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

NCUA

City County Cu Of Fort Lauderdale is headquartered in Margate and is the 33rd largest credit union in the state of Florida. It is also the 601st largest credit union in the nation. It was established in 1953 and as of December of 2012, it had grown to 92 employees and 48,452 members. City County Cu Of Fort Lauderdale's money market rates are 3X the national average, and it has a 4-star health rating.

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City County Cu Of Fort Lauderdale Checking Account Rates

ApyMinMaxProduct
1.00%$2,500$50kBusiness Checking Plus
0.15%$2,500-Personal Interest Checking

City County Cu Of Fort Lauderdale Savings Account Rates

ApyMinMaxProduct
0.50%--IRA Share Savings Account
0.50%--Roth IRA Share Savings Account
0.25%--Personal Savings Account
0.25%--Business Savings Account
0.25%--Club Account

City County Cu Of Fort Lauderdale Money Market Rates

ApyMinMaxProduct
1.20%--High Yield Accumulation Account
0.45%$10k-High Yield Investment Account
0.30%$2,500-Personal Money Market Account
0.30%$2,500-Business Money Market

City County Cu Of Fort Lauderdale CD Rates

ApyMinMaxProduct
2.28%$500-5 Year Money Builder Premium CD
2.13%$500-5 Year Money Builder Select CD
2.02%$500-5 Year Money Builder Basic/Value CD
2.02%$500-5 Year Money Builder Business CD
1.45%$500-2.5 Year Money Builder Premium CD
1.30%$500-2.5 Year Money Builder Select CD
1.20%$500-2.5 Year Money Builder Basic/Value CD
1.20%$500-2.5 Year Money Builder Business CD
1.00%$50k-1 Year Jumbo Premium 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
0.75%$50k-1 Year Jumbo Business CD
0.65%$500-1 Year Money Builder Basic/Value CD
0.65%$50k-6 Month Jumbo Premium CD
0.65%$500-1 Year Money Builder Business 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
0.40%$50k-6 Month Jumbo Business CD
0.35%$500-9 Month Money Builder Basic/Value CD
0.35%$500-6 Month Money Builder Select CD
0.35%$500-9 Month Money Builder Business CD
0.25%$500-6 Month Money Builder Basic/Value CD
0.25%$500-6 Month Money Builder Business CD

City County Cu Of Fort Lauderdale IRA Rates

ApyMinMaxProduct
2.33%$500-5 Year Premium IRA
2.33%$500-5 Year Premium Roth IRA
2.18%$500-5 Year Select IRA
2.18%$500-5 Year Select Roth IRA
2.07%$500-5 Year Basic/Value IRA
2.07%$500-5 Year Basic/Value Roth IRA
1.51%$500-2.5 Year Premium IRA
1.51%$500-2.5 Year Premium Roth IRA
1.51%$10k-1 Year Jumbo IRA (New Money Only)
1.51%$10k-1 Year Jumbo Roth IRA (New Money Only)
1.35%$500-2.5 Year Select IRA
1.35%$500-2.5 Year Select Roth IRA
1.25%$500-2.5 Year Basic/Value IRA
1.25%$500-2.5 Year Basic/Value Roth IRA
1.25%$10k-1 Year Jumbo Premium IRA
1.25%$10k-1 Year Jumbo Premium Roth IRA
1.10%$10k-1 Year Jumbo Select IRA
1.10%$10k-1 Year Jumbo Select Roth IRA
1.00%$10k-1 Year Jumbo Basic/Value IRA
1.00%$10k-1 Year Jumbo 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: 5/23/2013

Data for Q4 2012


Institution Statistics


CITY COUNTY CU OF FORT LAUDERDALE
NCUA #61525
BankRate ReportView
Year Chartered1953
Employees92
Primary Regulator

Assets and Liabilities

Assets$341.13 million
Loans$251.89 million
Deposits$295.79 million
Equity Capital$41.78 million
Loan Loss Allowance$8.28 million
Unbacked Noncurrent Loans$7.97 million
Real Estate Owned$430,000

Historic Data - December 2011

Assets$295.61 million
Equity Capital$37.09 million
Loan Loss Allowance$8.76 million
Unbacked Noncurrent Loans$8.17 million
Real Estate Owned$419,000

Profit Margin - Quarterly

Net Interest Margin5.88%
Return on Assets1.38%
Return on Equity11.25%
Interest Income$15.20 million
Non-Interest Income$10.50 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 City County Cu Of Fort Lauderdale had $8.4 million in non-current loans and owned real-estate with $50.07 million in equity and loan loss allowances on hand to cover it. This gives City County Cu Of Fort Lauderdale a Texas Ratio of 16.77% 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 City County Cu Of Fort Lauderdale held steady from 18.73% as of December 31, 2011 to 16.77% as of December 31, 2012, resulting in a positive change of 10.44%.This indicates that the balance sheet and financial strength for City County Cu Of Fort Lauderdale has held steady in recent periods.
Deposit Growth5
In the past year, City County Cu Of Fort Lauderdale has increased its total deposits by $40.36 million, resulting in 15.8% 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 City County Cu Of Fort Lauderdale has shown is excellent.
Capitalization5
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 $341.13 million in assets with $50.07 million in equity, resulting in a capitalization level of 14.68%, which is excellent.
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