Average User Rating:
1 star rating based on 1 review.

49er Federal Credit Union

225 Placerville Drive
Placerville, CA 95667
(530) 621-5878
www.49erfcu.com

NCUA

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49er Federal Credit Union is headquartered in Placerville and is the 217^st largest credit union in the state of California. It is also the 2,432^nd largest credit union in the nation. It was established in 1964 and as of December of 2012, it had grown to 4 employees and 4,227 members. 49er Federal Credit Union has a 4-star health rating.

49er Federal Credit Union Routing Number: 321174602

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See Rates for: Checking | Savings | Money Market | CD

49er Federal Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.01%	$500	-	Checking

49er Federal Credit Union Savings Account Rates

Apy	Min	Max	Product
0.30%	$20k	-	IRA Accounts
0.30%	$20k	-	Roth IRA Accounts
0.30%	$20k	-	Education IRA Accounts
0.04%	$100	-	Regular Shares
0.04%	$100	-	Christmas Club

49er Federal Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.35%	$100k	-	Money Market

49er Federal Credit Union CD Rates

Apy	Min	Max	Product
0.35%	$20k	-	3 Year Jumbo Share Certificate
0.30%	$1k	-	3 Year Share Certificate
0.25%	$1k	-	2 Year Share Certificate
0.25%	$20k	-	2 Year Jumbo Share Certificate
0.20%	$1k	-	1 Year Share Certificate
0.20%	$20k	-	1 Year Jumbo Share Certificate
0.15%	$20k	-	6 Month Jumbo Share Certificate
0.10%	$1k	-	6 Month Share Certificate
0.10%	$20k	-	30 Day Jumbo Share Certificate
0.10%	$20k	-	60 Day Jumbo Share Certificate
0.10%	$20k	-	90 Day Jumbo Share Certificate

Rates updated: 5/24/2013

Data for Q4 2012

Institution Statistics

49'ER
NCUA #	16045
BankRate Report	View
Year Chartered	1964
Employees	4
Primary Regulator
Assets and Liabilities
Assets	$44.03 million
Loans	$18.60 million
Deposits	$36.11 million
Equity Capital	$6.70 million
Loan Loss Allowance	$628,000
Unbacked Noncurrent Loans	$516,000
Real Estate Owned	$380,000
Historic Data - December 2011
Assets	$44.46 million
Equity Capital	$6.60 million
Loan Loss Allowance	$592,000
Unbacked Noncurrent Loans	$265,000
Real Estate Owned	$380,000
Profit Margin - Quarterly
Net Interest Margin	5.5%
Return on Assets	0.22%
Return on Equity	1.48%
Interest Income	$1.14 million
Non-Interest Income	$178,000

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 49er Federal Credit Union had $896,000 in non-current loans and owned real-estate with $7.32 million in equity and loan loss allowances on hand to cover it. This gives 49er Federal Credit Union a Texas Ratio of 12.24% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for 49er Federal Credit Union held steady from 8.97% as of December 31, 2011 to 12.24% as of December 31, 2012, resulting in a negative change of 36.33%. This indicates that the balance sheet and financial strength for 49er Federal Credit Union has held steady in recent periods.
Deposit Growth
In the past year, 49er Federal Credit Union has decreased its total deposits by $-528,000, resulting in -1.44% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth 49er Federal Credit Union has shown is below average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. 49er Federal Credit Union has $44.03 million in assets with $7.32 million in equity, resulting in a capitalization level of 16.63%, which is excellent.

Beware The Hidden Fees
1 stars

- friartuck - Wednesday, December 14, 2011 - 7:00 PM

Beware of this credit union. They have a habit of taking money from your account, not telling you about it, and then claiming that when you want to take your money out of your account, not only do you not have it, but because you tried to take out more than what was in your account, you owe them hundreds of dollars. They are like any other big bank with only their own best interest in mind. They don't care about their customers or how they're treated or even how much money you've put into their bank over the years. When push comes to shove, you're just a piece of meat to these guys. Despicable.