Alliance CU (CA) is headquartered in San Jose and is the 86th largest credit union in the state of California. It is also the 605th largest credit union in the nation. It was established in 1952 and as of March of 2014, it had grown to 86 employees and 37,366 members. Alliance CU (CA) has a B+ health rating.
Must live, work, worship or attend school in Santa Clara, San Mateo or Alameda County in California; or New Hanover, Pender or Brunswick County in North Carolina. Also open to those who work in any of the 400+ companies they serve. - See Details
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The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Alliance CU (CA) had $1.26 million in non-current loans and owned real-estate with $29.33 million in equity and loan loss allowances on hand to cover it. This gives Alliance CU (CA) a Texas Ratio of 4.28% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Alliance CU (CA) decreased slightly from 5.15% as of March 31, 2013 to 4.28% as of March 31, 2014, resulting in a positive change of 16.88%.This indicates that the balance sheet and financial strength for Alliance CU (CA) has improved slightly in recent periods.
In the past year, Alliance CU (CA) has decreased its total deposits by -$15.01 million, resulting in -4.36% 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 Alliance CU (CA) has shown is below 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. Alliance CU (CA) has $359.52 million in assets with $29.33 million in equity, resulting in a capitalization level of 8.16%, which is average.
|Assets and Liabilities|
|Equity Capital||$26.68 million|
|Loan Loss Allowance||$2.65 million|
|Unbacked Noncurrent Loans||$837,000|
|Real Estate Owned||$419,000|
|Historic Data - March 2013|
|Equity Capital||$27.53 million|
|Loan Loss Allowance||$4.20 million|
|Unbacked Noncurrent Loans||$837,000|
|Real Estate Owned||$364,000|
|Profit Margin - Quarterly|
|Net Interest Margin||1.09%|
|Return on Assets||0.72%|
|Return on Equity||9.76%|
|Interest Income||$2.63 million|
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|0.03%||$100||-||Roth IRA Share|
|0.03%||$100||-||Coverdell ESA Share|
|0.05%||$25k||-||High Yield Money Market|
|0.35%||$500||-||36 Month Share Certificate|
|0.35%||$500||-||48 Month Share Certificate|
|0.35%||$500||-||60 Month Share Certificate|
|0.20%||$500||-||24 Month Share Certificate|
|0.10%||$500||-||12 Month Share Certificate|
|0.03%||$500||-||3 Month Share Certificate|
|0.03%||$500||-||6 Month Share Certificate|
|0.03%||$500||-||9 Month Share Certificate|
|0.35%||$500||-||36 Month IRA|
|0.35%||$500||-||48 Month IRA|
|0.35%||$500||-||60 Month IRA|
|0.20%||$500||-||24 Month IRA|
|0.10%||$500||-||12 Month IRA|
|0.03%||$500||-||3 Month IRA|
|0.03%||$500||-||6 Month IRA|
|0.03%||$500||-||9 Month IRA|
|Alliance CU (CA) Locations|
|Branch Office||848A Blossom Hill Rd||San Jose, CA 95123|
|Branch Office||265 Curtner Ave||San Jose, CA 95125|
|Branch Office||3315 Almaden Expy Ste 55||San Jose, CA 95118|
|Branch Office||540 Lawrence Expy Ste 1||Sunnyvale, CA 94085|
|Branch Office||237 Racine Dr||Wilmington, NC 28403|
|Branch Office||2465 S 17th St||Wilmington, NC 28401|
|Branch Office||39174 Argonaut Way||Fremont, CA 94538|