E Credit Union

E Credit Union is headquartered in Baton Rouge and is the 7^th largest credit union in the state of Louisiana. It is also the 695^th largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 98 employees and 29,313 members. E Credit Union has a 4-star health rating.

E Credit Union Savings Account Rates

E Credit Union Money Market Rates

E Credit Union CD Rates

E Credit Union IRA Rates

Data for Q4 2011

Institution Statistics E NCUA # 13 BankRate Report View Year Chartered 1934 Employees 98 Primary Regulator Assets and Liabilities Assets $267.44 million Loans $165.51 million Deposits $238.82 million Equity Capital $26.99 million Loan Loss Allowance $1.84 million Unbacked Noncurrent Loans $2.43 million Historic Data - December 2010 Assets $248.58 million Equity Capital $26.49 million Loan Loss Allowance $2.46 million Unbacked Noncurrent Loans $1.77 million Profit Margin - Quarterly Net Interest Margin 6.1% Return on Assets 0.35% Return on Equity 3.49% Interest Income $12.28 million Non-Interest Income $3.22 million

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 E Credit Union had $2.42 million in non-current loans and owned real-estate with $28.83 million in equity and loan loss allowances on hand to cover it. This gives E Credit Union a Texas Ratio of 8.41% 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 E Credit Union held steady from 6.11% as of December 31, 2010 to 8.41% as of December 31, 2011, resulting in a negative change of 37.58%. This indicates that the balance sheet and financial strength for E Credit Union has held steady in recent periods. Deposit Growth In the past year, E Credit Union has increased its total deposits by $17.87 million, resulting in 8.09% 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 E Credit Union has shown is excellent. 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. E Credit Union has $267.44 million in assets with $28.83 million in equity, resulting in a capitalization level of 10.78%, which is above average.

No reviews have been left for this bank yet. Be the first to review.