Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
805-988-2151
2151 E. Gonzales Rd.
Oxnard, CA 93036

Cbc Credit Union is headquartered in Oxnard and is the 77th largest credit union in the state of California. It is also the 524th largest credit union in the nation. It was established in 1952 and as of December of 2013, it had grown to 77 employees and 21,642 members. Cbc Credit Union has a A health rating.

Field of Membership Restrictions

Membership is open to anyone who lives, works, worships or attends school in Ventura County, California. - See Details

Related Posts



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 Cbc Credit Union had $755,000 in non-current loans and owned real-estate with $39.47 million in equity and loan loss allowances on hand to cover it. This gives Cbc Credit Union a Texas Ratio of 1.91% 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 Cbc Credit Union decreased dramatically from 4.68% as of December 31, 2012 to 1.91% as of December 31, 2013, resulting in a positive change of 59.11%.This indicates that the balance sheet and financial strength for Cbc Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Cbc Credit Union has increased its total deposits by $4.5 million, resulting in 1.27% 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 Cbc Credit Union has shown is above average.

Capitalization

GRADE:
B

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. Cbc Credit Union has $402.68 million in assets with $39.47 million in equity, resulting in a capitalization level of 9.80%, which is above average.

Institution Statistics

Overall
NCUA #7608
Year Chartered1952
Employees77
Primary Regulator
Assets and Liabilities
Assets$402.68 million
Loans$182.91 million
Deposits$358.39 million
Equity Capital$38.13 million
Loan Loss Allowance$1.34 million
Unbacked Noncurrent Loans$755,000
Real Estate Owned$0
Historic Data - December 2012
Assets$404.60 million
Equity Capital$38.53 million
Loan Loss Allowance$2.96 million
Unbacked Noncurrent Loans$755,000
Real Estate Owned$240,000
Profit Margin - Quarterly
Net Interest Margin3.96%
Return on Assets0.46%
Return on Equity4.86%
Interest Income$12.42 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Cbc Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Cbc Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%$100k-Health Savings Account
0.05%$100-Regular Savings
0.05%$100-Holiday Savings Account
0.05%$100-IRA Savings Account
0.05%$100-Roth IRA Savings Account
0.05%$100-CESA Savings Account

Cbc Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$100k-Insured Money Market Rate Account

Cbc Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$25k-Checking Account

Cbc Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.10%$500-5 Year Share Certificate
0.85%$500-4 Year Share Certificate
0.75%$500-3 Year Share Certificate
0.50%$500-2 Year Share Certificate
0.35%$500-1 Year Share Certificate
0.35%$100-1 Year SmartSaver Share Certificate
0.25%$500-6 Month Share Certificate

Cbc Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.10%$500-5 Year IRA Certificate (Traditional,Roth,CESA)
0.85%$500-4 Year IRA Certificate (Traditional,Roth,CESA)
0.75%$500-3 Year IRA Certificate (Traditional,Roth,CESA)
0.50%$500-2 Year IRA Certificate (Traditional,Roth,CESA)
0.35%$500-1 Year IRA Certificate (Traditional,Roth,CESA)
0.35%$100-1 Year SmartSaver IRA Certificate (Traditional,Roth,CESA)
0.25%$500-6 Month IRA Certificate (Traditional,Roth,CESA)
Locations


Cbc Credit Union Locations
Branch Office300 Arneill RdCamarillo, CA 93010
Branch Office2151 E Gonzales RdOxnard, CA 93036-3704
Branch Office140 23rd Ave STE 1336Port Hueneme, CA 93043
Branch Office353 Mugu RdPoint Mugu NAWC, CA 93042
Branch Office2100 E Thousand Oaks Blvd Ste AThousand Oaks, CA 91362
Branch Office3700 Dean DrVentura, CA 93003
Branch Office1772 E Avenida De Los Arboles Ste EThousand Oaks, CA 91362-6104