1 star ratingAverage User Rating:
1 star rating based on 1 review.

DATCU

DATCU Locations
Po Box 827
Denton, TX 76202
(866) 380-7445
www.datcu.org

NCUA


DATCU is headquartered in DENTON and is the 25th largest credit union in the state of Texas. It is also the 332nd largest credit union in the nation. It was established in 1936 and as of December of 2012, it had grown to 154 employees and 69,568 members. DATCU has a 5-star health rating.

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Denton Area Teachers Credit Union (DATCU) is offering a $100 gascard when you open a checking account with recurring direct deposit of $250 or more.    The gascard is mailed once the first deposit has been made and the credit union has veri



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

DATCU Checking Account Rates

ApyMinMaxProduct
0.05%$500-Checking Account

DATCU Savings Account Rates

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0.30%$100-Share Savings
0.30%$100-IRA Share Savings
0.30%$100-Roth IRA Share Savings

DATCU Money Market Rates

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0.32%$10k-Money Market Account

DATCU CD Rates

ApyMinMaxProduct
2.00%$1k-5 Year MVP CD
1.75%$1k-5 Year CD
1.70%$1k-4 Year MVP CD
1.45%$1k-4 Year CD
1.31%$1k-3 Year MVP CD
1.06%$1k-2 Year MVP CD
1.05%$1k-3 Year CD
0.80%$1k-2 Year CD
0.80%$1k-1 Year MVP CD
0.80%$1k-18 Month MVP CD
0.55%$1k-1 Year CD
0.55%$1k-18 Month CD
0.50%$1k-3 Month MVP CD
0.50%$1k-6 Month MVP CD
0.50%$1k-9 Month MVP CD
0.25%$1k-3 Month CD
0.25%$1k-6 Month CD
0.25%$1k-9 Month CD

DATCU IRA Rates

ApyMinMaxProduct
2.00%$1k-5 Year MVP IRA
2.00%$1k-5 Year MVP Roth IRA
1.75%$1k-5 Year IRA
1.75%$1k-5 Year Roth IRA
1.70%$1k-4 Year MVP IRA
1.70%$1k-4 Year MVP Roth IRA
1.45%$1k-4 Year IRA
1.45%$1k-4 Year Roth IRA
1.31%$1k-3 Year MVP IRA
1.31%$1k-3 Year MVP Roth IRA
1.06%$1k-3 Year IRA
1.06%$1k-3 Year Roth IRA
1.06%$1k-2 Year MVP IRA
1.06%$1k-2 Year MVP Roth IRA
0.80%$1k-2 Year IRA
0.80%$1k-2 Year Roth IRA
0.80%$1k-1 Year MVP IRA
0.80%$1k-1 Year MVP Roth IRA
0.80%$1k-18 Month MVP IRA
0.80%$1k-18 Month MVP Roth IRA
0.55%$1k-1 Year IRA
0.55%$1k-18 Month IRA
0.55%$1k-1 Year Roth IRA
0.55%$1k-18 Month Roth IRA
0.50%$1k-3 Month MVP IRA
0.50%$1k-3 Month MVP Roth IRA
0.50%$1k-6 Month MVP IRA
0.50%$1k-6 Month MVP Roth IRA
0.50%$1k-9 Month MVP IRA
0.50%$1k-9 Month MVP Roth IRA
0.25%$1k-3 Month IRA
0.25%$1k-6 Month IRA
0.25%$1k-9 Month IRA
0.25%$1k-3 Month Roth IRA
0.25%$1k-6 Month Roth IRA
0.25%$1k-9 Month Roth IRA

Rates updated: 5/20/2013

Data for Q4 2012


Institution Statistics


DATCU
NCUA #67535
BankRate ReportView
Year Chartered1936
Employees154
Primary Regulator

Assets and Liabilities

Assets$635.65 million
Loans$542.36 million
Deposits$535.67 million
Equity Capital$91.70 million
Loan Loss Allowance$1.23 million
Unbacked Noncurrent Loans$784,000
Real Estate Owned$105,000

Historic Data - December 2011

Assets$580.38 million
Equity Capital$82.86 million
Loan Loss Allowance$1.38 million
Unbacked Noncurrent Loans$681,000
Real Estate Owned$155,000

Profit Margin - Quarterly

Net Interest Margin3.72%
Return on Assets1.37%
Return on Equity9.53%
Interest Income$22.16 million
Non-Interest Income$10.24 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 DATCU had $889,000 in non-current loans and owned real-estate with $92.93 million in equity and loan loss allowances on hand to cover it. This gives DATCU a Texas Ratio of 0.96% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for DATCU held steady from 0.99% as of December 31, 2011 to 0.96% as of December 31, 2012, resulting in a positive change of 3.61%.This indicates that the balance sheet and financial strength for DATCU has held steady in recent periods.
Deposit Growth5
In the past year, DATCU has increased its total deposits by $50.74 million, resulting in 10.46% 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 DATCU has shown is excellent.
Capitalization5
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. DATCU has $635.64 million in assets with $92.93 million in equity, resulting in a capitalization level of 14.62%, which is excellent.
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Auto Insurance
1 stars - sugarplum - Wednesday, April 4, 2012 - 9:10 PM

I went through DATCU for Auto Insurance. The experience was pleasant at first, and I found decent rates and decided to go with them.  After being with them for 6+ months, they decided to change my address to an old address and add members to my policy whom I do not live with.  I sent an e-mail stating such, and after not receiving any correspondance there after assumed that it was not an issue. Later in the mail I received notice that my rate went up due to having underage policy holders on this vehicle.  I did not even live at the location at the time this policy started.  I am still waiting for resolution on this issue.

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