Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
541-928-4536
7101 Supra Drive SW
Albany, OR 97321

Central Willamette Community Credit Union is headquartered in Albany and is the 15st largest credit union in the state of Oregon. It is also the 849th largest credit union in the nation. It was established in 1955 and as of December of 2013, it had grown to 89 employees and 23,777 members. Central Willamette Community Credit Union has a B+ health rating.

Field of Membership Restrictions

To join Central Willamette, you just need to live or work in Linn, Benton, Marion or Polk County or have an immediate family member who is a member. Your credit union membership begins when you open your Membership Savings with a minimum balance of just $5. - 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

B+

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 Central Willamette Community Credit Union had $707,000 in non-current loans and owned real-estate with $20.42 million in equity and loan loss allowances on hand to cover it. This gives Central Willamette Community Credit Union a Texas Ratio of 3.46% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for Central Willamette Community Credit Union decreased slightly from 3.90% as of December 31, 2012 to 3.46% as of December 31, 2013, resulting in a positive change of 11.16%.This indicates that the balance sheet and financial strength for Central Willamette Community Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
B

In the past year, Central Willamette Community Credit Union has increased its total deposits by $1.67 million, resulting in 0.84% 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 Willamette Community Credit Union has shown is above average.

Capitalization

GRADE:
C+

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 Willamette Community Credit Union has $221.91 million in assets with $20.42 million in equity, resulting in a capitalization level of 9.20%, which is average.

Institution Statistics

Overall
NCUA #62665
Year Chartered1955
Employees89
Primary Regulator
Assets and Liabilities
Assets$221.91 million
Loans$139.07 million
Deposits$200.93 million
Equity Capital$18.84 million
Loan Loss Allowance$1.57 million
Unbacked Noncurrent Loans$504,000
Real Estate Owned$203,000
Historic Data - December 2012
Assets$218.94 million
Equity Capital$17.38 million
Loan Loss Allowance$1.83 million
Unbacked Noncurrent Loans$504,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.12%
Return on Assets0.77%
Return on Equity9.1%
Interest Income$7.64 million
Rates

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

Central Willamette Community Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%$10k-IRA Deposit
0.20%$10k-Roth IRA Deposit Savings
0.20%$10k-CESA Deposit Savings
0.10%$100-Health Savings Accounts
0.05%--Youth Membership
0.05%$100-Membership Savings
0.05%$25-Perfect Plan
0.05%$500-Business Membership Savings
0.05%$100-Association Membership Savings
0.05%$500-Business Extra Savings Account
0.05%--Dollar Dog
0.05%$100-Extra Savings Account
0.05%$100-Association Extra Savings Account

Central Willamette Community Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.10%$50k-Gold Plus Account
0.10%$50k-Association Gold Plus Account
0.10%$50k-Business Gold Plus Account

Central Willamette Community Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
1.00%-$15kRewards Checking
0.05%--Rewards Checking
0.05%$10k-Premier Plus
0.05%$10k-Premier Business

Central Willamette Community Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.75%$10k-3 Year to < 4 Year CD
0.75%$10k-4 Year CD
0.75%$10k-Business/Association 30 Month to < 3 Year CD
0.75%$10k-Business/Association 3 Year to < 4 Year CD
0.75%$10k-Business/Association 4 Year CD
0.75%$10k-30 Month to < 3 Year CD
0.60%$10k-Business/Association 2 Year to < 30 Month CD
0.60%$10k-2 Year to < 30 Month CD
0.55%$10k-18 Month to < 2 Year CD
0.55%$10k-Business/Association 18 Month to < 2 Year CD
0.25%$10k-1 Year to < 18 Month CD
0.25%$10k-Business/Association 1 Year to < 18 Month CD

Central Willamette Community Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.75%$10k-30 Month to < 3 Year IRA (Traditional,Roth,CESA)
0.75%$10k-3 Year to < 4 Year IRA (Traditional,Roth,CESA)
0.75%$10k-4 Year IRA (Traditional,Roth,CESA)
0.60%$10k-2 Year to < 30 Month IRA (Traditional,Roth,CESA)
0.55%$10k-18 Month to < 2 Year IRA (Traditional,Roth,CESA)
0.25%$10k-1 Year to < 18 Month IRA (Traditional,Roth,CESA)
Locations


Central Willamette Community Credit Union Locations
Branch Office625 N 5th StLebanon, OR 97355
Branch Office852 Lancaster Dr SESalem, OR 97317
Branch Office555 NE Circle BlvdCorvallis, OR 97330
Branch Office645 Waverly Dr SEAlbany, OR 97322
Branch Office905 29th Ave SWAlbany, OR 97321
Branch Office7101 Supra Dr SWAlbany, OR 97321