Crescent CU (MA)

1300 Belmont St 2nd and 3rd Floors
Brockton, MA 02301
(508) 559-5400
www.crescentcredit.org

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Crescent CU (MA) is headquartered in Brockton and is the 26^th largest credit union in the state of Massachusetts. It is also the 512^st largest credit union in the nation. It was established in 1919 and as of December of 2012, it had grown to 97 employees and 46,797 members. Crescent CU (MA) has a 5-star health rating.

Crescent Credit Union RCA Tiered Rates With 1-Year Guarantee: Rate Drop (Forum) - 11/13/2012

In May of this year, Ken reported a great deal: the eRewards account at this institution offered a guaranteed rate for 1 year from account opening. As of 5/29/12, the rates were as follows: 4.00% APY for balance up to $5,000 2.00% APY

Reward Checking Account with a 1-Year Rate Guarantee at Crescent CU in MA - 5/29/2012

Back in 2007 and 2008, several banks and credit unions had offered a rate guarantee on their reward checking accounts. Those have become rare these days, but I came across one at Crescent Credit Union ...

High Yield Reward Checking with Catches at Crescent Credit Union in MA - Local Only - 7/3/2011

At first look, the reward checking account at Crescent Credit Union called eRewards Checking appears to be a very good deal. However, it has a few important features that make it much less attractive. ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Crescent CU (MA) Checking Account Rates

Apy	Min	Max	Product
2.00%	-	$5k	eRewards Checking
0.15%	-	-	Relationship Checking
0.05%	-	-	Crescent 62 Checking

Crescent CU (MA) Savings Account Rates

Apy	Min	Max	Product
0.10%	-	-	Passbook Savings
0.10%	-	-	Statement Savings
0.10%	-	-	Club Account

Crescent CU (MA) Money Market Rates

Apy	Min	Max	Product
0.35%	$50k	-	Maximum Money Market
0.30%	$100k	-	Super Money Market
0.15%	$2,500	-	Money Market

Crescent CU (MA) CD Rates

Apy	Min	Max	Product
1.15%	$1k	-	5 Year Certificate
1.00%	$1k	-	4 Year Certificate
0.85%	$1k	-	3 Year Certificate
0.80%	$1k	-	2 ½ Year Certificate
0.75%	$1k	-	2 Year Certificate
0.60%	$1k	-	18 Month Certificate
0.50%	$1k	-	15 Month Certificate
0.40%	$1k	-	1 Year Certificate
0.35%	$1k	-	9 Month Certificate
0.25%	$1k	-	6 Month Certificate
0.20%	$1k	-	91 Day Certificate

Crescent CU (MA) IRA Rates

Apy	Min	Max	Product
1.15%	$1k	-	5 Year IRA Certificate
1.00%	$1k	-	4 Year IRA Certificate
0.85%	$1k	-	3 Year IRA Certificate
0.80%	$1k	-	2 ½ Year IRA Certificate
0.75%	$1k	-	2 Year IRA Certificate
0.60%	$1k	-	18 Month IRA Certificate
0.50%	$1k	-	15 Month IRA Certificate
0.40%	$1k	-	1 Year IRA Certificate
0.35%	$1k	-	9 Month IRA Certificate
0.25%	$1k	-	6 Month IRA Certificate
0.20%	$1k	-	91 Day IRA Certificate

Rates updated: 5/22/2013

Data for Q4 2012

Institution Statistics

CRESCENT
NCUA #	68048
BankRate Report	View
Year Chartered	1919
Employees	97
Primary Regulator
Assets and Liabilities
Assets	$401.76 million
Loans	$325.16 million
Deposits	$298.73 million
Equity Capital	$50.12 million
Loan Loss Allowance	$2.62 million
Unbacked Noncurrent Loans	$3.22 million
Historic Data - December 2011
Assets	$405.16 million
Equity Capital	$48.64 million
Loan Loss Allowance	$2.67 million
Unbacked Noncurrent Loans	$1.88 million
Profit Margin - Quarterly
Net Interest Margin	4.09%
Return on Assets	0.36%
Return on Equity	2.85%
Interest Income	$14.27 million
Non-Interest Income	$4.05 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 December 31, 2012 Crescent CU (MA) had $3.22 million in non-current loans and owned real-estate with $52.74 million in equity and loan loss allowances on hand to cover it. This gives Crescent CU (MA) a Texas Ratio of 6.10% 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 Crescent CU (MA) held steady from 3.66% as of December 31, 2011 to 6.10% as of December 31, 2012, resulting in a negative change of 66.53%. This indicates that the balance sheet and financial strength for Crescent CU (MA) has held steady in recent periods.
Deposit Growth
In the past year, Crescent CU (MA) has increased its total deposits by $435,000, resulting in 0.15% 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 Crescent CU (MA) 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. Crescent CU (MA) has $401.76 million in assets with $52.74 million in equity, resulting in a capitalization level of 13.13%, which is excellent.