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

Abilene Teachers Credit Union

P.O. Box 5706
Abilene, TX 79608
800-677-6770
www.abileneteachersfcu.org

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Abilene Teachers Credit Union is headquartered in Abilene and is the 48^th largest credit union in the state of Texas. It is also the 587^th largest credit union in the nation. It was established in 1950 and as of December of 2011, it had grown to 110 employees and 35,516 members. Abilene Teachers Credit Union's savings rates are 54% higher than the national average, and it boasts a 5-star health rating.

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See Rates for: Checking | Savings | CD

Abilene Teachers Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.40%	$10k	-	Checking Account

Abilene Teachers Credit Union Savings Account Rates

Apy	Min	Max	Product
0.80%	$100	-	IRA Share Account
0.80%	$100	-	Roth IRA Share Account
0.80%	$100	-	CESA Share Account
0.80%	$100	-	SEP IRA Share Account
0.40%	$1k	-	Savings Account

Abilene Teachers Credit Union CD Rates

Apy	Min	Max	Product
0.80%	$100k	-	12 Month Jumbo Share Certificate
0.80%	$100k	-	18 Month Jumbo Share Certificate
0.80%	$100k	-	24 Month Jumbo Share Certificate
0.70%	$100k	-	6 Month Jumbo Share Certificate
0.60%	$500	$100k	12 Month Share Certificate
0.60%	$500	$100k	18 Month Share Certificate
0.60%	$500	$100k	24 Month Share Certificate
0.60%	$100k	-	3 Month Jumbo Share Certificate
0.50%	$500	$100k	6 Month Share Certificate
0.40%	$500	$100k	3 Month Share Certificate

Rates updated: 5/16/2012

Data for Q4 2011

Institution Statistics

ABILENE TEACHERS
NCUA #	6743
BankRate Report	View
Year Chartered	1950
Employees	110
Primary Regulator
Assets and Liabilities
Assets	$333.09 million
Loans	$216.75 million
Deposits	$286.38 million
Equity Capital	$44.30 million
Loan Loss Allowance	$655,000
Unbacked Noncurrent Loans	$1.17 million
Real Estate Owned	$126,000
Historic Data - December 2010
Assets	$296.61 million
Equity Capital	$41.25 million
Loan Loss Allowance	$527,000
Unbacked Noncurrent Loans	$790,000
Real Estate Owned	$178,000
Profit Margin - Quarterly
Net Interest Margin	4.57%
Return on Assets	0.8%
Return on Equity	6.03%
Interest Income	$12.34 million
Non-Interest Income	$3.57 million

Institution Health

Overall Score:

5 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, 2011 Abilene Teachers Credit Union had $1.29 million in non-current loans and owned real-estate with $44.95 million in equity and loan loss allowances on hand to cover it. This gives Abilene Teachers Credit Union a Texas Ratio of 2.87% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Abilene Teachers Credit Union held steady from 2.32% as of December 31, 2010 to 2.87% as of December 31, 2011, resulting in a negative change of 23.94%. This indicates that the balance sheet and financial strength for Abilene Teachers Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Abilene Teachers Credit Union has increased its total deposits by $32.55 million, resulting in 12.82% 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 Abilene Teachers Credit Union has shown is excellent.
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. Abilene Teachers Credit Union has $333.09 million in assets with $44.95 million in equity, resulting in a capitalization level of 13.50%, which is excellent.

Easy To Work With
4 stars

- Schryer - Monday, March 7, 2011 - 9:57 PM

I have been a member of Abilene Teacher's Credit Union for over 6 years. They have always been polite and efficient whenever I have dealt with them. Although there savings yields have been low over this time period, the lack of extra charges and the level of service has more than made up for it.

There online webpage has worked well for me and I have done most of my daily work using it. However, they recently opned a branch that was closer to me and I have done more of my interactions in person lately. The drive through is open early and later and affords me an additional way to make transactions.

I recently had trouble with a check that had been stolen and filled out fraudulently I went to the main branch and they were right on top of researching and finding the checks and getting copies of the checks and helping me fill out the legal forms.

Overall I would give them a 4.5 out of 5.