Central City Credit Union

Central City Credit Union is headquartered in MARSHFIELD and is the 23^rd largest credit union in the state of Wisconsin. It is also the 926^th largest credit union in the nation. It was established in 1949 and as of December of 2011, it had grown to 60 employees and 22,271 members. Central City Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

Central City Credit Union Routing Number: 275979364

Central City Credit Union Checking Account Rates

Central City Credit Union Savings Account Rates

Central City Credit Union Money Market Rates

Central City Credit Union CD Rates

Central City Credit Union IRA Rates

Data for Q4 2011

Institution Statistics CENTRAL CITY NCUA # 66678 BankRate Report View Year Chartered 1949 Employees 60 Primary Regulator Assets and Liabilities Assets $179.78 million Loans $124.56 million Deposits $159.95 million Equity Capital $18.52 million Loan Loss Allowance $724,000 Unbacked Noncurrent Loans $2.01 million Real Estate Owned $198,000 Historic Data - December 2010 Assets $171.07 million Equity Capital $18.16 million Loan Loss Allowance $649,000 Unbacked Noncurrent Loans $3.20 million Real Estate Owned $51,000 Profit Margin - Quarterly Net Interest Margin 4.39% Return on Assets 0.21% Return on Equity 2.08% Interest Income $6.90 million Non-Interest Income $1.59 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 Central City Credit Union had $2.2 million in non-current loans and owned real-estate with $19.24 million in equity and loan loss allowances on hand to cover it. This gives Central City Credit Union a Texas Ratio of 11.45% 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 Central City Credit Union decreased slightly from 17.27% as of December 31, 2010 to 11.45% as of December 31, 2011, resulting in a positive change of 33.68%.This indicates that the balance sheet and financial strength for Central City Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Central City Credit Union has increased its total deposits by $8.2 million, resulting in 5.4% 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 Central City 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. Central City Credit Union has $179.78 million in assets with $19.24 million in equity, resulting in a capitalization level of 10.70%, which is above average.

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