Bakersfield City Employees Credit Union

Bakersfield City Employees Credit Union is headquartered in BAKERSFIELD and is the 254^th largest credit union in the state of California. It is also the 3,038^th largest credit union in the nation. It was established in 1936 and as of March of 2013, it had grown to 8 employees and 2,242 members. Bakersfield City Employees Credit Union has a 5-star health rating.

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Bakersfield City Employees Credit Union IRA Rates

Data for Q1 2013

Institution Statistics BAKERSFIELD CITY EMPLOYEES NCUA # 1339 BankRate Report View Year Chartered 1936 Employees 8 Primary Regulator Assets and Liabilities Assets $28.89 million Loans $15.16 million Deposits $26.41 million Equity Capital $2.30 million Loan Loss Allowance $73,000 Unbacked Noncurrent Loans $3,000 Historic Data - March 2012 Assets $28.42 million Equity Capital $2.30 million Loan Loss Allowance $118,000 Unbacked Noncurrent Loans $42,000 Profit Margin - Quarterly Net Interest Margin 1.2% Return on Assets -0.06% Return on Equity -0.7% Interest Income $227,000 Non-Interest Income $60,000

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 March 31, 2013 Bakersfield City Employees Credit Union had $3,000 in non-current loans and owned real-estate with $2.37 million in equity and loan loss allowances on hand to cover it. This gives Bakersfield City Employees Credit Union a Texas Ratio of 0.13% 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 Bakersfield City Employees Credit Union decreased significantly from 1.74% as of March 31, 2012 to 0.13% as of March 31, 2013, resulting in a positive change of 92.71%.This indicates that the balance sheet and financial strength for Bakersfield City Employees Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Bakersfield City Employees Credit Union has increased its total deposits by $402,000, resulting in 1.55% 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 Bakersfield City Employees Credit Union has shown is above average. 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. Bakersfield City Employees Credit Union has $28.89 million in assets with $2.37 million in equity, resulting in a capitalization level of 8.20%, which is average.

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