Carter Federal Credit Union

133 S Main St
Springhill, LA 71075
318-539-4655
www.carterfcu.org

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Carter Federal Credit Union is headquartered in Springhill and is the 11^st largest credit union in the state of Louisiana. It is also the 855^th largest credit union in the nation. It was established in 1954 and as of September of 2011, it had grown to 62 employees and 27,775 members. Carter Federal Credit Union's money market rates are 48% higher than the national average, and it has a 4-star health rating.

Effective 2/2010 The "New" Carter Federal Credit Union Rates Are 3 (Forum) - 1/1/2010

Effective 2/2010 the "New" Carter Federal Credit Union Rates are 3.21% apy for up to $10,000 and .7% apy for above $10,000. Good bye Carter, if was fun while it lasted, but I am closing both of my Reward Checking accounts and moving on.

5.01% Reward Checking Account at Carter FCU in LA & AR - Local Only - 9/14/2009

Carter FCU is offering a reward checking account called My Carter Rewards Checking. It has the following rates and features if certain monthly requirements are met:5.01% APY on balances up to $30,0001.01% APY on portion of balances above $30,0000.11%...

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

Carter Federal Credit Union Checking Account Rates

Apy	Min	Max	Product
3.21%	-	$10k	My Carter Rewards Checking
2.02%	$500	-	Health Savings
0.35%	$5k	-	GOLD Checking

Carter Federal Credit Union Savings Account Rates

Apy	Min	Max	Product
0.50%	-	-	Young Savers
0.50%	-	-	IRA Savings
0.50%	-	-	CESA Savings
0.50%	-	-	Roth IRA Savings
0.30%	-	-	Share/Savings

Carter Federal Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.70%	$50k	-	Money Max

Carter Federal Credit Union CD Rates

Apy	Min	Max	Product
2.40%	$50k	-	60 Month Jumbo with Relationship Share Certificate
2.30%	$50k	-	60 Month Jumbo Share Certificate
2.27%	$1k	-	60 Month Basic with Relationship Share Certificate
2.17%	$1k	-	60 Month Basic Share Certificate
2.04%	$50k	-	48 Month Jumbo with Relationship Share Certificate
1.94%	$50k	-	48 Month Jumbo Share Certificate
1.92%	$1k	-	48 Month Basic with Relationship Share Certificate
1.82%	$1k	-	48 Month Basic Share Certificate
1.74%	$50k	-	36 Month Jumbo with Relationship Share Certificate
1.64%	$50k	-	36 Month Jumbo Share Certificate
1.61%	$1k	-	36 Month Basic with Relationship Share Certificate
1.51%	$1k	-	36 Month Basic Share Certificate
1.28%	$50k	-	24 Month Jumbo Share Certificate
1.16%	$1k	-	24 Month Basic Share Certificate
0.98%	$50k	-	12 Month Jumbo Share Certificate
0.85%	$1k	-	12 Month Basic Share Certificate
0.83%	$50k	-	6 Month Jumbo Share Certificate
0.70%	$1k	-	6 Month Basic Share Certificate

