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Overview / Commentary
856-235-2077
P.O. Box 680
Moorestown, NJ 08057

Acume is headquartered in Moorestown and is the 143rd largest credit union in the state of New Jersey. It is also the 5,403rd largest credit union in the nation. It was established in 1957 and as of December of 2013, it had grown to 679 members. Acume has a C+ health rating.

Field of Membership Restrictions

You are eligible to join if you work or are retired from Moorestown Lockheed Martin. Also family or household members are eligible to join, even if the eligible relative is not a credit union member. Any family member of an existing credit union member of ACUME Credit Union is also eligible to join. - See Details

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Health

Data for Q4 2013

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Acume has a very low asset base.

Texas Ratio

GRADE:
A+

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, 2013 Acume had $17,000 in non-current loans and owned real-estate with $405,000 in equity and loan loss allowances on hand to cover it. This gives Acume a Texas Ratio of 4.20% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Acume experienced no significant changes from 2.76% as of December 31, 2012 to 4.20% as of December 31, 2013, resulting in a negative change of 51.81%. This indicates that the balance sheet and financial strength for Acume has had no significant changes in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Acume has decreased its total deposits by $-137,000, resulting in -3.28% 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 Acume has shown is below average.

Capitalization

GRADE:
C+

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. Acume has $4.43 million in assets with $405,000 in equity, resulting in a capitalization level of 9.15%, which is average.

Institution Statistics

Overall
NCUA #66233
Year Chartered1957
Employees0
Primary Regulator
Assets and Liabilities
Assets$4.43 million
Loans$1.21 million
Deposits$4.04 million
Equity Capital$373,000
Loan Loss Allowance$32,000
Unbacked Noncurrent Loans$17,000
Real Estate Owned$0
Historic Data - December 2012
Assets$4.58 million
Equity Capital$386,000
Loan Loss Allowance$48,000
Unbacked Noncurrent Loans$17,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin7.72%
Return on Assets-0.27%
Return on Equity-3.22%
Interest Income$117,000
Rates
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Acume Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$1k-Primary Savings
0.05%$1k-Member Savings
0.05%$1k-Statement Savings
0.05%$1k-Other Savings
0.05%$1k-Corporate Account
0.05%$1k-Personal Savings
0.05%$100-Holiday Club
0.05%$100-Vacation Club

Acume Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$50k-IRA Money Market Account
0.25%$50k-Roth IRA Money Market Account
0.25%$50k-Coverdell ESA Money Market Account
0.25%$50k-SEP IRA Money Market Account
0.20%$25k-Gold Money Market Checking Account
0.20%$25k-Gold Money Market Savings Account
0.10%$2,500-Silver Money Market Checking Account
0.10%$2,500-Silver Money Market Savings Account

Acume CD Rates

DetailsAPYMINMAXPRODUCT
0.75%$1k-60 Month Share Certificate
0.70%$50k-48 Month Share Certificate
0.50%$50k-36 Month Share Certificate
0.40%$50k-24 Month Share Certificate
0.40%$50k-30 Month Share Certificate
0.35%$50k-18 Month Share Certificate
0.30%$50k-12 Month Share Certificate
0.25%$50k-9 Month Share Certificate
0.10%$1k-3 Month Share Certificate
0.10%$1k-6 Month Share Certificate

Acume IRA Rates

DetailsAPYMINMAXPRODUCT
0.75%$1k-60 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.70%$50k-48 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.50%$50k-36 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.40%$50k-24 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.35%$50k-18 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.30%$50k-12 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.25%$50k-9 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.10%$1k-3 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.10%$1k-6 Month IRA Certificate (Traditional,Roth,CESA,SEP)
Locations


Acume Locations
Branch Office144 W Route 38Moorestown, NJ 08057
Branch Office199 Bortons Landing Rd MS 105-010Moorestown, NJ 08057