Alabama Teachers Credit Union

Alabama Teachers Credit Union is headquartered in Gadsden and is the 16^st largest credit union in the state of Alabama. It is also the 824^th largest credit union in the nation. It was established in 1959 and as of December of 2011, it had grown to 51 employees and 19,482 members. Alabama Teachers Credit Union has a 5-star health rating.

Alabama Teachers Credit Union Checking Account Rates

Alabama Teachers Credit Union Savings Account Rates

Alabama Teachers Credit Union Money Market Rates

Alabama Teachers Credit Union CD Rates

Alabama Teachers Credit Union IRA Rates

Data for Q4 2011

Institution Statistics ALABAMA TEACHERS NCUA # 67252 BankRate Report View Year Chartered 1959 Employees 51 Primary Regulator Assets and Liabilities Assets $213.84 million Loans $154.84 million Deposits $188.34 million Equity Capital $24.55 million Loan Loss Allowance $1.79 million Unbacked Noncurrent Loans $755,000 Real Estate Owned $240,000 Historic Data - December 2010 Assets $197.84 million Equity Capital $21.90 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $1.12 million Profit Margin - Quarterly Net Interest Margin 5.57% Return on Assets 1.06% Return on Equity 9.24% Interest Income $9.84 million Non-Interest Income $2.58 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 Alabama Teachers Credit Union had $995,000 in non-current loans and owned real-estate with $26.34 million in equity and loan loss allowances on hand to cover it. This gives Alabama Teachers Credit Union a Texas Ratio of 3.78% 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 Alabama Teachers Credit Union decreased slightly from 4.83% as of December 31, 2010 to 3.78% as of December 31, 2011, resulting in a positive change of 21.81%.This indicates that the balance sheet and financial strength for Alabama Teachers Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Alabama Teachers Credit Union has increased its total deposits by $13.08 million, resulting in 7.46% 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 Alabama 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. Alabama Teachers Credit Union has $213.84 million in assets with $26.34 million in equity, resulting in a capitalization level of 12.32%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.