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City Of Fairbanks Credit Union

City Of Fairbanks Credit Union
Overview / Commentary
907-452-3371
502 9th Ave
Fairbanks, AK 99701

City Of Fairbanks Credit Union is headquartered in Fairbanks and is the 12st largest credit union in the state of Alaska. It is also the 5,891st largest credit union in the nation. It was established in 1961 and as of March of 2014, it had grown to 412 members. City Of Fairbanks Credit Union has a B health rating.

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Health

Data for Q1 2014

Institution Health

B
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. City Of Fairbanks Credit Union has a very low asset base.

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 March 31, 2014 City Of Fairbanks Credit Union had $0 in non-current loans and owned real-estate with $374,000 in equity and loan loss allowances on hand to cover it. This gives City Of Fairbanks Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
A

In the past year, City Of Fairbanks Credit Union has increased its total deposits by $64,000, resulting in 3.78% 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 Of Fairbanks Credit Union has shown is excellent.

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. City Of Fairbanks Credit Union has $2.13 million in assets with $374,000 in equity, resulting in a capitalization level of 17.58%, which is excellent.

Institution Statistics

Overall
NCUA #14573
Year Chartered1961
Employees0
Primary Regulator
Assets and Liabilities
Assets$2.13 million
Loans$1.02 million
Deposits$1.76 million
Equity Capital$365,000
Loan Loss Allowance$9,000
Real Estate Owned$0
Historic Data - March 2013
Assets$2.11 million
Equity Capital$399,000
Loan Loss Allowance$10,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.97%
Return on Assets-4.14%
Return on Equity-24.11%
Interest Income$20,000
Rates

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Locations


City Of Fairbanks Credit Union Locations
Branch Office502 9th AveFairbanks, AK 99701