Cooperative Center Federal Credit Union

Cooperative Center Federal Credit Union Locations
2001 Ashby Ave.
Berkeley , CA 94703
(510) 845-6428
www.coopfcu.org



Cooperative Center Federal Credit Union is headquartered in BERKELEY and is the 157th largest credit union in the state of California. It is also the 1,517st largest credit union in the nation. It was established in 1942 and as of September of 2011, it had grown to 25 employees and 11,046 members. Cooperative Center Federal Credit Union has a 3-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Cooperative Center Federal Credit Union Checking Account Rates

ApyMinMaxProduct
2.01%-$10kGreen Rewards Checking
0.05%$750-Student Checking
0.05%$2k-Platinum Checking
0.05%$2k-Prestige Checking

Cooperative Center Federal Credit Union Savings Account Rates

ApyMinMaxProduct
0.05%$100-Regular Savings
0.05%$100-Holiday Savings
0.05%$100-Traditional IRA Savings
0.05%$100-CESA Savings
0.05%$25-Young Savers
0.05%$25-Senior Plus Savings
0.05%$100-Roth IRA Savings
0.05%$100-SEP IRA Savings

Cooperative Center Federal Credit Union Money Market Rates

ApyMinMaxProduct
0.26%$100k-Money Market Checking

Cooperative Center Federal Credit Union CD Rates

ApyMinMaxProduct
0.25%$1k-3 Year CD
0.25%$1k-4 Year CD
0.20%$1k-1 Year CD
0.20%$1k-18 Month CD
0.20%$1k-2 Year CD
0.10%$1k-3 Month CD
0.10%$1k-6 Month CD

Cooperative Center Federal Credit Union IRA Rates

ApyMinMaxProduct
0.25%$100-3 Year IRA
0.25%$100-4 Year IRA
0.25%$100-3 Year Roth IRA
0.25%$100-4 Year Roth IRA
0.25%$100-3 Year SEP IRA
0.25%$100-4 Year SEP IRA
0.20%$100-1 Year IRA
0.20%$1k-18 Month IRA
0.20%$100-2 Year IRA
0.20%$100-1 Year Roth IRA
0.20%$100-18 Month Roth IRA
0.20%$100-2 Year Roth IRA
0.20%$100-1 Year SEP IRA
0.20%$100-18 Month SEP IRA
0.20%$100-2 Year SEP IRA

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


COOPERATIVE CENTER
NCUA #4900
BankRate ReportView
Year Established1942
Employees25
Primary Regulator

Assets and Liabilities

Assets$89.88 million
Loans$42.24 million
Deposits$81.82 million
Equity Capital$4.55 million
Loan Loss Allowance$594,000
Unbacked Noncurrent Loans$1.08 million
Real Estate Owned$2.01 million

Historic Data - September 2010

Assets$85.79 million
Equity Capital$5.24 million
Loan Loss Allowance$841,000
Unbacked Noncurrent Loans$1.79 million
Real Estate Owned$447,000

Profit Margin - Quarterly

Net Interest Margin4.09%
Return on Assets-0.93%
Return on Equity-18.29%
Interest Income$2.51 million
Non-Interest Income$653,000

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio2
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 Cooperative Center Federal Credit Union had $3.08 million in non-current loans and owned real-estate with $5.14 million in equity and loan loss allowances on hand to cover it. This gives Cooperative Center Federal Credit Union a Texas Ratio of 59.89% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Cooperative Center Federal Credit Union increased slightly from 36.79% as of September 30, 2010 to 59.89% as of September 30, 2011, resulting in a negative change of 62.79%. This indicates that the balance sheet and financial strength for Cooperative Center Federal Credit Union has declined slightly in recent periods.
Deposit Growth5
In the past year, Cooperative Center Federal Credit Union has increased its total deposits by $4.22 million, resulting in 5.44% 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 Cooperative Center Federal Credit Union has shown is excellent.
Capitalization2
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. Cooperative Center Federal Credit Union has $89.88 million in assets with $5.14 million in equity, resulting in a capitalization level of 5.72%, which is below average.
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