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Overview / Commentary
208-461-9141
1104 W Finch DR
Nampa, ID 83651

Desert Sage Credit Union is headquartered in Nampa and is the 40th largest credit union in the state of Idaho. It is also the 6,029th largest credit union in the nation. It was established in 1953 and as of March of 2014, it had grown to 1 employees and 422 members. Desert Sage Credit Union has a C+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in the cities of Nampa or Caldwell, Idaho. - See Details

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Health

Data for Q1 2014

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Desert Sage Credit Union has a very low asset base.

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Desert Sage Credit Union had $20,000 in non-current loans and owned real-estate with $218,000 in equity and loan loss allowances on hand to cover it. This gives Desert Sage Credit Union a Texas Ratio of 9.17% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Desert Sage Credit Union experienced no significant changes from 9.71% as of March 31, 2013 to 9.17% as of March 31, 2014, resulting in a positive change of 5.50%.This indicates that the balance sheet and financial strength for Desert Sage Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Desert Sage Credit Union has increased its total deposits by $185,000, resulting in 15.63% 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 Desert Sage Credit Union has shown is excellent.

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. Desert Sage Credit Union has $1.57 million in assets with $218,000 in equity, resulting in a capitalization level of 13.87%, which is excellent.

Institution Statistics

Overall
NCUA #8493
Year Chartered1953
Employees1
Primary Regulator
Assets and Liabilities
Assets$1.57 million
Loans$1.05 million
Deposits$1.37 million
Equity Capital$189,000
Loan Loss Allowance$29,000
Unbacked Noncurrent Loans$20,000
Real Estate Owned$0
Historic Data - March 2013
Assets$1.37 million
Equity Capital$177,000
Loan Loss Allowance$29,000
Unbacked Noncurrent Loans$20,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.21%
Return on Assets0.25%
Return on Equity2.12%
Interest Income$24,000
Rates

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Locations


Desert Sage Credit Union Locations
Branch Office1104 W Finch DRNampa, ID 83651