CPM Credit Union

CPM Credit Union is headquartered in Charleston and is the 11^st largest credit union in the state of South Carolina. It is also the 711^st largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 179 employees and 70,043 members. CPM Credit Union has a 4-star health rating.

CPM Credit Union Checking Account Rates

CPM Credit Union Savings Account Rates

CPM Credit Union Money Market Rates

CPM Credit Union CD Rates

CPM Credit Union IRA Rates

Data for Q4 2011

Institution Statistics CPM NCUA # 21971 BankRate Report View Year Chartered 1955 Employees 179 Primary Regulator Assets and Liabilities Assets $257.94 million Loans $141.62 million Deposits $229.59 million Equity Capital $23.53 million Loan Loss Allowance $3.52 million Unbacked Noncurrent Loans $1.37 million Real Estate Owned $2.25 million Historic Data - December 2010 Assets $238.35 million Equity Capital $22.12 million Loan Loss Allowance $5.76 million Unbacked Noncurrent Loans $1.16 million Real Estate Owned $3.19 million Profit Margin - Quarterly Net Interest Margin 6.32% Return on Assets 0.52% Return on Equity 5.69% Interest Income $10.19 million Non-Interest Income $10.99 million

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 December 31, 2011 CPM Credit Union had $3.62 million in non-current loans and owned real-estate with $27.05 million in equity and loan loss allowances on hand to cover it. This gives CPM Credit Union a Texas Ratio of 13.37% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for CPM Credit Union held steady from 15.59% as of December 31, 2010 to 13.37% as of December 31, 2011, resulting in a positive change of 14.24%.This indicates that the balance sheet and financial strength for CPM Credit Union has held steady in recent periods. Deposit Growth In the past year, CPM Credit Union has increased its total deposits by $16.06 million, resulting in 7.52% 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 CPM 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. CPM Credit Union has $257.94 million in assets with $27.05 million in equity, resulting in a capitalization level of 10.49%, which is above average.

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