Crane Federal Credit Union

Crane Federal Credit Union is headquartered in Odon and is the 16^st largest credit union in the state of Indiana. It is also the 511^st largest credit union in the nation. It was established in 1955 and as of September of 2011, it had grown to 88 employees and 29,051 members. Crane Federal Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

Crane Federal Credit Union Routing Number: 283977688

Related Posts

Crane Federal Credit Union Checking Account Rates

Crane Federal Credit Union Savings Account Rates

Crane Federal Credit Union Money Market Rates

Crane Federal Credit Union CD Rates

Crane Federal Credit Union IRA Rates

Data for Q3 2011

Institution Statistics CRANE NCUA # 10544 BankRate Report View Year Established 1955 Employees 88 Primary Regulator Assets and Liabilities Assets $373.01 million Loans $216.73 million Deposits $323.39 million Equity Capital $48.29 million Loan Loss Allowance $609,000 Unbacked Noncurrent Loans $860,000 Real Estate Owned $35,000 Historic Data - September 2010 Assets $334.59 million Equity Capital $45.39 million Loan Loss Allowance $960,000 Unbacked Noncurrent Loans $1.15 million Real Estate Owned $842,000 Profit Margin - Quarterly Net Interest Margin 3.25% Return on Assets 0.6% Return on Equity 4.63% Interest Income $10.69 million Non-Interest Income $2.40 million

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 September 30, 2011 Crane Federal Credit Union had $895,000 in non-current loans and owned real-estate with $48.9 million in equity and loan loss allowances on hand to cover it. This gives Crane Federal Credit Union a Texas Ratio of 1.83% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Crane Federal Credit Union decreased significantly from 4.30% as of September 30, 2010 to 1.83% as of September 30, 2011, resulting in a positive change of 57.46%.This indicates that the balance sheet and financial strength for Crane Federal Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Crane Federal Credit Union has increased its total deposits by $35.53 million, resulting in 12.34% 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 Crane Federal 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. Crane Federal Credit Union has $373.01 million in assets with $48.9 million in equity, resulting in a capitalization level of 13.11%, which is excellent.

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