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Overview / Commentary
337-477-2000
4321 Nelson Rd
Lake Charles, LA 70605

CSE Credit Union is headquartered in LAKE CHARLES and is the 8th largest credit union in the state of Louisiana. It is also the 715st largest credit union in the nation. It was established in 1943 and as of December of 2013, it had grown to 80 employees and 34,415 members. CSE Credit Union has a A health rating.

Field of Membership Restrictions

Must be an employee of A-1 Wrecker Services LLC or several other companies listed in their Selected Employee Group. - See Details

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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 CSE Credit Union had $1.65 million in non-current loans and owned real-estate with $35.93 million in equity and loan loss allowances on hand to cover it. This gives CSE Credit Union a Texas Ratio of 4.59% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for CSE Credit Union decreased dramatically from 6.80% as of December 31, 2012 to 4.59% as of December 31, 2013, resulting in a positive change of 32.44%.This indicates that the balance sheet and financial strength for CSE Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B

In the past year, CSE Credit Union has increased its total deposits by $1.38 million, resulting in 0.57% 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 CSE Credit Union has shown is above average.

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. CSE Credit Union has $279.63 million in assets with $35.93 million in equity, resulting in a capitalization level of 12.85%, which is excellent.

Institution Statistics

Overall
NCUA #5086
Year Chartered1943
Employees80
Primary Regulator
Assets and Liabilities
Assets$279.63 million
Loans$165.54 million
Deposits$242.78 million
Equity Capital$34.86 million
Loan Loss Allowance$1.07 million
Unbacked Noncurrent Loans$1.64 million
Real Estate Owned$8,000
Historic Data - December 2012
Assets$277.63 million
Equity Capital$33.94 million
Loan Loss Allowance$1.05 million
Unbacked Noncurrent Loans$1.64 million
Real Estate Owned$540,000
Profit Margin - Quarterly
Net Interest Margin4.77%
Return on Assets0.33%
Return on Equity2.64%
Interest Income$9.26 million
Rates

Always verify rates and promotions with the bank or credit union. We are not CSE Credit Union, we are a rate comparison website and can not provide official rates or promotions.

CSE Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$25-IRA Savings
0.10%--Share Savings
0.10%--Payable-On-Death Savings
0.10%$25-Christmas Club
0.10%--Business Share Savings

CSE Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$100k-Money Market

CSE Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
3.25%-$10kRewards Checking
0.05%--Rewards Checking

CSE Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.11%$500-5 Year Youth CD
1.11%$1k-5 Year CD
0.85%$500-3 Year Youth CD
0.85%$1k-3 Year CD
0.55%$500-2 Year Youth CD
0.55%$1k-2 Year CD
0.40%$500-18 Month Youth CD
0.40%$1k-18 Month CD
0.30%$500-1 Year Youth CD
0.30%$1k-1 Year CD
0.15%$500-6 Month Youth CD
0.15%$1k-6 Month CD

CSE Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.16%$250-5 Year IRA
0.90%$250-3 Year IRA
0.60%$250-2 Year IRA
0.45%$250-18 Month IRA
0.35%$250-1 Year IRA
0.20%$250-6 Month IRA
Locations


CSE Credit Union Locations
Branch Office2154 SWISCO RDSULPHUR, LA 70665-8218
Branch Office4321 NELSON RDLAKE CHARLES, LA 70605-4119