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.
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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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.
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.
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.
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.
|Assets and Liabilities|
|Equity Capital||$25.78 million|
|Loan Loss Allowance||$186,000|
|Unbacked Noncurrent Loans||$106,000|
|Real Estate Owned||$0|
|Historic Data - March 2013|
|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 Margin||0.85%|
|Return on Assets||1.15%|
|Return on Equity||8.1%|
|Interest Income||$1.37 million|
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|0.50%||$100||-||IRA Share Savings|
|0.50%||$100||-||Roth IRA Share Savings|
|0.10%||-||-||Share Savings Account|
|0.15%||$2,500||-||Mappers Management Account|
|0.05%||-||-||Share Draft Account|
|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|
|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|
|Constellation Credit Union Locations|
|Branch Office||1810 Samuel Morse Dr||Reston, VA 201905319|
|Branch Office||7073 Brookfield Plaza||Springfield, VA 22150|