100 S. 3rd Street
Hamilton, OH 45011
(513) 785-3500
www.chacocu.org

NCUA


Chaco Credit Union is headquartered in Hamilton and is the 34th largest credit union in the state of Ohio. It is also the 1,004th largest credit union in the nation. It was established in 1938 and as of December of 2012, it had grown to 70 employees and 24,327 members. Chaco Credit Union has a 4-star health rating.

Chaco Credit Union Routing Number: 242278360

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Top Mid-Term CD Rates at Chaco Credit Union in Ohio - Local Only - 11/2/2011

Chaco Credit Union is one of the few institutions which increased some of its CD rates in November. The most noteworthy rate increase was on the 37-month CD. Its rate went up to 2.02% APY which is ver ...



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

Chaco Credit Union Checking Account Rates

ApyMinMaxProduct
0.05%--Members Choice Checking Account

Chaco Credit Union Savings Account Rates

ApyMinMaxProduct
0.20%--IRA Accumulation Account
0.20%--Roth IRA Accumulation Account
0.02%--Basic Shares Account

Chaco Credit Union Money Market Rates

ApyMinMaxProduct
0.20%$100k-Classic Oak Money Market Account

Chaco Credit Union CD Rates

ApyMinMaxProduct
1.35%$500-72 Month CD
1.25%$500-60 Month CD
1.00%$500-49-59 Month CD
0.95%$500-37-48 Month CD
0.75%$500-31-36 Month CD
0.70%$500-30 Month CD
0.65%$500-24-29 Month CD
0.45%$500-18-23 Month CD
0.40%$500-12-17 Month CD
0.27%$500-7-11 Month CD
0.19%$500-6 Month CD
0.15%$500-3 Month CD

Chaco Credit Union IRA Rates

ApyMinMaxProduct
1.35%$500-72 Month IRA
1.35%$500-72 Month Roth IRA
1.25%$500-60 Month IRA
1.25%$500-60 Month Roth IRA
1.00%$500-49-59 Month IRA
1.00%$500-49-59 Month Roth IRA
0.95%$500-37-48 Month IRA
0.95%$500-37-48 Month Roth IRA
0.75%$500-31-36 Month IRA
0.75%$500-31-36 Month Roth IRA
0.70%$500-30 Month IRA
0.70%$500-30 Month Roth IRA
0.65%$500-24-29 Month IRA
0.65%$500-24-29 Month Roth IRA
0.45%$500-18-23 Month IRA
0.45%$500-18-23 Month Roth IRA
0.40%$500-12-17 Month IRA
0.40%$500-12-17 Month Roth IRA
0.27%$500-7-11 Month IRA
0.27%$500-7-11 Month Roth IRA
0.19%$500-6 Month IRA
0.19%$500-6 Month Roth IRA
0.15%$500-3 Month IRA
0.15%$500-3 Month Roth IRA

Rates updated: 5/20/2013

Data for Q4 2012


Institution Statistics


CHACO
NCUA #60954
BankRate ReportView
Year Chartered1938
Employees70
Primary Regulator

Assets and Liabilities

Assets$170.05 million
Loans$120.10 million
Deposits$152.54 million
Equity Capital$13.89 million
Loan Loss Allowance$1.58 million
Unbacked Noncurrent Loans$1.95 million
Real Estate Owned$463,000

Historic Data - December 2011

Assets$159.50 million
Equity Capital$13.57 million
Loan Loss Allowance$1.40 million
Unbacked Noncurrent Loans$1.42 million
Real Estate Owned$270,000

Profit Margin - Quarterly

Net Interest Margin4.32%
Return on Assets0.19%
Return on Equity2.31%
Interest Income$6.41 million
Non-Interest Income$3.44 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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, 2012 Chaco Credit Union had $2.41 million in non-current loans and owned real-estate with $15.47 million in equity and loan loss allowances on hand to cover it. This gives Chaco Credit Union a Texas Ratio of 15.60% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Chaco Credit Union held steady from 11.29% as of December 31, 2011 to 15.60% as of December 31, 2012, resulting in a negative change of 38.22%. This indicates that the balance sheet and financial strength for Chaco Credit Union has held steady in recent periods.
Deposit Growth5
In the past year, Chaco Credit Union has increased its total deposits by $10.12 million, resulting in 7.11% 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 Chaco Credit Union has shown is excellent.
Capitalization3
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. Chaco Credit Union has $170.05 million in assets with $15.47 million in equity, resulting in a capitalization level of 9.10%, which is average.
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