Omni Community Ratio AnalysisThe following ratios and data are available to help you better understand the financial condition of Omni Community. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits. Show
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses. As of June 30, 2022, Omni Community had $3,612,943 in non-current loans and $58,953 in owned assets. To cover these potential losses it had $78,389,767 in net worth and $3,529,269 in loans loss reserves. That gives it a Texas Ratio of 4.48%. Net Worth
Omni Community FCU has a net worth of 12.66% versus the BestCashCow average of 12.40. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered. Make deposits to your savings and checking account using a mobile device. Terms and Conditions:Sign-up RequirementsInternet Teller (IT) must be activated on your account. Download the Frontier Mobile application for any Android or IOS phone or tablet. Provide an active email address to receive notifications and alerts. FeesThere are no fees for deposits made within the Frontier mobile application. Deposit Limits
There is not a restriction on the number of checks deposited per day or month. Posting Policies
Regulation CC RequirementEffective July 1, 2018 Regulation CC will require all checks for mobile deposit be endorsed with the name of the credit union and “For Mobile Deposit Only” written on the back, or have the check box marked if provided. Funds-AvailabilityA potential 3-day hold may be placed on each check deposited, based on review of the check. Check reviews are performed hourly. Deposit Status Alerts If you’ve provided an active email address, you will receive Approval, Rejection and Hold alerts to notify you of approved deposits, rejected deposits, and holds that may affect funds availability. Check-Retention RequirementsThe credit union recommends you retain a check for 60 days after making a mobile deposit. Revised 08/13/18 OMNI Community Credit Union is a not-for-profit financial coop offering financial services to their membership. Joining the credit union will allow you to access savings, loans, and much more. OMNI Community CU offers the following services to credit union members. Services available may vary at individual locations. Contact OMNI Community CU at (269) 441-1400 for more information. eServices / Online ServicesAccess the credit union's online services 24 hours a day from your computer, tablet, or smartphone.
CheckingOMNI Community CU checking accounts, also referred to as Share Draft Accounts, provide convenient access to your funds through debit cards, physical checks, and ATMs. Contact the credit union at (269) 441-1400.
SavingsSaving money is where good money management begins.
Loans
MortgagesOnline shopping this fall? Check with the credit union to discuss your mortgage options. Contact the credit union for a mortgage application.
Business ServicesNeed services to meet the needs of your business?
CreditOMNI Community Credit Union does not report to offer credit cards, secured credit, or debt cancellation programs. Financial EducationLearn better money management skills.
Additional ServicesThe credit union offers additional services to members. Contact OMNI Community Credit Union to inquire about savings and loan services you need and to compare competitive credit union interest rates.
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Omni community credit union mobile deposit funds availability
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