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Overview / Commentary
918-665-7662
5319 S Lewis Ave Ste 111
Tulsa, OK 74105

Dowell Credit Union is headquartered in Tulsa and is the 36th largest credit union in the state of Oklahoma. It is also the 2,837th largest credit union in the nation. It was established in 1962 and as of March of 2014, it had grown to 4 employees and 6,576 members. Dowell Credit Union's savings rates are 44% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Must be an employee or retiree of one of Dowell Federal Credit Unions Select Employee Groups. - See Details

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Health

Data for Q1 2014

Institution Health

B
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Dowell Credit Union has a 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 Dowell Credit Union had $302,000 in non-current loans and owned real-estate with $3.67 million in equity and loan loss allowances on hand to cover it. This gives Dowell Credit Union a Texas Ratio of 8.23% 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 Dowell Credit Union experienced no significant changes from 7.59% as of March 31, 2013 to 8.23% as of March 31, 2014, resulting in a negative change of 8.51%. This indicates that the balance sheet and financial strength for Dowell Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, Dowell Credit Union has increased its total deposits by $962,000, resulting in 3.37% 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 Dowell 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. Dowell Credit Union has $33.03 million in assets with $3.67 million in equity, resulting in a capitalization level of 11.10%, which is excellent.

Institution Statistics

Overall
NCUA #14858
Year Chartered1962
Employees4
Primary Regulator
Assets and Liabilities
Assets$33.04 million
Loans$18.93 million
Deposits$29.54 million
Equity Capital$3.45 million
Loan Loss Allowance$214,000
Unbacked Noncurrent Loans$302,000
Real Estate Owned$0
Historic Data - March 2013
Assets$31.86 million
Equity Capital$3.24 million
Loan Loss Allowance$212,000
Unbacked Noncurrent Loans$302,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.12%
Return on Assets0.3%
Return on Equity2.9%
Interest Income$290,000
Rates
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Dowell Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.75%$5k-Share Savings Account

Dowell Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.76%$1k-3 Year Share Certificate
1.51%$1k-2 Year Share Certificate
1.26%$1k-1 Year Share Certificate
Locations


Dowell Credit Union Locations
Branch Office5319 S Lewis Ave Ste 111Tulsa, OK 74105
Branch Office4833 S Sheridan Rd 401Tulsa, OK 74145-5750
Branch Office7100 S Union AveTulsa, OK 74132
Branch Office5319 S Lewis AveTulsa, OK 74105-6500