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Howard County Education Federal Credit Union

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Howard County Education Federal Credit Union Rates & Review October 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Howard County Education Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 13, 2026

Howard County Education Federal Credit Union's top rate as of October 13, 2026 is auto loans from 6.49% APR, according to rates verified by MonitorBankRates. MonitorBankRates evaluates the financial stability of Howard County Education Federal Credit Union with a 5.0 Star Rating, an A- Overall Health Grade, and a Texas Ratio of 14.33%. Rates last updated and verified on 10/13/2026.

Howard County Education 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 Howard County Education Federal Credit Union? Share your experience about Howard County Education Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Howard County Education Federal Credit Union.

Verified Healthy Q2 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A-

Very Good Health Score: 93/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

14.33%

Excellent Higher than avg

Health Trend

Steady 12 quarters

Full history ›

Howard County Education Federal Credit Union
Howard County Education Federal Credit Union

3458 Ellicott Center Dr Ste 106
Ellicott City, MD 21043-4178

https://www.hctafcu.org

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Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Howard County Education Federal Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term
New & Used Vehicle Loans - 2021 - 2026 Models Only	-	-	6.49%	Up to 72 Months
Details Effective Date: September 10, 2026; Used Vehicles must be 2021 models or newer; Restrictions apply and not all applicants are guaranteed to qualify; No down payments required on any auto loans Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 6.49% APR Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
New & Used Vehicle Loans - 2021 Models	-	-	6.49%	Up to 60 Months
Details Effective Date: September 10, 2026; Used Vehicles must be 2021 models or newer; Restrictions apply and not all applicants are guaranteed to qualify; No down payments required on any auto loans Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 6.49% APR Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
New & Used Vehicle Loans - All New Vehicles	-	-	6.49%	Up to 60 Months
Details Effective Date: September 10, 2026; Restrictions apply and not all applicants are guaranteed to qualify; No down payments required on any auto loans Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 6.49% APR Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
New & Used Vehicle Loans - All New Vehicles	-	-	6.49%	Up to 72 Months
Details Effective Date: September 10, 2026; Restrictions apply and not all applicants are guaranteed to qualify; No down payments required on any auto loans Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 6.49% APR Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
New Begginings Auto Loan	-	-	16.49%	60 months
Details Amount: Up to $20,000; Effective Date: September 10, 2026; Models 2021 and newer only; 6 months of good payment history with NB Loan or 6 months CU member in good standing; Payment must be made through payroll deduction or ACH Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 16.49% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
New Beginnings Auto Loan	-	-	16.49%	Up to 60 Months
Details Model Year: No older than 2021 Models; Limit: $20,000; Effective Date: September 10, 2026; Payment must be made through payroll deduction or ACH; Member must have at least 6 months good payment history with a New Beginnings Auto Loan or be an HCE credit union member for 6 months in good standing Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 16.49% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%

