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Overview / Commentary
800-256-5009
409 E Loop 281
Longview, TX 75605-7916

East Texas Professional Credit Union is headquartered in Longview and is the 33rd largest credit union in the state of Texas. It is also the 415st largest credit union in the nation. It was established in 1953 and as of March of 2014, it had grown to 128 employees and 59,319 members. East Texas Professional Credit Union has a A health rating.

Field of Membership Restrictions

Must live or work in Anderson, Angelina, Northern Cherokee, Gregg, Harrison, Henderson, Nacogdoches, Rusk, Smith or Upshur county. Also open to those who are certified to work in education, health care, professional fields, government/social services or students in Camp County, Marion County, Panola County, City of Daingerfield in Morris county or City of Hughes Springs or Avinger City in Cass county (Student eligibility applies to students ages 17 or older) - See Details

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Health

Data for Q1 2014

Institution Health

A

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 East Texas Professional Credit Union had $553,000 in non-current loans and owned real-estate with $84.02 million in equity and loan loss allowances on hand to cover it. This gives East Texas Professional Credit Union a Texas Ratio of 0.66% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for East Texas Professional Credit Union decreased slightly from 0.86% as of March 31, 2013 to 0.66% as of March 31, 2014, resulting in a positive change of 23.48%.This indicates that the balance sheet and financial strength for East Texas Professional Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
C+

In the past year, East Texas Professional Credit Union has decreased its total deposits by -$2.41 million, resulting in -0.54% 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 East Texas Professional Credit Union has shown is average.

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. East Texas Professional Credit Union has $538.52 million in assets with $84.02 million in equity, resulting in a capitalization level of 15.60%, which is excellent.

Institution Statistics

Overall
NCUA #67761
Year Chartered1953
Employees128
Primary Regulator
Assets and Liabilities
Assets$538.52 million
Loans$242.77 million
Deposits$447.45 million
Equity Capital$83.24 million
Loan Loss Allowance$785,000
Unbacked Noncurrent Loans$503,000
Real Estate Owned$50,000
Historic Data - March 2013
Assets$535.56 million
Equity Capital$79.20 million
Loan Loss Allowance$788,000
Unbacked Noncurrent Loans$503,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.35%
Return on Assets1.14%
Return on Equity7.35%
Interest Income$3.95 million
Rates

Always verify rates and promotions with the bank or credit union. We are not East Texas Professional Credit Union, we are a rate comparison website and can not provide official rates or promotions.

East Texas Professional Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$10k-Share Savings Account
0.25%$100-Christmas Club Account
0.25%$25-IRA Savings Account
0.25%$25-Roth IRA Savings Account
0.05%$100-Vacation Club Account

East Texas Professional Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$100k-Money Market Plus Account
0.10%$2k-Money Market Checking Account

East Texas Professional Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.03%$1k-Checking (applicable accounts)
0.03%$1k-Advantage Checking Account

East Texas Professional Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.60%$1k-60 Month Share Certificate
1.30%$1k-48 Month Share Certificate
1.00%$1k-36 Month Share Certificate
0.75%$1k-24 Month Share Certificate
0.50%$1k-12 Month Share Certificate
0.50%$1k-18 Month Share Certificate
0.40%$1k-183 Day Share Certificate
0.25%$1k-91 Day Share Certificate

East Texas Professional Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.00%$1k-36 Month IRA Share Certificate
0.75%$1k-24 Month IRA Share Certificate
0.50%$1k-12 Month IRA Share Certificate
Locations


East Texas Professional Credit Union Locations
Branch Office3502 W Loop 281Longview, TX 75604
Branch Office850 Rice RdTyler, TX 75703-3117
Branch Office409 E Loop 281Longview, TX 75605-7916
Branch Office305 S Alamo BlvdMarshall, TX 75670-4266
Branch Office1407 Cardinal StNacogdoches, TX 75961
Branch Office304 N Kilgore StKilgore, TX 75662-5826
Branch Office301 S Chestnut StLufkin, TX 75901-4905
Branch Office406 College DrLufkin, TX 75904-5702
Branch Office3801 Gilmer RdLongview, TX 75604-1132
Branch Office1201 Highland DrHenderson, TX 75652-5505