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Not Federally Insured
208-459-3500
P.O. Box 158
Caldwell, ID 83606

Cornerstone CU (ID) is headquartered in Caldwell and is the 29th largest credit union in the state of Idaho. It is also the 3,661st largest credit union in the nation. It was established in 1955 and as of December of 2013, it had grown to 11 employees and 4,806 members. Cornerstone CU (ID) has a C+ health rating.

Field of Membership Restrictions

Membership is open to medical and health professionals who live or work in the counties of Ada and Canyon, Idaho; employees and retirees of Intermountain Gas Company; persons who live, work or worship in the 83714 zip code. Family members are also welcome. Contact Us if you would like more information. - See Details

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Health

Data for Q4 2013

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Cornerstone CU (ID) has a low asset base.

Texas Ratio

GRADE:
B+

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, 2013 Cornerstone CU (ID) had $138,000 in non-current loans and owned real-estate with $1.22 million in equity and loan loss allowances on hand to cover it. This gives Cornerstone CU (ID) a Texas Ratio of 11.30% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Cornerstone CU (ID) decreased dramatically from 24.14% as of December 31, 2012 to 11.30% as of December 31, 2013, resulting in a positive change of 53.19%.This indicates that the balance sheet and financial strength for Cornerstone CU (ID) has improved dramatically in recent periods.

Deposit Growth

GRADE:
C

In the past year, Cornerstone CU (ID) has decreased its total deposits by $-327,000, resulting in -1.89% 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 Cornerstone CU (ID) has shown is average.

Capitalization

GRADE:
C-

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. Cornerstone CU (ID) has $18.13 million in assets with $1.22 million in equity, resulting in a capitalization level of 6.74%, which is below average.

Institution Statistics

Overall
NCUA #97054
Year Chartered1955
Employees11
Primary Regulator
Assets and Liabilities
Assets$18.13 million
Loans$10.05 million
Deposits$16.94 million
Equity Capital$1.12 million
Loan Loss Allowance$104,000
Unbacked Noncurrent Loans$138,000
Real Estate Owned$0
Historic Data - December 2012
Assets$18.51 million
Equity Capital$1.17 million
Loan Loss Allowance$206,000
Unbacked Noncurrent Loans$138,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin6.03%
Return on Assets-0.26%
Return on Equity-4.21%
Interest Income$649,000
Rates
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Cornerstone CU (ID) Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--Youth Share Account
0.05%$500-Share Account
0.05%$500-Special Account
0.05%$500-Holiday Account

Cornerstone CU (ID) Money Market Rates

DetailsAPYMINMAXPRODUCT
0.05%$10k-Money Market Accounts
Locations


Cornerstone CU (ID) Locations
Branch Office404 Holly StNampa, ID 83686-5108
Branch Office416 S Kimball AveCaldwell, ID 83605-4171