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IBEW Local #681 Credit Union

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IBEW Local #681 Credit Union Rates & Review April 2026

Q: Is a member application needed to join IBEW Local #681 Credit Union?

Yes, to access services at IBEW Local #681 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.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, IBEW Local #681 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: April 23, 2026

You can compare IBEW Local #681 Credit Union rates to other rates in our database, including 12-month share certificate rates currently at 3.75%, 6-month share certificate rates at 0.10% and 3-month share certificate rates at 0.10%. Savings rates are at 0.15% and money market rates are at 0.03%. Mortgage rates on 30-year fixed loans are around 5.54%. All these rates can be compared to IBEW Local #681 Credit Union rates. MonitorBankRates evaluates the financial stability of IBEW Local #681 Credit Union with a 1.0 Star Rating, an F Overall Health Grade, and a Texas Ratio of 86.78%. Rates were last updated on 04/23/2026.

IBEW Local #681 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 IBEW Local #681 Credit Union? Share your experience about IBEW Local #681 Credit Union by leaving a review below, or read customer reviews before you decide to use IBEW Local #681 Credit Union.

Overall Health & Safety Grade

High Risk Health Score: 17/100

MonitorBankRates Rating

1.0

Weak Out of 5.0 Stars

Texas Ratio

86.78%

Weak Higher than avg

IBEW Local #681 Credit Union
IBEW Local 681 Credit Union

6111 Old Jacksboro Hwy
Wichita Falls, TX 76302 5503

Current Rate Availability

We do not have IBEW Local #681 Credit Union rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for IBEW Local #681 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 IBEW Local #681 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 IBEW Local #681 Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name IBEW Local #681 Credit Union

Website

Address 6111 Old Jacksboro Hwy, Wichita Falls, TX 76302 5503

Phone 940-723-1277

Fax 940-723-9301

President Matt Wachsmann

CEO Crystal Gilley

Full-Time Employees 0

Part-Time Employees 1

Branch Locations 1

ATM Locations 0

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

1.0 / 5.0 ★

Overall Health & Safety Grade

F (17/100)

Texas Ratio

86.78%

Return on Assets (ROA)

-2.6669%

Return on Equity (ROE)

-50.3943%

Non-Performing Loans Ratio (NPL)

13.63%

Total Assets

654,131

Total Amount of Shares and Deposits

617,777

Total Shares and Deposits < 1 Year

617,777

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

617,777

Number of Accounts for Regular Shares

328

Net Income (unless the amount is already included in Undivided Earnings)

-17,445

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

236,795

Total Liabilities

619,514

Source: NCUA — Last Updated 09/30/2025

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Frequently Asked Questions About IBEW Local #681 Credit Union

Is IBEW Local #681 Credit Union a safe place to deposit money?

Yes, IBEW Local #681 Credit Union is considered a safe financial institution. With a Texas Ratio of 86.776457508165%, the institution's financial health is rated as stable. 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 IBEW Local #681 Credit Union operate?

IBEW Local #681 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 IBEW Local #681 Credit Union?

Yes, to access services at IBEW Local #681 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, IBEW Local #681 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, IBEW Local #681 Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does IBEW Local #681 Credit Union offer online and mobile banking?

Most modern institutions like IBEW Local #681 Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online.