Community Alliance Credit Union

Community Alliance Credit Union is headquartered in Dearborn and is the 119^st largest credit union in the state of Michigan. It is also the 1,761^st largest credit union in the nation. It was established in 1966 and as of December of 2011, it had grown to 30 employees and 8,053 members. Community Alliance Credit Union's money market rates are 25% higher than the national average, and it has a 4-star health rating.

Community Alliance Credit Union Routing Number: 272477885

Community Alliance Credit Union Checking Account Rates

Community Alliance Credit Union Savings Account Rates

Community Alliance Credit Union Money Market Rates

Community Alliance Credit Union CD Rates

Community Alliance Credit Union IRA Rates

Data for Q4 2011

Institution Statistics COMMUNITY ALLIANCE NCUA # 61184 BankRate Report View Year Chartered 1966 Employees 30 Primary Regulator Assets and Liabilities Assets $73.81 million Loans $56.67 million Deposits $65.96 million Equity Capital $7.04 million Loan Loss Allowance $908,000 Unbacked Noncurrent Loans $680,000 Real Estate Owned $134,000 Historic Data - December 2010 Assets $71.09 million Equity Capital $6.93 million Loan Loss Allowance $904,000 Unbacked Noncurrent Loans $920,000 Profit Margin - Quarterly Net Interest Margin 6.8% Return on Assets 0.17% Return on Equity 1.8% Interest Income $4.24 million Non-Interest Income $972,000

Institution Health Overall Score: 4 out of 5 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 December 31, 2011 Community Alliance Credit Union had $814,000 in non-current loans and owned real-estate with $7.95 million in equity and loan loss allowances on hand to cover it. This gives Community Alliance Credit Union a Texas Ratio of 10.24% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Community Alliance Credit Union held steady from 11.75% as of December 31, 2010 to 10.24% as of December 31, 2011, resulting in a positive change of 12.85%.This indicates that the balance sheet and financial strength for Community Alliance Credit Union has held steady in recent periods. Deposit Growth In the past year, Community Alliance Credit Union has increased its total deposits by $2.3 million, resulting in 3.62% 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 Community Alliance Credit Union has shown is above average. 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. Community Alliance Credit Union has $73.81 million in assets with $7.95 million in equity, resulting in a capitalization level of 10.77%, which is above average.

No reviews have been left for this bank yet. Be the first to review.