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1 star rating based on 1 review.

Arizona Central Credit Union

Arizona Central Credit Union Locations
2020 N Central Ave Ste 1200
Phoenix, AZ 85004
602-264-6421
www.azcentralcu.org

NCUA


Arizona Central Credit Union is headquartered in Phoenix and is the 9th largest credit union in the state of Arizona. It is also the 519st largest credit union in the nation. It was established in 1939 and as of December of 2012, it had grown to 143 employees and 56,437 members. Arizona Central Credit Union has a 4-star health rating.

Arizona Central Credit Union Routing Number: 322172441

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5.75% 36-Month CD / 5.50% 18-Month CD at an Arizona CU (Arizona Central) - 7/11/2007

Arizona Central Credit Union is offering very competitive rates on its certificates. These include a 5.75% APY 36-month CD, a 5.60% APY 24-Month CD, a 5.50% APY 18-month CD, a 5.40% APY 12-month CD and a 5.20% APY 6-month CD. All have a minimum deposit...



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

Arizona Central Credit Union Checking Account Rates

ApyMinMaxProduct
0.05%--HighStyle Checking
0.02%--MyStyle Checking
0.02%$2,500-Business Classic Checking

Arizona Central Credit Union Savings Account Rates

ApyMinMaxProduct
0.05%$25-Member Share Account
0.05%--You-Name-It Savings Account
0.05%--IRA Share Account
0.05%--Roth IRA Share Account
0.05%--CESA Share Account
0.05%$25-Business Member Share
0.02%--Health Savings Checking

Arizona Central Credit Union Money Market Rates

ApyMinMaxProduct
0.10%$500-CU Succeed Money Manager
0.10%$10k-Money Manager
0.10%$50k-Business Money Manager

Arizona Central Credit Union CD Rates

ApyMinMaxProduct
1.56%$100k$100k60 Month Jumbo CD
1.46%$1k$100k60 Month CD
1.25%$1k$100k36 Month CD 5000 Points
1.16%$100k$100k48 Month Jumbo CD
1.06%$1k$100k48 Month CD
1.06%$1k$100k24 Month CD 5000 Points
1.00%$1k$100k36 Month CD 2500 Points
0.85%$100k$100k36 Month Jumbo CD
0.85%$100k-Business 36 Month Jumbo CD
0.85%$1k$100k18 Month CD 5000 Points
0.80%$1k$100k24 Month CD 2500 Points
0.75%$1k$100k36 Month CD
0.75%$1k$100kBusiness 36 Month CD
0.75%$1k$100k12 Month CD 5000 Points
0.65%$100k$100k24 Month Jumbo CD
0.65%$100k-Business 24 Month Jumbo CD
0.65%$1k$100k6 Month CD 5000 Points
0.65%$500-6 Month CU Succeed CD 5000 Points
0.60%$1k$100k18 Month CD 2500 Points
0.55%$1k$100k24 Month CD
0.55%$1k$100kBusiness 24 Month CD
0.50%$1k$100k12 Month CD 2500 Points
0.45%$100k$100k18 Month Jumbo CD
0.40%$1k$100k6 Month CD 2500 Points
0.40%$500-6 Month CU Succeed CD 2500 Points
0.35%$1k$100k18 Month CD
0.35%$100k$100k12 Month Jumbo CD
0.35%$100k-Business 12 Month Jumbo CD
0.25%$1k$100k12 Month CD
0.25%$100k$100k6 Month Jumbo CD
0.25%$100k-Business 6 Month Jumbo CD
0.25%$1k$100kBusiness 12 Month CD
0.15%$1k$100k6 Month CD
0.15%$500-6 Month CU Succeed CD
0.15%$1k$100kBusiness 6 Month CD

