AEA Federal Credit Union is headquartered in YUMA and is the 13st largest credit union in the state of Arizona. It is also the 814st largest credit union in the nation. It was established in 1942 and as of June of 2013, it had grown to 100 employees and 41,049 members. AEA Federal Credit Union has a B health rating.
Membership at AEA Federal Credit Union is open to you if you or an immediate family member lives, works, worships, or attends school in either Yuma or La Paz County. Once a member, your family members and others living within your household are also eligible to join! - See Details
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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 June 30, 2013 AEA Federal Credit Union had $6.04 million in non-current loans and owned real-estate with -$4.42 million in equity and loan loss allowances on hand to cover it. This gives AEA Federal Credit Union a Texas Ratio of (infinite) which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for AEA Federal Credit Union increased slightly from 0.00% as of June 30, 2012 to (infinite) as of June 30, 2013, resulting in a negative change of (infinite). This indicates that the balance sheet and financial strength for AEA Federal Credit Union has declined slightly in recent periods.
In the past year, AEA Federal Credit Union has increased its total deposits by $277,000, resulting in 0.12% 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 AEA Federal Credit Union has shown is above average.
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. AEA Federal Credit Union has $237.97 million in assets with -$4.42 million in equity, resulting in a capitalization level of -1.86%, which is poor.
|Assets and Liabilities|
|Loan Loss Allowance||$4.10 million|
|Unbacked Noncurrent Loans||$486,000|
|Real Estate Owned||$5.55 million|
|Historic Data - June 2012|
|Loan Loss Allowance||$4.90 million|
|Unbacked Noncurrent Loans||$486,000|
|Real Estate Owned||$7.93 million|
|Profit Margin - Quarterly|
|Net Interest Margin||2.68%|
|Return on Assets||1.85%|
|Return on Equity||0%|
|Interest Income||$5.58 million|
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|0.20%||-||-||Health Savings Account|
|0.40%||$150k||-||Money Market Access Account|
|0.25%||$5k||-||Good Life Checking Club - Gold Membership|
|0.15%||$5k||-||Good Life Checking Club - Silver Membership|
|1.31%||$100k||-||60 Month CD|
|1.21%||$100k||-||48 - 59 Month CD|
|1.00%||$100k||-||36 - 47 Month CD|
|0.80%||$100k||-||24 - 35 Month CD|
|0.75%||$100k||-||18 - 23 Month CD|
|0.55%||$100k||-||12 - 17 Month CD|
|0.40%||$100||-||Youth Savings Certificate|
|0.40%||$100||-||College Savings Certificate|
|0.36%||$10k||$100k||9 - 11 Month CD|
|0.25%||$10k||-||6 - 8 Month CD|
|0.15%||$10k||-||3 - 5 Month CD|
|0.10%||$50||-||Summer Saver Certificate Special CD|
|1.00%||$50k||-||36 Month IRA|
|0.80%||$50k||-||24 - 35 Month IRA|
|0.55%||$50k||-||12 Month IRA|
|AEA Federal Credit Union Locations|
|Branch Office||11252 N FRONTAGE RD||YUMA, AZ 85367|
|Branch Office||1780 S 1st Ave||YUMA, AZ 85364-5705|
|Branch Office||916 W 14th St Ste F||Parker, AZ 85344-5709|
|Branch Office||530 E Main St||Somerton, AZ 85350-6300|
|Branch Office||2378 W 24th St||Yuma, AZ 85364-6124|