Institution Statistics
| DUKE UNIVERSITY | | NCUA # | 18616 | | BankRate Report | View | | Year Chartered | 1968 | | Employees | 34 | | Primary Regulator | |
Assets and Liabilities | | Assets | $97.68 million | | Loans | $61.38 million | | Deposits | $86.49 million | | Equity Capital | $7.68 million | | Loan Loss Allowance | $1.15 million | | Unbacked Noncurrent Loans | $1.07 million | | Real Estate Owned | $157,000 |
Historic Data - December 2010 | | Assets | $95.36 million | | Equity Capital | $7.48 million | | Loan Loss Allowance | $880,000 | | Unbacked Noncurrent Loans | $1.25 million | | Real Estate Owned | $102,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.79% | | Return on Assets | 0.2% | | Return on Equity | 2.58% | | Interest Income | $4.45 million | | Non-Interest Income | $2.95 million |
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Institution Health
Overall Score:
4 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, 2011 Duke University Credit Union had $1.22 million in non-current loans and owned real-estate with $8.83 million in equity and loan loss allowances on hand to cover it. This gives Duke University Credit Union a Texas Ratio of 13.86% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Duke University Credit Union held steady from 16.16% as of December 31, 2010 to 13.86% as of December 31, 2011, resulting in a positive change of 14.25%.This indicates that the balance sheet and financial strength for Duke University Credit Union has held steady in recent periods. | | Deposit Growth | | | In the past year, Duke University Credit Union has increased its total deposits by $3.14 million, resulting in 3.77% 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 Duke University Credit Union has shown is above 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. Duke University Credit Union has $97.68 million in assets with $8.83 million in equity, resulting in a capitalization level of 9.04%, which is average. |
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Average User Rating:
Pro's And Con's But Mostly Cons...
I have been a member for quite some time. Over time the Credit Union gets less and less desirable. You can only use your debit card 10times per month before they start penalizing you. If you use your over draft protection it counts as a transfer. After 6 transfers of any kind among your own accounts it locks you out for the rest of the month. With this lockout any overdraft gets refused and they start charging you 32.00 per transaction.
It just seems as if over the past few years tehy are trying their best to charge you for everything they possibly can. I think we will be looking elsewhere to not have all our saving stolen with fees and charges.
Other downside is that there is basically one branch so you have no access to ATM's ever unless you are at the hospital. You end up in WalMart buying gum to get cash.
Last con is the customer service. Inside the branch everyone is very nice for the most part. The greeter up front is usually this really nice lady that checks you in etc. I have only had two dealings with the manager and she is strictly by the book. By the book to the point of being rater demeaning and a bit rude. She is very different from any other bank manager that Ihave ever dealt with.
Overall if you are only doing the basics and dont use and banking services this place is fine, but if you ever need your bank in your corner this may not be the place for you