Corpus Christi S.P. Credit Union

Corpus Christi S.P. Credit Union is headquartered in Corpus Christi and is the 442^nd largest credit union in the state of Texas. It is also the 5,679^th largest credit union in the nation. It was established in 1953 and as of December of 2011, it had grown to 4 employees and 994 members. Corpus Christi S.P. Credit Union's CD rates are 40% higher than the national average, and it boasts a 5-star health rating.

Corpus Christi S.P. Credit Union Savings Account Rates

Corpus Christi S.P. Credit Union CD Rates

Data for Q4 2011

Institution Statistics CORPUS CHRISTI S.P. NCUA # 67485 BankRate Report View Year Chartered 1953 Employees 4 Primary Regulator Assets and Liabilities Assets $4.31 million Loans $3.51 million Deposits $3.24 million Equity Capital $1.06 million Loan Loss Allowance $26,000 Historic Data - December 2010 Assets $4.33 million Equity Capital $1.03 million Loan Loss Allowance $28,000 Unbacked Noncurrent Loans $12,000 Profit Margin - Quarterly Net Interest Margin 6.67% Return on Assets 0.65% Return on Equity 2.65% Interest Income $268,000 Non-Interest Income $45,000

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, 2011 Corpus Christi S.P. Credit Union had $0 in non-current loans and owned real-estate with $1.08 million in equity and loan loss allowances on hand to cover it. This gives Corpus Christi S.P. Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Corpus Christi S.P. Credit Union has decreased its total deposits by $-24,000, resulting in -0.74% 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 Corpus Christi S.P. Credit Union has shown is 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. Corpus Christi S.P. Credit Union has $4.31 million in assets with $1.08 million in equity, resulting in a capitalization level of 25.07%, which is excellent.

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