City County Cu Of Fort Lauderdale

City County Cu Of Fort Lauderdale Locations

1982 N State Road 7
Margate, FL 33063
(800) 230-0200
www.citycountycu.org

OverView
Rates
Health
Reviews

City County Cu Of Fort Lauderdale is headquartered in Margate and is the 35^th largest credit union in the state of Florida. It is also the 642^nd largest credit union in the nation. It was established in 1953 and as of December of 2011, it had grown to 95 employees and 45,831 members. City County Cu Of Fort Lauderdale's money market rates are 2X the national average, and it has a 4-star health rating.

Higher CD Rates in Florida at City County Credit Union - 3/27/2012

City County Credit Union increased its CD and IRA CD rates earlier this month. Some of the new rates are now quite competitive. One is the 5-year CD which now has a 2.01% APY for a minimum deposit of ...

Top 1-Year IRA CD Rate in Florida at City County Credit Union - 2/23/2012

As I mentioned last week , it's common for banks to offer IRA deals this time of year. You have until April 17th to make an IRA contribution for 2011. In this interest rate environment, I haven't seen ...

Report an Issue

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

City County Cu Of Fort Lauderdale Checking Account Rates

	Apy	Min	Max	Product
	0.15%	$2,500	-	Interest Checking

City County Cu Of Fort Lauderdale Savings Account Rates

Apy	Min	Max	Product
0.50%	-	-	IRA Share Savings Account
0.50%	-	-	Roth IRA Share Savings Account
0.25%	-	-	Savings Account

City County Cu Of Fort Lauderdale Money Market Rates

Apy	Min	Max	Product
0.95%	-	-	High Yield Accumulation Account
0.45%	$10k	-	High Yield Investment Account
0.30%	$2,500	-	Money Market Account

City County Cu Of Fort Lauderdale CD Rates

Apy	Min	Max	Product
2.01%	$500	-	5 Year Money Builder Premium CD
1.86%	$500	-	5 Year Money Builder Select CD
1.76%	$500	-	5 Year Money Builder Basic/Value CD
1.20%	$500	-	2.5 Year Money Builder Premium CD
1.05%	$500	-	2.5 Year Money Builder Select CD
1.00%	$50k	-	1 Year Jumbo Premium CD
0.95%	$500	-	2.5 Year Money Builder Basic/Value CD
0.90%	$500	-	1 Year Money Builder Premium CD
0.85%	$50k	-	1 Year Jumbo Select CD
0.75%	$50k	-	1 Year Jumbo Basic/Value CD
0.75%	$500	-	1 Year Money Builder Select CD
0.65%	$500	-	1 Year Money Builder Basic/Value CD
0.65%	$50k	-	6 Month Jumbo Premium CD
0.60%	$500	-	9 Month Money Builder Premium CD
0.50%	$50k	-	6 Month Jumbo Select CD
0.50%	$500	-	6 Month Money Builder Premium CD
0.45%	$500	-	9 Month Money Builder Select CD
0.40%	$50k	-	6 Month Jumbo Basic/Value CD
0.35%	$500	-	9 Month Money Builder Basic/Value CD
0.35%	$500	-	6 Month Money Builder Select CD
0.25%	$500	-	6 Month Money Builder Basic/Value CD

City County Cu Of Fort Lauderdale IRA Rates

Apy	Min	Max	Product
2.06%	$500	-	5 Year Premium IRA
2.06%	$500	-	5 Year Premium Roth IRA
1.91%	$500	-	5 Year Select IRA
1.91%	$500	-	5 Year Select Roth IRA
1.81%	$500	-	5 Year Basic/Value IRA
1.81%	$500	-	5 Year Basic/Value Roth IRA
1.51%	$10k	-	1 Year Jumbo IRA (New Money Only)
1.51%	$10k	-	1 Year Jumbo Roth IRA (New Money Only)
1.25%	$10k	-	1 Year Jumbo Premium IRA
1.25%	$10k	-	1 Year Jumbo Premium Roth IRA
1.25%	$500	-	2.5 Year Premium IRA
1.25%	$500	-	2.5 Year Premium Roth IRA
1.10%	$10k	-	1 Year Jumbo Select IRA
1.10%	$10k	-	1 Year Jumbo Select Roth IRA
1.10%	$500	-	2.5 Year Select IRA
1.10%	$500	-	2.5 Year Select Roth IRA
1.00%	$500	-	2.5 Year Basic/Value IRA
1.00%	$10k	-	1 Year Jumbo Basic/Value IRA
1.00%	$10k	-	1 Year Jumbo Basic/Value Roth IRA
1.00%	$500	-	2.5 Year Basic/Value Roth IRA
0.95%	$500	-	1 Year Premium IRA
0.95%	$500	-	1 Year Premium Roth IRA
0.80%	$500	-	1 Year Select IRA
0.80%	$500	-	1 Year Select Roth IRA
0.70%	$500	-	1 Year Basic/Value IRA
0.70%	$500	-	1 Year Basic/Value Roth IRA

Rates updated: 5/24/2012

Data for Q4 2011

Institution Statistics

CITY COUNTY CU OF FORT LAUDERDALE
NCUA #	61525
BankRate Report	View
Year Chartered	1953
Employees	95
Primary Regulator
Assets and Liabilities
Assets	$295.61 million
Loans	$236.50 million
Deposits	$255.43 million
Equity Capital	$37.09 million
Loan Loss Allowance	$8.76 million
Unbacked Noncurrent Loans	$8.17 million
Real Estate Owned	$419,000
Historic Data - December 2010
Assets	$274.34 million
Equity Capital	$34.36 million
Loan Loss Allowance	$9.61 million
Unbacked Noncurrent Loans	$8.41 million
Real Estate Owned	$724,000
Profit Margin - Quarterly
Net Interest Margin	6.29%
Return on Assets	0.94%
Return on Equity	7.5%
Interest Income	$15.22 million
Non-Interest Income	$9.45 million

Institution Health

Overall Score:

4 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 City County Cu Of Fort Lauderdale had $8.59 million in non-current loans and owned real-estate with $45.85 million in equity and loan loss allowances on hand to cover it. This gives City County Cu Of Fort Lauderdale a Texas Ratio of 18.73% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for City County Cu Of Fort Lauderdale held steady from 20.77% as of December 31, 2010 to 18.73% as of December 31, 2011, resulting in a positive change of 9.85%.This indicates that the balance sheet and financial strength for City County Cu Of Fort Lauderdale has held steady in recent periods.
Deposit Growth
In the past year, City County Cu Of Fort Lauderdale has increased its total deposits by $17.94 million, resulting in 7.55% 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 City County Cu Of Fort Lauderdale 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. City County Cu Of Fort Lauderdale has $295.6 million in assets with $45.85 million in equity, resulting in a capitalization level of 15.51%, which is excellent.