E E South Texas Credit Union

E E South Texas Credit Union is headquartered in Corpus Christi and is the 368^th largest credit union in the state of Texas. It is also the 4,776^th largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 1 employees and 635 members. E E South Texas Credit Union has a 4-star health rating.

E E South Texas Credit Union Routing Number: 314978433

Data for Q4 2011

Institution Statistics E E SOUTH TEXAS NCUA # 67555 BankRate Report View Year Chartered 1952 Employees 1 Primary Regulator Assets and Liabilities Assets $8.83 million Loans $1.33 million Deposits $7.55 million Equity Capital $1.27 million Loan Loss Allowance $44,000 Unbacked Noncurrent Loans $7,000 Historic Data - December 2010 Assets $9.41 million Equity Capital $1.28 million Loan Loss Allowance $53,000 Unbacked Noncurrent Loans $4,000 Profit Margin - Quarterly Net Interest Margin 6.27% Return on Assets 0% Return on Equity 0% Interest Income $168,000

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 E South Texas Credit Union had $7,000 in non-current loans and owned real-estate with $1.32 million in equity and loan loss allowances on hand to cover it. This gives E E South Texas Credit Union a Texas Ratio of 0.53% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for E E South Texas Credit Union held steady from 0.30% as of December 31, 2010 to 0.53% as of December 31, 2011, resulting in a negative change of 76.46%. This indicates that the balance sheet and financial strength for E E South Texas Credit Union has held steady in recent periods. Deposit Growth In the past year, E E South Texas Credit Union has decreased its total deposits by $-573,000, resulting in -7.06% 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 E South Texas Credit Union has shown is poor. 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 E South Texas Credit Union has $8.83 million in assets with $1.32 million in equity, resulting in a capitalization level of 14.91%, which is excellent.

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