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Overview / Commentary
209-235-9119
2131 W March Ln
Stockton, CA 95207-6407

Allied Trades Credit Union is headquartered in Stockton and is the 268th largest credit union in the state of California. It is also the 3,359th largest credit union in the nation. It was established in 1953 and as of March of 2014, it had grown to 4 employees and 2,385 members. Allied Trades Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live, regularly work, regularly worship or attend school in the incorporated and unincorporated areas of Stockton. There are also several Select Employee Groups that are eligible for membership; see the credit union website for more details - See Details

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Health

Data for Q1 2014

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Allied Trades Credit Union has a low asset base.

Texas Ratio

GRADE:
A+

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 Allied Trades Credit Union had $15,000 in non-current loans and owned real-estate with $2.9 million in equity and loan loss allowances on hand to cover it. This gives Allied Trades Credit Union a Texas Ratio of 0.52% 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 Allied Trades Credit Union experienced no significant changes from 0.30% as of March 31, 2013 to 0.52% as of March 31, 2014, resulting in a negative change of 72.00%. This indicates that the balance sheet and financial strength for Allied Trades Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, Allied Trades Credit Union has increased its total deposits by $931,000, resulting in 4.95% 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 Allied Trades Credit Union has shown is excellent.

Capitalization

GRADE:
A+

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. Allied Trades Credit Union has $22.81 million in assets with $2.9 million in equity, resulting in a capitalization level of 12.74%, which is excellent.

Institution Statistics

Overall
NCUA #60356
Year Chartered1953
Employees4
Primary Regulator
Assets and Liabilities
Assets$22.81 million
Loans$5.03 million
Deposits$19.72 million
Equity Capital$2.85 million
Loan Loss Allowance$53,000
Unbacked Noncurrent Loans$15,000
Real Estate Owned$0
Historic Data - March 2013
Assets$22.02 million
Equity Capital$2.94 million
Loan Loss Allowance$55,000
Unbacked Noncurrent Loans$15,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets-0.53%
Return on Equity-4.21%
Interest Income$122,000
Rates

Always verify rates and promotions with the bank or credit union. We are not Allied Trades Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Allied Trades Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$100-Savings Account
0.10%--IRA Savings Account
0.10%--Holiday Account
0.10%--Roth IRA Savings Account
0.10%--Education IRA Savings Account

Allied Trades Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$2,500-Money Market

Allied Trades Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$2,500-Checking Account

Allied Trades Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.80%$2,500-30 Month Share Certificate
0.30%$2,500-12 Month Share Certificate
0.20%$2,500-6 Month Share Certificate

Allied Trades Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.80%$2k-30 Month IRA
0.30%$2k-12 Month IRA
0.20%$2k-6 Month IRA
Locations


Allied Trades Credit Union Locations
Branch Office2131 W March LnStockton, CA 95207-6407