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Overview / Commentary
800-352-5195
2800 S Woodlands Village Blvd
Flagstaff, AZ 86001

Coconino Credit Union is headquartered in Flagstaff and is the 24th largest credit union in the state of Arizona. It is also the 2,075th largest credit union in the nation. It was established in 1955 and as of March of 2014, it had grown to 20 employees and 8,323 members. Coconino Credit Union has a B+ health rating.

Field of Membership Restrictions

Anyone who lives, works, or worships in Coconino County - 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. Coconino Credit Union has a relatively 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 Coconino Credit Union had $36,000 in non-current loans and owned real-estate with $5.55 million in equity and loan loss allowances on hand to cover it. This gives Coconino Credit Union a Texas Ratio of 0.65% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Coconino Credit Union decreased dramatically from 1.62% as of March 31, 2013 to 0.65% as of March 31, 2014, resulting in a positive change of 60.05%.This indicates that the balance sheet and financial strength for Coconino Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Coconino Credit Union has increased its total deposits by $4.13 million, resulting in 8.09% 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 Coconino Credit Union has shown is excellent.

Capitalization

GRADE:
C+

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. Coconino Credit Union has $60.95 million in assets with $5.55 million in equity, resulting in a capitalization level of 9.11%, which is average.

Institution Statistics

Overall
NCUA #10335
Year Chartered1955
Employees20
Primary Regulator
Assets and Liabilities
Assets$60.95 million
Loans$26.77 million
Deposits$55.22 million
Equity Capital$5.25 million
Loan Loss Allowance$304,000
Unbacked Noncurrent Loans$36,000
Real Estate Owned$0
Historic Data - March 2013
Assets$56.81 million
Equity Capital$4.91 million
Loan Loss Allowance$271,000
Unbacked Noncurrent Loans$36,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.36%
Return on Assets0.26%
Return on Equity3.05%
Interest Income$448,000
Rates
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Coconino Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--Special Club Accounts
0.10%$25-Regular Share Savings

Coconino Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$50k-Money Market Account

Coconino Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.60%$2k-24 Month CD
0.35%$25k-12 Month CD
0.30%$25k-6 Month CD
0.25%$25k-3 Month CD
0.20%$500-12 Month Small Savers CD

Coconino Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.80%$1k-36 Month IRA CD
0.60%$1k-24 Month IRA CD
0.40%$1k-12 Month IRA CD
Locations


Coconino Credit Union Locations
Branch Office44 6th AvePage, AZ 86040
Branch Office2215 E 7th AveFlagstaff, AZ 86004
Branch Office2800 S Woodlands Village BlvdFlagstaff, AZ 86001