Bronco Federal Credit Union

135 Stewart Drive
Franklin, VA 23851
757-569-6000
www.broncofcu.com

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Bronco Federal Credit Union is headquartered in Franklin and is the 29^th largest credit union in the state of Virginia. It is also the 934^th largest credit union in the nation. It was established in 1941 and as of March of 2013, it had grown to 65 employees and 21,545 members. Bronco Federal Credit Union has a 2-star health rating.

Bronco Federal Credit Union Routing Number: 251480592

Competitive 3-Year CD Rate at Bronco FCU in VA - Local Only - 5/11/2010

Bronco Federal Credit Union is offering a few competitive CD rates. The most competitive include a 2.75% APY 36-month CD, a 2.00% APY 24-month CD and a 1.61% APY 12-month CD. Minimum deposit is $1,00 ...

3.90% 15-Month CD at Bronco FCU in Virginia - 1/8/2009

Bronco Federal Credit Union is offering a 3.90% APY 15-month Bump Share Certificate. Minimum deposit is $1,000. It allows the rate to be bumped up during the term to the current 12-month certificate rate. This is also available in an IRA. This rate is...

5.44% 60-Month / 5.25% 13-Month CD at a Virginia CU (Bronco) - 11/23/2007

Bronco Federal Credit Union is offering some competitive certificate rates. There's a special 13-month Bump certificate with a yield of 5.25% APY. The standard 60-month share certificate also has a competitive yield of 5.44% APY. The 24-month and...

6.14% 9-Month CD at a Virginia CU (Bronco) - 7/20/2007

Bronco FCU is offering a special 6.14% APY 9-month certificate. The minimum deposit is $100. A new checking account is required. It's scheduled to last until 8/17/07. This special isn't listed on the credit union's website. A reader emailed me info on...

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

Bronco Federal Credit Union Savings Account Rates

Apy	Min	Max	Product
0.10%	-	-	Share Account
0.10%	$100	-	Coverdell Education Savings Account
0.10%	$100	-	IRA Savings Account
0.10%	$100	-	Roth IRA Savings Account

Bronco Federal Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.30%	$100k	-	Money Market

Bronco Federal Credit Union CD Rates

Apy	Min	Max	Product
1.00%	$1k	-	60 Month Share Certificate
0.60%	$1k	-	48 Month Share Certificate
0.50%	$1k	-	36 Month Share Certificate
0.30%	$1k	-	24 Month Share Certificate
0.20%	$1k	-	12 Month Share Certificate
0.10%	$1k	-	6 Month Share Certificate

Bronco Federal Credit Union IRA Rates

Apy	Min	Max	Product
1.00%	$1k	-	60 Month CESA Certificate
1.00%	$1k	-	60 Month IRA Certificate
1.00%	$1k	-	60 Month Roth IRA Certificate
0.50%	$1k	-	36 Month CESA Certificate
0.50%	$1k	-	36 Month IRA Certificate
0.50%	$1k	-	36 Month Roth IRA Certificate
0.30%	$1k	-	24 Month CESA Certificate
0.30%	$1k	-	24 Month IRA Certificate
0.30%	$1k	-	24 Month Roth IRA Certificate
0.20%	$1k	-	12 Month CESA Certificate
0.20%	$1k	-	12 Month IRA Certificate
0.20%	$1k	-	12 Month Roth IRA Certificate
0.10%	$1k	-	6 Month CESA Certificate
0.10%	$1k	-	6 Month IRA Certificate
0.10%	$1k	-	6 Month Roth IRA Certificate

Rates updated: 6/19/2013

Data for Q1 2013

Institution Statistics

BRONCO
NCUA #	4616
BankRate Report	View
Year Chartered	1941
Employees	65
Primary Regulator
Assets and Liabilities
Assets	$196.69 million
Loans	$147.68 million
Deposits	$183.46 million
Equity Capital	$12.41 million
Loan Loss Allowance	$3.01 million
Unbacked Noncurrent Loans	$5.94 million
Real Estate Owned	$1.39 million
Historic Data - March 2012
Assets	$200.73 million
Equity Capital	$12.21 million
Loan Loss Allowance	$3.34 million
Unbacked Noncurrent Loans	$8.41 million
Real Estate Owned	$1.21 million
Profit Margin - Quarterly
Net Interest Margin	1.09%
Return on Assets	0.11%
Return on Equity	1.71%
Interest Income	$1.91 million
Non-Interest Income	$520,000

Institution Health

Overall Score:

2 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 Bronco Federal Credit Union had $7.33 million in non-current loans and owned real-estate with $15.42 million in equity and loan loss allowances on hand to cover it. This gives Bronco Federal Credit Union a Texas Ratio of 47.53% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Bronco Federal Credit Union decreased slightly from 61.87% as of March 31, 2012 to 47.53% as of March 31, 2013, resulting in a positive change of 23.17%.This indicates that the balance sheet and financial strength for Bronco Federal Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Bronco Federal Credit Union has decreased its total deposits by -$4.67 million, resulting in -2.48% 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 Bronco Federal Credit Union has shown is below 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. Bronco Federal Credit Union has $196.69 million in assets with $15.42 million in equity, resulting in a capitalization level of 7.84%, which is below average.

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Bronco Federal Credit Union

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