Belco Community Credit Union

Belco Community Credit Union is headquartered in Harrisburg and is the 20^th largest credit union in the state of Pennsylvania. It is also the 521^st largest credit union in the nation. It was established in 1939 and as of September of 2011, it had grown to 141 employees and 52,520 members. Belco Community Credit Union's savings rates are 2X the national average, and it has a 4-star health rating.

Belco Community Credit Union Routing Number: 231380997

Belco Community Credit Union Checking Account Rates

Belco Community Credit Union Savings Account Rates

Belco Community Credit Union Money Market Rates

Belco Community Credit Union CD Rates

Belco Community Credit Union IRA Rates

Data for Q3 2011

Institution Statistics BELCO COMMUNITY CREDIT UNION NCUA # 68256 BankRate Report View Year Established 1939 Employees 141 Primary Regulator Assets and Liabilities Assets $367.57 million Loans $240.24 million Deposits $333.28 million Equity Capital $30.11 million Loan Loss Allowance $2.83 million Unbacked Noncurrent Loans $2.91 million Real Estate Owned $199,000 Historic Data - September 2010 Assets $331.20 million Equity Capital $28.80 million Loan Loss Allowance $2.25 million Unbacked Noncurrent Loans $2.81 million Real Estate Owned $596,000 Profit Margin - Quarterly Net Interest Margin 4.7% Return on Assets 0.08% Return on Equity 1.01% Interest Income $12.22 million Non-Interest Income $4.54 million

Institution Health Overall Score: 4 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 September 30, 2011 Belco Community Credit Union had $3.11 million in non-current loans and owned real-estate with $32.94 million in equity and loan loss allowances on hand to cover it. This gives Belco Community Credit Union a Texas Ratio of 9.44% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Belco Community Credit Union held steady from 10.97% as of September 30, 2010 to 9.44% as of September 30, 2011, resulting in a positive change of 13.87%.This indicates that the balance sheet and financial strength for Belco Community Credit Union has held steady in recent periods. Deposit Growth In the past year, Belco Community Credit Union has increased its total deposits by $34.67 million, resulting in 11.61% 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 Belco Community Credit Union has shown is excellent. 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. Belco Community Credit Union has $367.57 million in assets with $32.94 million in equity, resulting in a capitalization level of 8.96%, which is average.

No reviews have been left for this bank yet. Be the first to review.