CDC Credit Union

P O Box 49169
Atlanta, GA 30359
800-245-9655
www.cdcfcu.com

OverView
Rates
Health
Reviews

CDC Credit Union is headquartered in Atlanta and is the 10^st largest credit union in the state of Georgia. It is also the 757^th largest credit union in the nation. It was established in 1949 and as of December of 2011, it had grown to 57 employees and 17,198 members. CDC Credit Union has a 5-star health rating.

Report an Issue

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

CDC Credit Union Checking Account Rates

Apy	Min	Max	Product
0.05%	$1,500	-	Choice Checking
0.05%	-	-	Student Checking Junior
0.05%	$1k	-	Student Checking
0.05%	-	-	Vintage Checking
0.05%	$5k	-	Choice Relationship Checking

CDC Credit Union Savings Account Rates

Apy	Min	Max	Product
0.15%	$100	-	Prime Share Savings
0.15%	$100	-	Custom Share
0.15%	$100	-	Christmas Club
0.15%	$100	-	Primary IRA
0.15%	$100	-	Primary Roth IRA

CDC Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.25%	$50k	-	Money Market Account

CDC Credit Union CD Rates

Apy	Min	Max	Product
1.15%	$1k	-	60-84 Month Share Certificate
1.15%	$250	-	60-84 Month Student Share Certificate Junior
1.15%	$500	-	60-84 Month Student Share Certificate
1.00%	$1k	-	48-59 Month Share Certificate
1.00%	$250	-	48-59 Month Student Share Certificate Junior
1.00%	$500	-	48-59 Month Student Share Certificate
0.85%	$1k	-	36-47 Month Share Certificate
0.85%	$250	-	36-47 Month Student Share Certificate Junior
0.85%	$500	-	36-47 Month Student Share Certificate
0.55%	$1k	-	24-35 Month Share Certificate
0.55%	$250	-	24-35 Month Student Share Certificate Junior
0.55%	$500	-	24-35 Month Student Share Certificate
0.35%	$1k	-	12-23 Month Share Certificate
0.35%	$250	-	12-23 Month Student Share Certificate Junior
0.35%	$500	-	12-23 Month Student Share Certificate
0.15%	$1k	-	6-11 Month Share Certificate
0.15%	$250	-	6-11 Month Student Share Certificate Junior
0.15%	$500	-	6-11 Month Student Share Certificate

CDC Credit Union IRA Rates

Apy	Min	Max	Product
1.15%	$500	-	60-84 Month IRA
1.15%	$500	-	60-84 Month Roth IRA
1.00%	$500	-	48-59 Month IRA
1.00%	$500	-	48-59 Month Roth IRA
0.85%	$500	-	36-47 Month IRA
0.85%	$500	-	36-47 Month Roth IRA
0.55%	$500	-	24-35 Month IRA
0.55%	$500	-	24-35 Month Roth IRA
0.35%	$500	-	12-23 Month IRA
0.35%	$500	-	12-23 Month Roth IRA
0.15%	$500	-	6-11 Month IRA
0.15%	$500	-	6-11 Month Roth IRA

Rates updated: 5/24/2012

Data for Q4 2011

Institution Statistics

CDC
NCUA #	6053
BankRate Report	View
Year Chartered	1949
Employees	57
Primary Regulator
Assets and Liabilities
Assets	$240.50 million
Loans	$74.62 million
Deposits	$220.22 million
Equity Capital	$18.76 million
Loan Loss Allowance	$628,000
Unbacked Noncurrent Loans	$752,000
Historic Data - December 2010
Assets	$215.56 million
Equity Capital	$16.30 million
Loan Loss Allowance	$538,000
Unbacked Noncurrent Loans	$514,000
Profit Margin - Quarterly
Net Interest Margin	5.52%
Return on Assets	0.3%
Return on Equity	3.81%
Interest Income	$7.35 million
Non-Interest Income	$2.34 million

Institution Health

Overall Score:

5 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 December 31, 2011 CDC Credit Union had $752,000 in non-current loans and owned real-estate with $19.39 million in equity and loan loss allowances on hand to cover it. This gives CDC Credit Union a Texas Ratio of 3.88% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for CDC Credit Union held steady from 3.05% as of December 31, 2010 to 3.88% as of December 31, 2011, resulting in a negative change of 27.07%. This indicates that the balance sheet and financial strength for CDC Credit Union has held steady in recent periods.
Deposit Growth
In the past year, CDC Credit Union has increased its total deposits by $22.39 million, resulting in 11.32% 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 CDC 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. CDC Credit Union has $240.5 million in assets with $19.39 million in equity, resulting in a capitalization level of 8.06%, which is average.

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