works
- Each product gets a standingWe compare its CD, savings, auto loan and credit card rates with every bank and credit union in the U.S. and give each product a standing out of 100. Its best rates count the most. For loans and cards, lower rates rank higher.
- Its two best products set the scoreWe average its two strongest products. Each extra product it publishes adds 1.5 points, so sharing more rates can only help.
- Its rank puts it on the 60–99 scaleWe rank that number against every scored bank and credit union in the country to get a score from 60 to 99. The top quarter earn Top Carrot.
How Frontwave Credit Union got its score
Its products stand at 78.8 for credit cards, 68.8 for auto loans, 67.7 for CDs and 32.7 for savings, out of 100. Its best two, credit cards and auto loans, average 73.8. Publishing four products adds 3.0, for 76.8. That puts it in the top 30% nationally: a Carrot Score of 85.
The fine print: inside each product, its best rates make up 60% of its standing and all its rates the rest. Its best rates are its two best CD terms, its $10,000 and Qualified savings or money market rates, the better of its new and used auto loan rates, and its credit card purchase rate. The Qualified rate is the best $10,000 rate you can get by opening another account or meeting monthly requirements (or the standard rate, if that’s higher). Rates that need monthly activity get half credit for the extra they pay, and rates that need a combined balance count only from that balance. We subtract monthly fees and count an intro rate at what it earns over a full year. Accounts for kids, students, seniors, businesses, IRAs and health savings aren’t scored.