Eastern Utah Community Credit Union

Eastern Utah Community Credit Union is headquartered in Price and is the 17^st largest credit union in the state of Utah. It is also the 1,463^rd largest credit union in the nation. It was established in 1968 and as of December of 2011, it had grown to 32 employees and 12,890 members. Eastern Utah Community Credit Union has a 5-star health rating.

Eastern Utah Community Credit Union Routing Number: 324377817

Eastern Utah Community Credit Union Savings Account Rates

Eastern Utah Community Credit Union Money Market Rates

Eastern Utah Community Credit Union CD Rates

Eastern Utah Community Credit Union IRA Rates

Data for Q4 2011

Institution Statistics EASTERN UTAH COMMUNITY NCUA # 24709 BankRate Report View Year Chartered 1968 Employees 32 Primary Regulator Assets and Liabilities Assets $95.64 million Loans $68.59 million Deposits $87.53 million Equity Capital $7.88 million Loan Loss Allowance $441,000 Unbacked Noncurrent Loans $487,000 Historic Data - December 2010 Assets $91.42 million Equity Capital $7.28 million Loan Loss Allowance $392,000 Unbacked Noncurrent Loans $572,000 Profit Margin - Quarterly Net Interest Margin 5.28% Return on Assets 0.63% Return on Equity 7.62% Interest Income $4.42 million Non-Interest Income $1.33 million

Institution Health Overall Score: 5 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 Eastern Utah Community Credit Union had $487,000 in non-current loans and owned real-estate with $8.32 million in equity and loan loss allowances on hand to cover it. This gives Eastern Utah Community Credit Union a Texas Ratio of 5.86% 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 Eastern Utah Community Credit Union decreased slightly from 7.46% as of December 31, 2010 to 5.86% as of December 31, 2011, resulting in a positive change of 21.49%.This indicates that the balance sheet and financial strength for Eastern Utah Community Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Eastern Utah Community Credit Union has increased its total deposits by $3.53 million, resulting in 4.21% 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 Eastern Utah Community 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. Eastern Utah Community Credit Union has $95.64 million in assets with $8.32 million in equity, resulting in a capitalization level of 8.70%, which is average.

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