Contra Costa Federal Credit Union

Contra Costa Federal Credit Union is headquartered in Martinez and is the 61^st largest credit union in the state of California. It is also the 350^th largest credit union in the nation. It was established in 1949 and as of December of 2012, it had grown to 61 employees and 27,485 members. Contra Costa Federal Credit Union has a 5-star health rating.

Contra Costa Federal Credit Union Routing Number: 321173182

Contra Costa Federal Credit Union Checking Account Rates

Contra Costa Federal Credit Union Savings Account Rates

Contra Costa Federal Credit Union Money Market Rates

Contra Costa Federal Credit Union CD Rates

Data for Q4 2012

Institution Statistics CONTRA COSTA NCUA # 6333 BankRate Report View Year Chartered 1949 Employees 61 Primary Regulator Assets and Liabilities Assets $601.91 million Loans $143.46 million Deposits $536.91 million Equity Capital $61.90 million Loan Loss Allowance $2.45 million Unbacked Noncurrent Loans $171,000 Historic Data - December 2011 Assets $592.31 million Equity Capital $60.08 million Loan Loss Allowance $3.00 million Unbacked Noncurrent Loans $423,000 Profit Margin - Quarterly Net Interest Margin 4.32% Return on Assets 0.3% Return on Equity 2.94% Interest Income $11.79 million Non-Interest Income $1.67 million

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, 2012 Contra Costa Federal Credit Union had $171,000 in non-current loans and owned real-estate with $64.34 million in equity and loan loss allowances on hand to cover it. This gives Contra Costa Federal Credit Union a Texas Ratio of 0.27% 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 Contra Costa Federal Credit Union decreased significantly from 0.67% as of December 31, 2011 to 0.27% as of December 31, 2012, resulting in a positive change of 60.37%.This indicates that the balance sheet and financial strength for Contra Costa Federal Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Contra Costa Federal Credit Union has increased its total deposits by $8.7 million, resulting in 1.65% 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 Contra Costa Federal 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. Contra Costa Federal Credit Union has $601.91 million in assets with $64.34 million in equity, resulting in a capitalization level of 10.69%, which is above average.

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