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Overview / Commentary
800-244-8923
200 Cava Dr Rm 126
Clarksburg, WV 26301-5504

Clarksburg Area Postal Employees Credit Union is headquartered in Clarksburg and is the 47th largest credit union in the state of West Virginia. It is also the 4,242nd largest credit union in the nation. It was established in 1947 and as of March of 2014, it had grown to 4 employees and 1,154 members. Clarksburg Area Postal Employees Credit Union's savings rates are 3X the national average, and it has a B health rating.

Field of Membership Restrictions

Must be a postal or federal employee or retiree - See Details

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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. Clarksburg Area Postal Employees Credit Union has a 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 Clarksburg Area Postal Employees Credit Union had $70,000 in non-current loans and owned real-estate with $1.48 million in equity and loan loss allowances on hand to cover it. This gives Clarksburg Area Postal Employees Credit Union a Texas Ratio of 4.74% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Clarksburg Area Postal Employees Credit Union experienced no significant changes from 4.69% as of March 31, 2013 to 4.74% as of March 31, 2014, resulting in a negative change of 0.97%. This indicates that the balance sheet and financial strength for Clarksburg Area Postal Employees Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B

In the past year, Clarksburg Area Postal Employees Credit Union has increased its total deposits by $3,000, resulting in 0.03% 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 Clarksburg Area Postal Employees Credit Union has shown is above 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. Clarksburg Area Postal Employees Credit Union has $12.14 million in assets with $1.48 million in equity, resulting in a capitalization level of 12.17%, which is excellent.

Institution Statistics

Overall
NCUA #24841
Year Chartered1947
Employees4
Primary Regulator
Assets and Liabilities
Assets$12.14 million
Loans$6.31 million
Deposits$10.79 million
Equity Capital$1.35 million
Loan Loss Allowance$129,000
Unbacked Noncurrent Loans$70,000
Real Estate Owned$0
Historic Data - March 2013
Assets$12.07 million
Equity Capital$1.28 million
Loan Loss Allowance$131,000
Unbacked Noncurrent Loans$70,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.26%
Return on Assets0.36%
Return on Equity3.26%
Interest Income$106,000
Rates
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Clarksburg Area Postal Employees Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.50%--2014 Christmas Club
1.15%--Traditional IRA Account
1.15%--Roth IRA Account
0.50%$50-Share Accounts
0.20%--Vacation Club Accounts

Clarksburg Area Postal Employees Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%$50k-Money Market Account

Clarksburg Area Postal Employees Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.85%--48 Month CD
0.75%--36 Month CD
0.50%--24 Month CD
0.40%--12 Month CD
0.30%--6 Month CD
Locations


Clarksburg Area Postal Employees Credit Union Locations
Branch Office200 Cava Dr Rm 126Clarksburg, WV 26301-5504