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Overview / Commentary
800-826-3818
1810 Samuel Morse Dr
Reston, VA 20190

Constellation Credit Union is headquartered in RESTON and is the 32nd largest credit union in the state of Virginia. It is also the 993rd largest credit union in the nation. It was established in 1944 and as of December of 2013, it had grown to 23 employees and 8,135 members. Constellation Credit Union has a A+ health rating.

Field of Membership Restrictions

Must be an employee of the National Geospatial-Intelligence Agency in the Washington, DC metropolitan area; Stewart Title and Escrow, Inc. in Fairfax, VA; Expovisions, Inc. in Falls Church, VA or NJVC in Vienna, VA. - See Details

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Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

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, 2013 Constellation Credit Union had $1 million in non-current loans and owned real-estate with $26.05 million in equity and loan loss allowances on hand to cover it. This gives Constellation Credit Union a Texas Ratio of 3.85% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for Constellation Credit Union decreased slightly from 4.49% as of December 31, 2012 to 3.85% as of December 31, 2013, resulting in a positive change of 14.17%.This indicates that the balance sheet and financial strength for Constellation Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Constellation Credit Union has increased its total deposits by $1.97 million, resulting in 1.3% 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 Constellation 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. Constellation Credit Union has $179.16 million in assets with $26.05 million in equity, resulting in a capitalization level of 14.54%, which is excellent.

Institution Statistics

Overall
NCUA #5098
Year Chartered1944
Employees23
Primary Regulator
Assets and Liabilities
Assets$179.16 million
Loans$126.43 million
Deposits$152.99 million
Equity Capital$25.64 million
Loan Loss Allowance$408,000
Unbacked Noncurrent Loans$701,000
Real Estate Owned$303,000
Historic Data - December 2012
Assets$176.85 million
Equity Capital$25.40 million
Loan Loss Allowance$381,000
Unbacked Noncurrent Loans$701,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.36%
Return on Assets0.13%
Return on Equity0.92%
Interest Income$5.49 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Constellation Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Constellation Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$100-IRA Share Savings
0.50%$100-Roth IRA Share Savings
0.10%--Share Savings Account

Constellation Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$20k-Galaxy Account
0.15%$2,500-Mappers Management Account

Constellation Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--Share Draft Account

Constellation Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.90%$1k-60 Month Share Certificate
1.80%$1k-48 Month Share Certificate
1.50%$1k-36 Month Share Certificate
1.50%$1k-84 Month Add On Share Certificate
1.20%$1k-60 Month Add On Share Certificate
1.10%$1k-24 Month Share Certificate
0.90%$1k-18 Month Share Certificate
0.60%$1k-12 Month Share Certificate
0.40%$1k-6 Month Share Certificate
0.30%$1k-91 Day Share Certificate

Constellation Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.90%$1k-60 Month IRA Certificate (Traditional,Roth)
1.80%$1k-48 Month IRA Certificate (Traditional,Roth)
1.50%$1k-36 Month IRA Certificate (Traditional,Roth)
1.10%$1k-24 Month IRA Certificate (Traditional,Roth)
0.90%$1k-18 Month IRA Certificate (Traditional,Roth)
0.60%$1k-12 Month IRA Certificate (Traditional,Roth)
Locations


Constellation Credit Union Locations
Branch Office1810 Samuel Morse DrReston, VA 201905319