Concho Educators Credit Union

Concho Educators Credit Union is headquartered in SAN ANGELO and is the 139^th largest credit union in the state of Texas. It is also the 1,922^nd largest credit union in the nation. It was established in 1941 and as of December of 2011, it had grown to 22 employees and 6,891 members. Concho Educators Credit Union has a 5-star health rating.

Concho Educators Credit Union Checking Account Rates

Concho Educators Credit Union Savings Account Rates

Concho Educators Credit Union Money Market Rates

Concho Educators Credit Union CD Rates

Concho Educators Credit Union IRA Rates

Data for Q4 2011

Institution Statistics CONCHO EDUCATORS NCUA # 4684 BankRate Report View Year Chartered 1941 Employees 22 Primary Regulator Assets and Liabilities Assets $64.11 million Loans $23.40 million Deposits $57.54 million Equity Capital $6.40 million Loan Loss Allowance $64,000 Unbacked Noncurrent Loans $15,000 Historic Data - December 2010 Assets $62.11 million Equity Capital $5.91 million Loan Loss Allowance $63,000 Unbacked Noncurrent Loans $8,000 Profit Margin - Quarterly Net Interest Margin 4.64% Return on Assets 0.17% Return on Equity 1.74% Interest Income $1.84 million Non-Interest Income $734,000

Institution Health Overall Score: 5 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 Concho Educators Credit Union had $15,000 in non-current loans and owned real-estate with $6.46 million in equity and loan loss allowances on hand to cover it. This gives Concho Educators Credit Union a Texas Ratio of 0.23% 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 Concho Educators Credit Union held steady from 0.13% as of December 31, 2010 to 0.23% as of December 31, 2011, resulting in a negative change of 73.25%. This indicates that the balance sheet and financial strength for Concho Educators Credit Union has held steady in recent periods. Deposit Growth In the past year, Concho Educators Credit Union has increased its total deposits by $1.57 million, resulting in 2.8% 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 Concho Educators 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. Concho Educators Credit Union has $64.1 million in assets with $6.46 million in equity, resulting in a capitalization level of 10.08%, which is above average.

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