Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

California State & Fed Emp #20 Credit Union

Overview / Commentary
707-443-8662
P.O. Box 1268
Eureka, CA 95502

California State & Fed Emp #20 Credit Union is headquartered in Eureka and is the 137th largest credit union in the state of California. It is also the 1,298th largest credit union in the nation. It was established in 1951 and as of December of 2013, it had grown to 7 employees and 3,981 members. California State & Fed Emp #20 Credit Union's savings rates are 25% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Must live or work in Humboldt, Del Norte or Trinity County. - See Details

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



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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 California State & Fed Emp #20 Credit Union had $3,000 in non-current loans and owned real-estate with $15.88 million in equity and loan loss allowances on hand to cover it. This gives California State & Fed Emp #20 Credit Union a Texas Ratio of 0.02% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for California State & Fed Emp #20 Credit Union decreased dramatically from 0.03% as of December 31, 2012 to 0.02% as of December 31, 2013, resulting in a positive change of 38.65%.This indicates that the balance sheet and financial strength for California State & Fed Emp #20 Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
C

In the past year, California State & Fed Emp #20 Credit Union has decreased its total deposits by -$2.24 million, resulting in -2.05% 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 California State & Fed Emp #20 Credit Union has shown is 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. California State & Fed Emp #20 Credit Union has $122.62 million in assets with $15.88 million in equity, resulting in a capitalization level of 12.95%, which is excellent.

Institution Statistics

Overall
NCUA #61933
Year Chartered1951
Employees7
Primary Regulator
Assets and Liabilities
Assets$122.62 million
Loans$27.57 million
Deposits$106.86 million
Equity Capital$15.65 million
Loan Loss Allowance$224,000
Unbacked Noncurrent Loans$3,000
Real Estate Owned$0
Historic Data - December 2012
Assets$125.28 million
Equity Capital$15.99 million
Loan Loss Allowance$242,000
Unbacked Noncurrent Loans$3,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.92%
Return on Assets0.64%
Return on Equity5.03%
Interest Income$1.80 million
Rates
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not California State & Fed Emp #20 Credit Union, we are a rate comparison website and can not provide official rates or promotions.

California State & Fed Emp #20 Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.65%--IRA Savings Account
0.35%$50-Shares Savings Account
Locations


California State & Fed Emp #20 Credit Union Locations
Branch Office321 Wabash AveEureka, CA 95501