Arizona Central Credit Union IRA Rates

ApyMinMaxProduct
1.56%$100k$100k60 Month Jumbo IRA
1.56%$100k$100k60 Month Jumbo Roth IRA
1.56%$100k$100k60 Month Jumbo CESA
1.46%$1k$100k60 Month IRA
1.46%$1k$100k60 Month Roth IRA
1.46%$1k$100k60 Month CESA
1.25%$1k$100k36 Month Roth IRA 2500 Points
1.25%$1k$100k36 Month CESA 5000 Points
1.25%$1k$100k36 Month IRA 5000 Points
1.16%$100k$100k48 Month Jumbo IRA
1.16%$100k$100k48 Month Jumbo Roth IRA
1.16%$100k$100k48 Month Jumbo CESA
1.06%$1k$100k48 Month IRA
1.06%$1k$100k48 Month Roth IRA
1.06%$1k$100k48 Month CESA
1.06%$1k$100k24 Month CESA 5000 Points
1.06%$1k$100k24 Month IRA 5000 Points
1.06%$1k$100k24 Month Roth IRA 5000 Points
1.00%$1k$100k36 Month CESA 2500 Points
1.00%$1k$100k36 Month IRA 2500 Points
1.00%$1k$100k36 Month Roth IRA 2500 Points
0.85%$100k$100k36 Month Jumbo IRA
0.85%$100k$100k36 Month Jumbo Roth IRA
0.85%$100k$100k36 Month Jumbo CESA
0.80%$1k$100k24 Month CESA 2500 Points
0.80%$1k$100k24 Month IRA 2500 Points
0.80%$1k$100k24 Month Roth IRA 2500 Points
0.75%$1k$100k36 Month IRA
0.75%$1k$100k36 Month Roth IRA
0.75%$1k$100k36 Month CESA
0.75%$1k$100k12 Month CESA 5000 Points
0.75%$1k$100k12 Month IRA 5000 Points
0.75%$1k$100k12 Month Roth IRA 5000 Points
0.65%$100k$100k24 Month Jumbo IRA
0.65%$100k$100k24 Month Jumbo Roth IRA
0.65%$100k$100k24 Month Jumbo CESA
0.55%$1k$100k24 Month IRA
0.55%$1k$100k24 Month Roth IRA
0.55%$1k$100k24 Month CESA
0.50%$1k$100k12 Month CESA 2500 Points
0.50%$1k$100k12 Month IRA 2500 Points
0.50%$1k$100k12 Month Roth IRA 2500 Points
0.35%$100k$100k12 Month Jumbo IRA
0.35%$100k$100k12 Month Jumbo Roth IRA
0.35%$100k$100k12 Month Jumbo CESA
0.25%$1k$100k12 Month IRA
0.25%$1k$100k12 Month Roth IRA
0.25%$1k$100k12 Month CESA

Rates updated: 5/21/2013

Data for Q4 2012


Institution Statistics


ARIZONA CENTRAL
NCUA #62881
BankRate ReportView
Year Chartered1939
Employees143
Primary Regulator

Assets and Liabilities

Assets$397.43 million
Loans$207.55 million
Deposits$356.98 million
Equity Capital$33.55 million
Loan Loss Allowance$5.75 million
Unbacked Noncurrent Loans$1.24 million
Real Estate Owned$1.91 million

Historic Data - December 2011

Assets$395.54 million
Equity Capital$30.56 million
Loan Loss Allowance$10.30 million
Unbacked Noncurrent Loans$7.09 million
Real Estate Owned$211,000

Profit Margin - Quarterly

Net Interest Margin6.01%
Return on Assets0.88%
Return on Equity10.39%
Interest Income$14.47 million
Non-Interest Income$10.17 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 December 31, 2012 Arizona Central Credit Union had $3.15 million in non-current loans and owned real-estate with $39.3 million in equity and loan loss allowances on hand to cover it. This gives Arizona Central Credit Union a Texas Ratio of 8.01% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Arizona Central Credit Union decreased significantly from 17.87% as of December 31, 2011 to 8.01% as of December 31, 2012, resulting in a positive change of 55.18%.This indicates that the balance sheet and financial strength for Arizona Central Credit Union has improved significantly in recent periods.
Deposit Growth3
In the past year, Arizona Central Credit Union has decreased its total deposits by -$3.39 million, resulting in -0.94% 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 Arizona Central Credit Union has shown is 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. Arizona Central Credit Union has $397.43 million in assets with $39.3 million in equity, resulting in a capitalization level of 9.89%, which is average.
Write Review

I Would Give NO Stars If I Could!
1 stars - wenjenaz - Thursday, January 3, 2013 - 6:05 PM

I'll be blunt. This bank sucks. I switched from a commercial bank to what I thought was going to be a better banking experience because I had heard that credit unions treated the customer better. Boy was I ever wrong! Their customer service is the worst. Every time I turn around they're closed because the wind shifted. Getting a real person is next to impossible. They rely heavily on email but your issue only goes into a big black hole somewhere. I thought that by joining this credit union there would be fewer fees. I was wrong on that one, too. They fee you to DEATH. I found out today that I can only write THREE checks per month and after that they CHARGE me a dollar for ever check after. WHY???? Everything I do is compterized and automated. You can't tell me that those two checks that went over my three check limit were any more of a hassle to handle than the three freebies. I scan the check into an ATM and it never touches human hands...why the fee???

I'm tired of being bent over a barrel without any vaseline. I tried numerous times to express my dissatisfaction to customer service and they can't be bothered. What they fail to understand is I am the customer and without ME, THEY DON'T HAVE A JOB! Apparently, my money isn't worth the same as other peoples'. I am taking my $$$ elsewhere.

Oh, and don't go to this bank if you want good customer service and fair practices. You won't find either.

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