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Overview / Commentary
P.O. Box 497
California, PA 15419

Cal-Ed Credit Union is headquartered in CALIFORNIA and is the 161st largest credit union in the state of Pennsylvania. It is also the 3,051st largest credit union in the nation. It was established in 1960 and as of December of 2013, it had grown to 4 employees and 5,954 members. Cal-Ed Credit Union has a C health rating.

Reviews (1)

Won't Go Here

I don't know about the Coal Center office but the one in Technology Park has rude staff.



Health

Data for Q4 2013

Institution Health

C
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Cal-Ed Credit Union has a low asset base.

Texas Ratio

GRADE:
C

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, 2013 Cal-Ed Credit Union had $1.29 million in non-current loans and owned real-estate with $3.39 million in equity and loan loss allowances on hand to cover it. This gives Cal-Ed Credit Union a Texas Ratio of 37.98% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Cal-Ed Credit Union experienced no significant changes from 38.67% as of December 31, 2012 to 37.98% as of December 31, 2013, resulting in a positive change of 1.78%.This indicates that the balance sheet and financial strength for Cal-Ed Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Cal-Ed Credit Union has decreased its total deposits by $-981,000, resulting in -3.9% 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 Cal-Ed Credit Union has shown is below average.

Capitalization

GRADE:
A+

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. Cal-Ed Credit Union has $27.4 million in assets with $3.39 million in equity, resulting in a capitalization level of 12.37%, which is excellent.

Institution Statistics

Overall
NCUA #13503
Year Chartered1960
Employees4
Primary Regulator
Assets and Liabilities
Assets$27.41 million
Loans$11.37 million
Deposits$24.19 million
Equity Capital$3.14 million
Loan Loss Allowance$247,000
Unbacked Noncurrent Loans$1.29 million
Real Estate Owned$0
Historic Data - December 2012
Assets$28.41 million
Equity Capital$3.17 million
Loan Loss Allowance$261,000
Unbacked Noncurrent Loans$1.29 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.16%
Return on Assets-0.08%
Return on Equity-0.73%
Interest Income$770,000
Rates

Sorry, we do not have rate data for Cal-Ed Credit Union

Locations


Cal-Ed Credit Union Locations
Branch Office100 TECHNOLOGY DRCOAL CENTER, PA 15423