Howard County Education Federal Credit Union Other Rates

Product	Rate	Points	APY/APR	Term
Back to School Loan	-	-	9.99%	12 Months
Details Amount: $1,500; Effective Date: July 15, 2026 Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 9.99% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
ENTERPRISE & Howard County Education FCU - 2021 - 2026 Models Loan	-	-	5.99%	Up to 60 Months
Details Effective Date: September 10, 2026; Pre-approval by Howard County Education FCU required; mention HCE Credit Union membership at Glen Burnie or Ellicott City Enterprise Car Sales; Rates subject to change Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 5.99% APR Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
Home Improvements Loan	-	-	10.99%	48 Months
Details Amount: Up to $10,000; Effective Date: July 15, 2026; Must have an Equifax score of 680+ Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 10.99% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
Honey Pot Money Loan	-	-	13.90%	5 Months
Details Amount: $500; Must be a member of the Credit Union for 3 months prior to loan approval; may be approved once per 12 month period; payments must be made through payroll deduction or ACH Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 13.90% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
New Beginnings Loan	-	-	17.99%	12 months
Details Amount: $1,200; Effective Date: November 17, 2025; Payments must be made through payroll deductions or ACH; Must be a credit union member for at least 6 months to apply Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 17.99% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
No Credit Loan	-	-	15.00%	12 Months
Details Personal/Signature Loan; Amount: $1,200; For those with no credit history Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 15.00% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
Platinum Loan	-	-	10.99%	Up to 5 Years
Details Loan amount: $10,001 - $20,000; Must have an Equifax credit score of 680+; Monthly payment per $1k: $21.74 Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 10.99% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
Second Beginnings Loan	-	-	16.99%	18 months
Details Amount: $1,800; Effective Date: November 17, 2025; For members who have successfully completed paying off a New Beginnings Loan; No late payments on previous or current NB Loan; Must be an ACH or payroll deduction payment Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 16.99% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
Tuition Loan	-	-	8.50%	48 Months
Details Amount: Up to $10,000; Effective Date: July 15, 2026 Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 8.50% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
Vacation Loan	-	-	10.99%	Up to 30 months
Details Additional APR listed for this product: 12.99%, 13.99%. Amount: $1,001 - $6,000; Effective Date: July 15, 2026; Now available year round Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 10.99% APR · checked 8 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
IRA Share Account	0.40%	-	0.401%
Details Effective Date: November 17, 2025 Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 0.40% APY · checked 6 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%
Share Account	0.40%	-	0.401%
Details Effective Date: November 17, 2025 Last Updated 10/12/2026 Rate History No change since Sep 12, 2026 · 0.40% APY · checked 7 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.33%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Howard County Education Federal Credit Union’s Texas Ratio rose from 6.22% in Q3 2023 to 14.33% in Q2 2026, so its financial health has held steady at a healthy level over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0 and its Health Grade from A to A-. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$25M	14.33%	5.0	A-
March 31, 2026	$25M	16.73%	4.9	A-
December 31, 2025	$25M	11.52%	5.0	A
September 30, 2025	$25M	6.18%	5.0	A
June 30, 2025	$25M	10.63%	5.0	A
March 31, 2025	$26M	8.39%	5.0	A
December 31, 2024	$25M	10.51%	5.0	A
September 30, 2024	$25M	7.14%	5.0	A
June 30, 2024	$26M	4.42%	5.0	A+
March 31, 2024	$26M	7.55%	5.0	A
December 31, 2023	$25M	3.65%	5.0	A+
September 30, 2023	$25M	6.22%	5.0	A

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Howard County Education 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 Howard County Education 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 Howard County Education Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Howard County Education Federal Credit Union

Website https://www.hctafcu.org

Address 3458 Ellicott Center Dr Ste 106, Ellicott City, MD 21043-4178

Phone 410-461-4672

Fax 410-461-4691

President Julian Katz

CEO Janet Oursler

Full-Time Employees 7

Part-Time Employees 2

Branch Locations 1

ATM Locations 0

NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A- (93/100)

Texas Ratio

14.33%

Return on Assets (ROA)

0.3919%

Return on Equity (ROE)

3.5180%

Non-Performing Loans Ratio (NPL)

2.76%

Total Assets

24,987,253

Total Amount of Shares and Deposits

22,114,047

Total Shares and Deposits < 1 Year

22,114,047

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

258,010

Total Uninsured Shares and Deposits > $250K (F+J)

258,010

Total Insured Shares and Deposits > $250K (item 17 less item K)

21,856,037

Total Interest Expense (Sum of items 6 8)

68,125

Share Certificates

Number of Accounts for Share Drafts

1,450

IRA KEOGH Accounts

Number of Accounts for Regular Shares

4,357

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

2,141,363

Total Liabilities

22,203,516

Source: NCUA — Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Howard County Education Federal Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

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Frequently Asked Questions About Howard County Education Federal Credit Union

How many branches does Howard County Education Federal Credit Union operate?

Howard County Education 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 Howard County Education Federal Credit Union?

Yes, to access services at Howard County Education 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, Howard County Education 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, Howard County Education Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Howard County Education Federal Credit Union offer online and mobile banking?

Most modern institutions like Howard County Education 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.hctafcu.org.