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Overview / Commentary
715-836-9994
2174 East Ridge Center
Eau Claire, WI 54701

Citizens Community Federal is headquartered in Altoona and is the 34th largest bank in the state of Wisconsin. It is also the 1,176th largest bank in the nation. It was established in 2001 and as of June of 2014, it had grown to 174 employees at 23 locations. Citizens Community Federal's money market rates are 36% higher than the national average, and it has a A health rating.

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Competitive Reward Checking Account at Citizens Community Federal in MN, WI and MI - 5/8/2014

Citizens Community Federal has a competitive high-yield reward checking account that can be a good deal for many residents of Minnesota, Wisconsin and Michigan. The bank calls the account Freedom Rewa ...



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Health

Data for Q2 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Citizens Community Federal had $2.68 million in non-current loans and owned real-estate with $62.69 million in equity and loan loss allowances on hand to cover it. This gives Citizens Community Federal a Texas Ratio of 4.28% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Citizens Community Federal decreased dramatically from 6.26% as of June 30, 2013 to 4.28% as of June 30, 2014, resulting in a positive change of 31.59%.This indicates that the balance sheet and financial strength for Citizens Community Federal has improved dramatically in recent periods.

Deposit Growth

GRADE:
C+

In the past year, Citizens Community Federal has decreased its total deposits by -$2.76 million, resulting in -0.62% 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 Citizens Community Federal has shown is average.

Capitalization

GRADE:
A

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. Citizens Community Federal has $564.77 million in assets with $62.69 million in equity, resulting in a capitalization level of 11.10%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57265
Year Established2001
Employees174
Primary RegulatorOCC
Assets and Liabilities
Assets$564.77 million
Loans$458.36 million
Deposits$440.10 million
Equity Capital$56.35 million
Loan Loss Allowance$6.34 million
Unbacked Noncurrent Loans$1.38 million
Real Estate Owned$1.30 million
Historic Data - June 2013
Assets$552.08 million
Equity Capital$53.55 million
Loan Loss Allowance$6.06 million
Unbacked Noncurrent Loans$1.38 million
Real Estate Owned$748,000
Profit Margin - Quarterly
Return on Assets0.33%
Return on Equity3.33%
Interest Income$11.88 million
Rates

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

Citizens Community Federal Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.60%-$50kFreedom Reward Saver - Qualifying
0.20%--Youth Savings
0.20%$200-IRA Savings
0.20%$200-Roth IRA Savings
0.20%$200-Coverdell Savings
0.03%--Freedom Reward Saver - Non Qualifying
0.02%$2k-Freedom Savings
0.02%--Traditional Savings

Citizens Community Federal Money Market Rates

DetailsAPYMINMAXPRODUCT
0.60%$250k-Freedom Advantage Money Market
0.15%$10k-Freedom Money Market
0.15%$1k-Traditional Money Market

Citizens Community Federal Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.00%-$25kFreedom Rewards Checking - Qualifying
0.03%--Senior Checking
0.03%--Freedom Rewards Checking - Non Qualifying
0.01%$5k-Freedom Checking

Citizens Community Federal CD Rates

DetailsAPYMINMAXPRODUCT
2.00%$2k-60 Month CD
1.50%$2k-48 Month CD
1.04%$500-36 Month CD
1.00%$2k-24 Month CD
0.90%$500-30 Month CD
0.60%$2k-18 Month CD
0.45%$2k-12 Month CD
0.20%$2k-6 Month CD
0.10%$2k-100 Day CD

Citizens Community Federal IRA Rates

DetailsAPYMINMAXPRODUCT
1.50%$2k-48 Month IRA CD
1.04%$500-36 Month IRA CD
1.00%$2k-24 Month IRA CD
0.90%$500-30 Month IRA CD
0.60%$2k-18 Month IRA CD
0.45%$2k-12 Month IRA CD
0.20%$2k-6 Month IRA CD
Locations

Citizens Community Federal has 25 locations. Click to view all Citizens Community Federal locations.