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Overview / Commentary
800-826-3818
1810 Samuel Morse Dr
Reston, VA 20190-5319

Constellation Credit Union is headquartered in Reston and is the 32nd largest credit union in the state of Virginia. It is also the 1,010st largest credit union in the nation. It was established in 1944 and as of March of 2014, it had grown to 23 employees and 8,124 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 Q1 2014

Institution Health

A

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 Constellation Credit Union had $106,000 in non-current loans and owned real-estate with $25.97 million in equity and loan loss allowances on hand to cover it. This gives Constellation Credit Union a Texas Ratio of 0.41% 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 Constellation Credit Union decreased dramatically from 3.63% as of March 31, 2013 to 0.41% as of March 31, 2014, resulting in a positive change of 88.75%.This indicates that the balance sheet and financial strength for Constellation Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
C

In the past year, Constellation Credit Union has decreased its total deposits by -$1.83 million, resulting in -1.17% 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 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 $181.09 million in assets with $25.97 million in equity, resulting in a capitalization level of 14.34%, which is excellent.

Institution Statistics

Overall
NCUA #5098
Year Chartered1944
Employees23
Primary Regulator
Assets and Liabilities
Assets$181.09 million
Loans$127.17 million
Deposits$154.51 million
Equity Capital$25.78 million
Loan Loss Allowance$186,000
Unbacked Noncurrent Loans$106,000
Real Estate Owned$0
Historic Data - March 2013
Assets$182.29 million
Equity Capital$25.51 million
Loan Loss Allowance$110,000
Unbacked Noncurrent Loans$106,000
Real Estate Owned$159,000
Profit Margin - Quarterly
Net Interest Margin0.85%
Return on Assets1.15%
Return on Equity8.1%
Interest Income$1.37 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
0.25%$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
1.50%$1k-48 Month Share Certificate
1.50%$1k-84 Month Add On Share Certificate
1.30%$1k-36 Month Share Certificate
1.20%$1k-60 Month Add On Share Certificate
0.60%$1k-24 Month Share Certificate
0.55%$1k-18 Month Share Certificate
0.50%$1k-12 Month Share Certificate
0.30%$1k-6 Month Share Certificate
0.20%$1k-91 Day Share Certificate

Constellation Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.90%$1k-60 Month IRA Certificate
1.50%$1k-48 Month IRA Certificate
1.30%$1k-36 Month IRA Certificate
0.60%$1k-24 Month IRA Certificate
0.55%$1k-18 Month IRA Certificate
0.50%$1k-12 Month IRA Certificate
Locations


Constellation Credit Union Locations
Branch Office1810 Samuel Morse DrReston, VA 201905319
Branch Office7073 Brookfield PlazaSpringfield, VA 22150