Institution Statistics
| CENLA | | NCUA # | 15602 | | BankRate Report | View | | Year Chartered | 1963 | | Employees | 26 | | Primary Regulator | |
Assets and Liabilities | | Assets | $95.83 million | | Loans | $47.66 million | | Deposits | $84.29 million | | Equity Capital | $11.12 million | | Loan Loss Allowance | $355,000 | | Unbacked Noncurrent Loans | $388,000 |
Historic Data - December 2010 | | Assets | $92.20 million | | Equity Capital | $10.81 million | | Loan Loss Allowance | $253,000 | | Unbacked Noncurrent Loans | $351,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.53% | | Return on Assets | 0.61% | | Return on Equity | 5.28% | | Interest Income | $3.79 million | | Non-Interest Income | $803,000 |
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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 Cenla Credit Union had $388,000 in non-current loans and owned real-estate with $11.48 million in equity and loan loss allowances on hand to cover it. This gives Cenla Credit Union a Texas Ratio of 3.38% 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 Cenla Credit Union held steady from 3.17% as of December 31, 2010 to 3.38% as of December 31, 2011, resulting in a negative change of 6.57%. This indicates that the balance sheet and financial strength for Cenla Credit Union has held steady in recent periods. | | Deposit Growth |  | | In the past year, Cenla Credit Union has increased its total deposits by $3.23 million, resulting in 3.98% 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 Cenla Credit Union has shown is above average. | | 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. Cenla Credit Union has $95.83 million in assets with $11.48 million in equity, resulting in a capitalization level of 11.98%, which is above average. |
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Average User Rating:
Better Than The Big Banks
I opened an account at Cenla FCU because I was deeply dissatisfied with the customer service at Capital One and Chase. I had a checking account at Capital One (formerly Hibernia). When I deposited a check that was more than my usual paycheck (though not a huge sum), they held the check *AND* froze the rest of the funds in my accoung for two weeks for no explainable reason. I called customer service and also spoke with the local branch to try to resolve the issue as I needed the funds for a car purchase. I was given different reasons for the hold on my account by each person I spoke with, and none of the reasons made sense. I no longer think of banks as a safe place for my money. I closed the account and opened at Cenla FCU and have not had similar problems. If I do, I will go somewhere else.