Coast Central Credit Union is headquartered in Eureka and is the 36th largest credit union in the state of California. It is also the 210st largest credit union in the nation. It was established in 1974 and as of September of 2013, it had grown to 160 employees and 60,031 members. Coast Central Credit Union has a A health rating.
Field of Membership Restrictions
Everyone who lives or works in Humboldt, Del Norte, or Trinity Counties is eligible for a Coast Central membership. If you don't happen to fall into one of those categories, however, there are several other ways to qualify you, including: (1) Referral from another credit union; or (2) Referral from an immediate family member who is already a CCCU member; or (3) Student status at Humboldt State University or College of the Redwoods; or (4) Co-op or Grange member status; or (5) Various other factors; please ask us about other possibilities. - See Details
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Data for Q3 2013
Institution Health
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 September 30, 2013 Coast Central Credit Union had $4.64 million in non-current loans and owned real-estate with $106.1 million in equity and loan loss allowances on hand to cover it. This gives Coast Central Credit Union a Texas Ratio of 4.37% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Coast Central Credit Union held steady from 4.07% as of September 30, 2012 to 4.37% as of September 30, 2013, resulting in a negative change of 7.36%. This indicates that the balance sheet and financial strength for Coast Central Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Coast Central Credit Union has increased its total deposits by $54.32 million, resulting in 7.03% 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 Coast Central Credit Union 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. Coast Central Credit Union has $1 billion in assets with $106.1 million in equity, resulting in a capitalization level of 10.57%, which is above average.
Institution Statistics
| Overall | |
|---|---|
| NCUA # | 62367 |
| Year Chartered | 1974 |
| Employees | 160 |
| Primary Regulator |
| Assets and Liabilities | |
|---|---|
| Assets | $1.00 billion |
| Loans | $440.12 million |
| Deposits | $827.47 million |
| Equity Capital | $102.95 million |
| Loan Loss Allowance | $3.15 million |
| Unbacked Noncurrent Loans | $4.52 million |
| Real Estate Owned | $119,000 |
| Historic Data - September 2012 | |
|---|---|
| Assets | $959.52 million |
| Equity Capital | $108.37 million |
| Loan Loss Allowance | $4.29 million |
| Unbacked Noncurrent Loans | $4.52 million |
| Real Estate Owned | $168,000 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 2.99% |
| Return on Assets | 0.75% |
| Return on Equity | 7.34% |
| Interest Income | $20.69 million |
Always verify rates and promotions with the bank or credit union. We are not Coast Central Credit Union, we are a rate comparison website and can not provide official rates or promotions.
Coast Central Credit Union Savings Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.20% | $75k | - | Liquid Assets Account | |
| 0.20% | $75k | - | Business Liquid Assets | |
| 0.15% | - | - | Health Savings | |
| 0.13% | $10k | - | Membership Savings | |
| 0.13% | $10k | - | Special Savings | |
| 0.13% | - | - | IRA Savings | |
| 0.13% | - | - | Roth IRA Savings | |
| 0.13% | - | - | Education IRA Savings | |
| 0.13% | - | - | SEP IRA Savings | |
| 0.13% | $10k | - | Business Membership Savings | |
| 0.13% | $10k | - | Business Special Savings | |
| 0.12% | - | - | Youth Savings | |
| 0.10% | - | - | Holiday Club |
Coast Central Credit Union Checking Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.10% | - | - | Interest Checking | |
| 0.07% | - | - | Business Interest Checking | |
| 0.07% | - | - | Business Commercial Account | |
| 0.07% | - | - | Business Transfer Account | |
| 0.03% | - | - | Business Analysis Account |
Coast Central Credit Union CD Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.26% | $10k | - | 60 Month CD | |
| 0.90% | $10k | - | 48 to 59 Month CD | |
| 0.70% | $10k | - | 36 to 47 Month CD | |
| 0.45% | $10k | - | 24 to 35 Month CD | |
| 0.30% | $10k | - | 12 to 23 Month CD | |
| 0.25% | $10k | - | 182 to 364 Day CD | |
| 0.15% | $10k | - | 90 to 181 Day CD |
Coast Central Credit Union IRA Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.26% | - | - | 60 Month IRA | |
| 1.26% | - | - | 60 Month Roth IRA | |
| 1.26% | - | - | 60 Month CESA | |
| 1.26% | - | - | 60 Month SEP IRA | |
| 0.90% | - | - | 48 to 59 Month IRA | |
| 0.90% | - | - | 48 to 59 Month Roth IRA | |
| 0.90% | - | - | 48 to 59 Month CESA | |
| 0.90% | - | - | 48 to 59 Month SEP IRA | |
| 0.70% | - | - | 36 to 47 Month IRA | |
| 0.70% | - | - | 36 to 47 Month Roth IRA | |
| 0.70% | - | - | 36 to 47 Month CESA | |
| 0.70% | - | - | 36 to 47 Month SEP IRA | |
| 0.45% | - | - | 24 to 35 Month IRA | |
| 0.45% | - | - | 24 to 35 Month Roth IRA | |
| 0.45% | - | - | 24 to 35 Month CESA | |
| 0.45% | - | - | 24 to 35 Month SEP IRA | |
| 0.30% | - | - | 12 to 23 Month IRA | |
| 0.30% | - | - | 12 to 23 Month Roth IRA | |
| 0.30% | - | - | 12 to 23 Month CESA | |
| 0.30% | - | - | 12 to 23 Month SEP IRA |
Coast Central Credit Union has 12 locations. Click to view all Coast Central Credit Union locations.