Credit union · NCUA insured
Vocal Credit Union Carrot Score
A $52M credit union headquartered in Helena, MT, with 4,324 members and 2 branches in Montana.
Vocal Credit Union Carrot Score
82
Carrot Score
Higher than 58% of U.S. banks and credit unions
- CDs81
- Savings86
- Auto loans73
- Credit cards76
Each bar is every U.S. bank and credit union, lowest score to highest. Choose a product to see its rates.
Where Vocal 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
81top 46% nationally
| Term | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| 3-8 months | 3.50% | 50% | 3.50% | 3.82% | 4.05% |
| 9-15 months | 3.55% | 43% | 3.70% | 4.00% | 4.25% |
| 16-30 months | 3.60% | 63% | 3.35% | 3.85% | 4.20% |
| 31-60 months | 3.65% | 75% | 3.05% | 3.65% | 4.07% |
| Qualified | 3.65% | 34% | 3.85% | 4.15% | 4.35% |
Best rates 69.1 · all terms 53.1 → 62.7 → 81
Savings
86top 26% nationally
| Balance | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| $1,000 | 1.01% | 86% | 0.20% | 0.50% | 1.51% |
| $10,000 | 1.01% | 73% | 0.50% | 1.15% | 2.20% |
| $100,000 | 1.51% | 66% | 1.00% | 2.01% | 2.93% |
| Qualified | 1.01% | 67% | 0.60% | 1.31% | 2.43% |
Best rates 70.0 · all balances 72.8 → 71.1 → 86
Auto loans
73beats 34% nationally
| Vehicle | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| New vehicle | 5.49% | 31% | 5.00% | 4.74% | 4.25% |
| Used vehicle | 5.49% | 45% | 5.39% | 4.99% | 4.49% |
Best rates 45.2 · all vehicles 38.2 → 42.4 → 73
Credit cards
76beats 41% nationally
| Card | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| Purchase APR | 11.49% | 41% | 10.90% | 9.90% | 8.90% |
Best rates 41.5 · all rates 41.5 → 41.5 → 76
Where the score could improve
- CDs, 9-15 months4.00%3.55% today, higher than 43% of U.S. institutions. 4.00% would reach the top quarter; 4.25% the top 10%.
- CDs, Qualified4.15%3.65% today, higher than 34% of U.S. institutions. 4.15% would reach the top quarter; 4.35% the top 10%.
- CDs, 3-8 months3.82%3.50% today, higher than 50% of U.S. institutions. 3.82% would reach the top quarter; 4.05% the top 10%.
- To score in the 90s3.66%At least one product needs a rate near the best in the country, like 3.66% or more on a 3-8 month CD (3.50% today), and strong rates on its other terms.
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 Vocal Credit Union got its score
Its products stand at 71.1 for savings, 62.7 for CDs, 42.4 for auto loans and 41.5 for credit cards, out of 100. Its best two, savings and CDs, average 66.9. Publishing four products adds 3.0, for 69.9. That puts it in the top 42% nationally: a Carrot Score of 82.
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.