Vapr Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_rated_halfstar_normal by CUHub
Review based on 12 criteria Rating: 3.5 out of 5

P.O.BOX 33017, San Juan, PR 00933-3017

Website

(787) 773-7600

Data Source: NCUA, June 30, 2016


Vapr Federal Credit Union was founded in 1950. Headquartered in San Juan, Puerto Rico, Vapr Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Vapr Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB) , which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of June 30, 2016, Vapr Federal Credit Union services 19,567 members through its 4 offices and branches and 50 full-time and 1 part-time employees. It has $214,910,877 of total assets and $16,929,273 of net worth. Based on its asset size and net worth ratio, Vapr Federal Credit Union is classified as a Well Capitalized medium large credit union.

Vapr Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Vapr Federal Credit Union also provides an array of services to its members and local communities. Vapr Federal Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The chart below depicts the average compensation of Vapr Federal Credit Union compared to the medians of Puerto Rico and the entire nation (USA) over the years.

The following two tables list the deplitory and loan interest rates of Vapr Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Puerto Rico and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Puerto Rico
Median of USA
Checking
0.0900
0.0000
0.0000
Savings
0.1700
0.3350
0.1200
Money Market
0.0000
NaN
0.2500
Certificate Deplit
0.8600
0.8800
0.5500
IRA
1.5200
1.5200
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Puerto Rico
National Median Rates
Credit Cards
9.6200
8.9900
9.9900
Unsecured Line of Credits
8.3600
8.9500
10.9600
Short-term Small Amount
n/a
NaN
25.0000
Student Loans
n/a
NaN
6.0000
New Car Loans
3.1900
3.6950
3.3900
Used Car Loans
4.6300
4.9050
4.5000
1st Mortgage Real Estates
4.7900
4.3350
4.1500
Other Real Estates
7.6300
7.5650
4.7400

Vapr Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Vapr Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
Yes
Bill Payment
Yes
Yes
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
Yes
Yes
View Account History
Yes
No

.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
No
Insurance/Investment Sales
No
First Time Homebuyer Program
No
Cardiovascular Branch
10 Calle Acacia Ave Americo Miranda Reparto Metropolitano
San Juan, PR 00920-1510
Phone:787-753-2500

Federal Building Branch
150 Ave Carlos Chardon Ste 227
San Juan, PR 00918-1701
Phone:787-772-7306

Main Branch
10 Calle Acacia Hospital De Veteranos
San Juan, PR 00920-1510
Phone:787-773-7600

Vapr Plaza Branch & Administration Office
Main Office

Ave Los Filtros Bo Monacillos Carretera 177 Km 3.8
San Juan, PR 00926
Phone:787-773-7600

(787) 773-7611

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  1. Cuhub Staff
    Cuhub Staff

    Updated on September 6, 2016

    September 6, 2016 at 9:46 pm

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