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Overview / Commentary
877-920-0200
P.O. Box 507
Cottonwood, ID 83522

Cottonwood Community Credit Union is headquartered in Cottonwood and is the 14st largest credit union in the state of Idaho. It is also the 1,749th largest credit union in the nation. It was established in 1942 and as of December of 2013, it had grown to 19 employees and 4,588 members. Cottonwood Community Credit Union's CD rates are 39% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Idaho or Lewis County. - See Details

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Health

Data for Q4 2013

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Cottonwood Community Credit Union has a relatively 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 Cottonwood Community Credit Union had $1.68 million in non-current loans and owned real-estate with $12.16 million in equity and loan loss allowances on hand to cover it. This gives Cottonwood Community Credit Union a Texas Ratio of 13.81% 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 Cottonwood Community Credit Union decreased dramatically from 19.92% as of December 31, 2012 to 13.81% as of December 31, 2013, resulting in a positive change of 30.69%.This indicates that the balance sheet and financial strength for Cottonwood Community Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A

In the past year, Cottonwood Community Credit Union has increased its total deposits by $2.09 million, resulting in 3.34% 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 Cottonwood Community Credit Union has shown is excellent.

Capitalization

GRADE:
A+

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. Cottonwood Community Credit Union has $78.43 million in assets with $12.16 million in equity, resulting in a capitalization level of 15.51%, which is excellent.

Institution Statistics

Overall
NCUA #4960
Year Chartered1942
Employees19
Primary Regulator
Assets and Liabilities
Assets$78.43 million
Loans$56.57 million
Deposits$64.55 million
Equity Capital$11.54 million
Loan Loss Allowance$623,000
Unbacked Noncurrent Loans$1.17 million
Real Estate Owned$513,000
Historic Data - December 2012
Assets$73.07 million
Equity Capital$10.44 million
Loan Loss Allowance$692,000
Unbacked Noncurrent Loans$1.17 million
Real Estate Owned$933,000
Profit Margin - Quarterly
Net Interest Margin4.82%
Return on Assets1.41%
Return on Equity9.55%
Interest Income$3.45 million
Rates
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Cottonwood Community Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.40%--Regular Share Account

Cottonwood Community Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.90%$500-5 Year Share Certificate
1.40%$500-4 Year Share Certificate
1.25%$500-3 Year Share Certificate
1.25%$500-1-3 Year Student Share Certificate
1.00%$500-2 Year Share Certificate
0.75%$500-18 Month Share Certificate
0.70%$500-1 Year Share Certificate
0.50%$500-9 Month Share Certificate
0.45%$500-6 Month Share Certificate
Locations


Cottonwood Community Credit Union Locations
Branch Office221 Main StreetCraigmont, ID 83523
Branch Office421 Oak StreetNezperce, ID 83543
Branch Office1606 Lewiston StCottonwood, ID 83522