Buckeye Community Credit Union

Buckeye Community Credit Union Locations
1825 S. Jefferson St.
Perry, FL 32348
(850) 223-7100
www.bcfcu.coop



Buckeye Community Credit Union is headquartered in Perry and is the 71st largest credit union in the state of Florida. It is also the 1,848th largest credit union in the nation. It was established in 1956 and as of December of 2011, it had grown to 25 employees and 9,206 members. Buckeye Community Credit Union has a 5-star health rating.



See Rates for: Checking | Savings | CD | IRA

Buckeye Community Credit Union Checking Account Rates

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0.15%--Checking Account

Buckeye Community Credit Union Savings Account Rates

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1.00%$50k-IRA Hub Account
0.50%$50k-Savings Account

Buckeye Community Credit Union CD Rates

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1.41%--5 Year Certificate
1.31%--4 Year Certificate
1.26%--3 Year Certificate
1.05%--2 Year Certificate
0.80%--1 Year Certificate
0.45%--6 Month Certificate
0.25%--91 Day Certificate

Buckeye Community Credit Union IRA Rates

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1.41%--5 Year IRA Certificate
1.31%--4 Year IRA Certificate
1.26%--3 Year IRA Certificate
1.05%--2 Year IRA Certificate
0.80%--1 Year IRA Certificate
0.45%--6 Month IRA Certificate
0.25%--91 Day IRA Certificate

Rates updated: 5/23/2012

Data for Q4 2011


Institution Statistics


BUCKEYE COMMUNITY
NCUA #11154
BankRate ReportView
Year Chartered1956
Employees25
Primary Regulator

Assets and Liabilities

Assets$68.14 million
Loans$43.13 million
Deposits$58.25 million
Equity Capital$8.36 million
Loan Loss Allowance$266,000
Unbacked Noncurrent Loans$433,000
Real Estate Owned$95,000

Historic Data - December 2010

Assets$65.44 million
Equity Capital$8.24 million
Loan Loss Allowance$367,000
Unbacked Noncurrent Loans$408,000
Real Estate Owned$309,000

Profit Margin - Quarterly

Net Interest Margin6.22%
Return on Assets0.12%
Return on Equity0.97%
Interest Income$3.03 million
Non-Interest Income$727,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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, 2011 Buckeye Community Credit Union had $528,000 in non-current loans and owned real-estate with $8.62 million in equity and loan loss allowances on hand to cover it. This gives Buckeye Community Credit Union a Texas Ratio of 6.12% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Buckeye Community Credit Union decreased slightly from 8.33% as of December 31, 2010 to 6.12% as of December 31, 2011, resulting in a positive change of 26.50%.This indicates that the balance sheet and financial strength for Buckeye Community Credit Union has improved slightly in recent periods.
Deposit Growth4
In the past year, Buckeye Community Credit Union has increased its total deposits by $2.4 million, resulting in 4.31% 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 Buckeye Community Credit Union has shown is above average.
Capitalization5
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. Buckeye Community Credit Union has $68.14 million in assets with $8.62 million in equity, resulting in a capitalization level of 12.66%, which is excellent.
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