Co-Op Credit Union

Co-Op Credit Union is headquartered in BLACK RIVER FAL and is the 20^th largest credit union in the state of Wisconsin. It is also the 780^th largest credit union in the nation. It was established in 1938 and as of September of 2011, it had grown to 69 employees and 15,830 members. Co-Op Credit Union's savings rates are 92% higher than the national average, and it has a 4-star health rating.

Related Posts

Co-Op Credit Union Checking Account Rates

Co-Op Credit Union Savings Account Rates

Co-Op Credit Union CD Rates

Co-Op Credit Union IRA Rates

Data for Q3 2011

Institution Statistics CO-OP NCUA # 66983 BankRate Report View Year Established 1938 Employees 69 Primary Regulator Assets and Liabilities Assets $230.06 million Loans $189.32 million Deposits $203.85 million Equity Capital $25.51 million Loan Loss Allowance $1.65 million Unbacked Noncurrent Loans $3.87 million Real Estate Owned $1.29 million Historic Data - September 2010 Assets $201.03 million Equity Capital $22.16 million Loan Loss Allowance $1.31 million Unbacked Noncurrent Loans $4.68 million Real Estate Owned $122,000 Profit Margin - Quarterly Net Interest Margin 2.77% Return on Assets 0.81% Return on Equity 7.3% Interest Income $7.85 million Non-Interest Income $731,000

Institution Health Overall Score: 4 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 September 30, 2011 Co-Op Credit Union had $5.16 million in non-current loans and owned real-estate with $27.16 million in equity and loan loss allowances on hand to cover it. This gives Co-Op Credit Union a Texas Ratio of 18.98% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Co-Op Credit Union held steady from 20.45% as of September 30, 2010 to 18.98% as of September 30, 2011, resulting in a positive change of 7.18%.This indicates that the balance sheet and financial strength for Co-Op Credit Union has held steady in recent periods. Deposit Growth In the past year, Co-Op Credit Union has increased its total deposits by $26.29 million, resulting in 14.81% 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 Co-Op Credit Union has shown is excellent. 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. Co-Op Credit Union has $230.06 million in assets with $27.16 million in equity, resulting in a capitalization level of 11.80%, which is above average.

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