Eagle Can Employees Credit Union

Eagle Can Employees Credit Union Locations
2400 Charles St
Wellsburg, WV 26070



Eagle Can Employees Credit Union is headquartered in Wellsburg and is the 96th largest credit union in the state of West Virginia. It is also the 6,906th largest credit union in the nation. It was established in 1965 and as of December of 2011, it had grown to employees and 152 members. Eagle Can Employees Credit Union has a 5-star health rating.


Data for Q4 2011


Institution Statistics


EAGLE CAN EMPLOYEES
NCUA #17126
BankRate ReportView
Year Chartered1965
Employees0
Primary Regulator

Assets and Liabilities

Assets$569,000
Loans$173,000
Deposits$437,000
Equity Capital$131,000

Historic Data - December 2010

Assets$491,000
Equity Capital$131,000
Loan Loss Allowance$7,000
Unbacked Noncurrent Loans$3,000

Profit Margin - Quarterly

Net Interest Margin12.61%
Return on Assets0%
Return on Equity0%
Interest Income$26,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 Eagle Can Employees Credit Union had $0 in non-current loans and owned real-estate with $131,000 in equity and loan loss allowances on hand to cover it. This gives Eagle Can Employees Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth5
In the past year, Eagle Can Employees Credit Union has increased its total deposits by $78,000, resulting in 21.73% 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 Eagle Can Employees Credit Union has shown is excellent.
Capitalization5
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. Eagle Can Employees Credit Union has $569,000 in assets with $131,000 in equity, resulting in a capitalization level of 23.02%, which is excellent.
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