American Eagle Federal Credit Union

American Eagle Federal Credit Union Locations
417 Main Street
East Hartford, CT 06118--141
(860) 568-2020
www.americaneagle.org

NCUA


American Eagle Federal Credit Union is headquartered in EAST HARTFORD and is the 2nd largest credit union in the state of Connecticut. It is also the 132nd largest credit union in the nation. It was established in 1935 and as of March of 2013, it had grown to 242 employees and 102,145 members. American Eagle Federal Credit Union has a 4-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

American Eagle Federal Credit Union Checking Account Rates

ApyMinMaxProduct
0.10%$75k-Commercial Checking
0.05%--Traditional Checking
0.05%--Basic Business Checking

American Eagle Federal Credit Union Savings Account Rates

ApyMinMaxProduct
0.05%--IRA Accumulator
0.05%--Roth IRA Accumulator
0.05%--CESA Accumulator
0.05%--Savings
0.05%--Clubs

American Eagle Federal Credit Union Money Market Rates

ApyMinMaxProduct
0.40%$100k-Money Market Plus Savings
0.25%$40k-Money Market Savings

American Eagle Federal Credit Union CD Rates

ApyMinMaxProduct
1.20%$1k-60 Month CD
1.00%$1k-48 Month CD
0.85%$1k-36 Month CD
0.50%$1k-30 Month CD
0.40%$1k-24 Month CD
0.30%$1k-12 Month CD
0.30%$1k-13 Month CD
0.30%$1k-15 Month CD
0.30%$1k-18 Month CD
0.25%$1k-9 Month CD
0.25%$1k-18 Month CD (bump-up)
0.20%$1k-6 Month CD
0.20%$1k-8 Month CD
0.15%$1k-3 Month CD

American Eagle Federal Credit Union IRA Rates

ApyMinMaxProduct
1.20%$1k-60 Month IRA
1.20%$1k-60 Month Roth IRA
1.20%$500-60 Month CESA
1.00%$1k-48 Month IRA
1.00%$1k-48 Month Roth IRA
1.00%$500-48 Month CESA
0.85%$1k-36 Month IRA
0.85%$1k-36 Month Roth IRA
0.85%$500-36 Month CESA
0.50%$1k-30 Month IRA
0.50%$1k-30 Month Roth IRA
0.50%$500-30 Month CESA
0.30%$500-18 Month CESA
0.30%$1k-18 Month IRA
0.30%$1k-18 Month Roth IRA
0.25%$1k-18 Month IRA (bump-up)
0.25%$1k-18 Month Roth IRA (bump-up)
0.25%$500-18 Month CESA (bump-up)

Rates updated: 6/19/2013

Data for Q1 2013


Institution Statistics


AMERICAN EAGLE
NCUA #80
BankRate ReportView
Year Chartered1935
Employees242
Primary Regulator

Assets and Liabilities

Assets$1.40 billion
Loans$727.37 million
Deposits$1.25 billion
Equity Capital$115.14 million
Loan Loss Allowance$3.57 million
Unbacked Noncurrent Loans$8.81 million
Real Estate Owned$2.15 million

Historic Data - March 2012

Assets$1.38 billion
Equity Capital$114.19 million
Loan Loss Allowance$3.95 million
Unbacked Noncurrent Loans$13.56 million
Real Estate Owned$361,000

Profit Margin - Quarterly

Net Interest Margin1.09%
Return on Assets0.15%
Return on Equity1.84%
Interest Income$9.90 million
Non-Interest Income$3.15 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 March 31, 2013 American Eagle Federal Credit Union had $10.96 million in non-current loans and owned real-estate with $118.71 million in equity and loan loss allowances on hand to cover it. This gives American Eagle Federal Credit Union a Texas Ratio of 9.23% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for American Eagle Federal Credit Union decreased slightly from 11.78% as of March 31, 2012 to 9.23% as of March 31, 2013, resulting in a positive change of 21.69%.This indicates that the balance sheet and financial strength for American Eagle Federal Credit Union has improved slightly in recent periods.
Deposit Growth4
In the past year, American Eagle Federal Credit Union has increased its total deposits by $14.68 million, resulting in 1.19% 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 American Eagle Federal Credit Union has shown is above average.
Capitalization3
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. American Eagle Federal Credit Union has $1.4 billion in assets with $118.71 million in equity, resulting in a capitalization level of 8.47%, which is average.
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