Carter Federal Credit Union IRA Rates

Apy	Min	Max	Product
2.40%	$50k	-	60 Month Jumbo with Relationship IRA Certificate
2.40%	$50k	-	60 Month Jumbo with Relationship CESA Certificate
2.40%	$50k	-	60 Month Jumbo with Relationship Roth IRA Certificate
2.30%	$50k	-	60 Month Jumbo IRA Certificate
2.30%	$50k	-	60 Month Jumbo CESA Certificate
2.30%	$50k	-	60 Month Jumbo Roth IRA Certificate
2.27%	$1k	-	60 Month Basic with Relationship IRA Certificate
2.27%	$1k	-	60 Month Basic with Relationship CESA Certificate
2.27%	$1k	-	60 Month Basic with Relationship Roth IRA Certificate
2.17%	$1k	-	60 Month Basic IRA Certificate
2.17%	$1k	-	60 Month Basic CESA Certificate
2.17%	$1k	-	60 Month Basic Roth IRA Certificate
2.04%	$50k	-	48 Month Jumbo with Relationship IRA Certificate
2.04%	$50k	-	48 Month Jumbo with Relationship CESA Certificate
2.04%	$50k	-	48 Month Jumbo with Relationship Roth IRA Certificate
1.94%	$50k	-	48 Month Jumbo IRA Certificate
1.94%	$50k	-	48 Month Jumbo CESA Certificate
1.94%	$50k	-	48 Month Jumbo Roth IRA Certificate
1.92%	$1k	-	48 Month Basic with Relationship IRA Certificate
1.92%	$1k	-	48 Month Basic with Relationship CESA Certificate
1.92%	$1k	-	48 Month Basic with Relationship Roth IRA Certificate
1.82%	$1k	-	48 Month Basic IRA Certificate
1.82%	$1k	-	48 Month Basic CESA Certificate
1.82%	$1k	-	48 Month Basic Roth IRA Certificate
1.74%	$50k	-	36 Month Jumbo with Relationship IRA Certificate
1.74%	$50k	-	36 Month Jumbo with Relationship CESA Certificate
1.74%	$50k	-	36 Month Jumbo with Relationship Roth IRA Certificate
1.64%	$50k	-	36 Month Jumbo IRA Certificate
1.64%	$50k	-	36 Month Jumbo CESA Certificate
1.64%	$50k	-	36 Month Jumbo Roth IRA Certificate
1.61%	$1k	-	36 Month Basic with Relationship IRA Certificate
1.61%	$1k	-	36 Month Basic with Relationship CESA Certificate
1.61%	$1k	-	36 Month Basic with Relationship Roth IRA Certificate
1.51%	$1k	-	36 Month Basic IRA Certificate
1.51%	$1k	-	36 Month Basic CESA Certificate
1.51%	$1k	-	36 Month Basic Roth IRA Certificate
1.28%	$50k	-	24 Month Jumbo IRA Certificate
1.28%	$50k	-	24 Month Jumbo CESA Certificate
1.28%	$50k	-	24 Month Jumbo Roth IRA Certificate
1.16%	$1k	-	24 Month Basic IRA Certificate
1.16%	$1k	-	24 Month Basic CESA Certificate
1.16%	$1k	-	24 Month Basic Roth IRA Certificate
0.98%	$50k	-	12 Month Jumbo IRA Certificate
0.98%	$50k	-	12 Month Jumbo CESA Certificate
0.98%	$50k	-	12 Month Jumbo Roth IRA Certificate
0.85%	$1k	-	12 Month Basic IRA Certificate
0.85%	$1k	-	12 Month Basic CESA Certificate
0.85%	$1k	-	12 Month Basic Roth IRA Certificate
0.83%	$50k	-	6 Month Jumbo IRA Certificate
0.83%	$50k	-	6 Month Jumbo CESA Certificate
0.83%	$50k	-	6 Month Jumbo Roth IRA Certificate
0.70%	$1k	-	6 Month Basic IRA Certificate
0.70%	$1k	-	6 Month Basic CESA Certificate
0.70%	$1k	-	6 Month Basic Roth IRA Certificate

Rates updated: 2/11/2012 * Not all products updated

Data for Q3 2011

Institution Statistics

CARTER
NCUA #	9164
BankRate Report	View
Year Established	1954
Employees	62
Primary Regulator
Assets and Liabilities
Assets	$201.13 million
Loans	$152.07 million
Deposits	$173.12 million
Equity Capital	$14.43 million
Loan Loss Allowance	$863,000
Unbacked Noncurrent Loans	$1.72 million
Real Estate Owned	$160,000
Historic Data - September 2010
Assets	$192.87 million
Equity Capital	$14.32 million
Loan Loss Allowance	$915,000
Unbacked Noncurrent Loans	$2.05 million
Real Estate Owned	$49,000
Profit Margin - Quarterly
Net Interest Margin	3.47%
Return on Assets	-0.1%
Return on Equity	-1.43%
Interest Income	$7.16 million
Non-Interest Income	$3.15 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 Carter Federal Credit Union had $1.88 million in non-current loans and owned real-estate with $15.29 million in equity and loan loss allowances on hand to cover it. This gives Carter Federal Credit Union a Texas Ratio of 12.28% 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 Carter Federal Credit Union held steady from 13.81% as of September 30, 2010 to 12.28% as of September 30, 2011, resulting in a positive change of 11.09%.This indicates that the balance sheet and financial strength for Carter Federal Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Carter Federal Credit Union has increased its total deposits by $11.04 million, resulting in 6.81% 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 Carter Federal 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. Carter Federal Credit Union has $201.13 million in assets with $15.29 million in equity, resulting in a capitalization level of 7.60%, which is below average.