Credit Union Of Texas

Credit Union Of Texas is headquartered in DALLAS and is the 13^st largest credit union in the state of Texas. It is also the 182^nd largest credit union in the nation. It was established in 1931 and as of December of 2011, it had grown to 311 employees and 140,934 members. Credit Union Of Texas has a 2-star health rating.

Credit Union Of Texas Checking Account Rates

Credit Union Of Texas Savings Account Rates

Credit Union Of Texas Money Market Rates

Credit Union Of Texas CD Rates

Credit Union Of Texas IRA Rates

Data for Q4 2011

Institution Statistics CREDIT UNION OF TEXAS NCUA # 66327 BankRate Report View Year Chartered 1931 Employees 311 Primary Regulator Assets and Liabilities Assets $1.01 billion Loans $688.58 million Deposits $913.47 million Equity Capital $61.95 million Loan Loss Allowance $26.53 million Unbacked Noncurrent Loans $27.05 million Historic Data - December 2010 Assets $996.42 million Equity Capital $59.46 million Loan Loss Allowance $18.79 million Unbacked Noncurrent Loans $8.21 million Profit Margin - Quarterly Net Interest Margin 5.84% Return on Assets -0.06% Return on Equity -0.98% Interest Income $43.50 million Non-Interest Income $16.82 million

Institution Health Overall Score: 2 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 Credit Union Of Texas had $27.05 million in non-current loans and owned real-estate with $88.48 million in equity and loan loss allowances on hand to cover it. This gives Credit Union Of Texas a Texas Ratio of 30.57% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Credit Union Of Texas increased slightly from 10.49% as of December 31, 2010 to 30.57% as of December 31, 2011, resulting in a negative change of 191.56%. This indicates that the balance sheet and financial strength for Credit Union Of Texas has declined slightly in recent periods. Deposit Growth In the past year, Credit Union Of Texas has decreased its total deposits by -$1.94 million, resulting in -0.21% 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 Credit Union Of Texas 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. Credit Union Of Texas has $1.01 billion in assets with $88.48 million in equity, resulting in a capitalization level of 8.79%, which is average.

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