Citadel Credit Union

Citadel Credit Union is headquartered in Exton and is the 4^th largest credit union in the state of Pennsylvania. It is also the 77^th largest credit union in the nation. It was established in 1937 and as of December of 2011, it had grown to 335 employees and 132,915 members. Citadel Credit Union has a 5-star health rating.

Related Posts

Citadel Credit Union Checking Account Rates

Citadel Credit Union Savings Account Rates

Citadel Credit Union Money Market Rates

Citadel Credit Union CD Rates

Citadel Credit Union IRA Rates

Data for Q4 2011

Institution Statistics CITADEL NCUA # 2099 BankRate Report View Year Chartered 1937 Employees 335 Primary Regulator Assets and Liabilities Assets $1.76 billion Loans $1.32 billion Deposits $1.55 billion Equity Capital $169.92 million Loan Loss Allowance $12.84 million Unbacked Noncurrent Loans $13.18 million Real Estate Owned $787,000 Historic Data - December 2010 Assets $1.51 billion Equity Capital $151.52 million Loan Loss Allowance $13.60 million Unbacked Noncurrent Loans $12.54 million Real Estate Owned $703,000 Profit Margin - Quarterly Net Interest Margin 3.87% Return on Assets 1.03% Return on Equity 10.68% Interest Income $73.73 million Non-Interest Income $23.01 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 Citadel Credit Union had $13.96 million in non-current loans and owned real-estate with $182.76 million in equity and loan loss allowances on hand to cover it. This gives Citadel Credit Union a Texas Ratio of 7.64% 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 Citadel Credit Union held steady from 8.02% as of December 31, 2010 to 7.64% as of December 31, 2011, resulting in a positive change of 4.72%.This indicates that the balance sheet and financial strength for Citadel Credit Union has held steady in recent periods. Deposit Growth In the past year, Citadel Credit Union has increased its total deposits by $222.76 million, resulting in 16.8% 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 Citadel 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. Citadel Credit Union has $1.76 billion in assets with $182.76 million in equity, resulting in a capitalization level of 10.41%, which is above average.

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