Educational Community Alliance Credit Union

Educational Community Alliance Credit Union Locations

3845 Angola Rd
Toledo, OH 43615
(419) 381-2323
www.educacu.com

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Educational Community Alliance Credit Union is headquartered in TOLEDO and is the 108^th largest credit union in the state of Ohio. It is also the 2,480^th largest credit union in the nation. It was established in 1934 and as of December of 2012, it had grown to 14 employees and 6,259 members. Educational Community Alliance Credit Union has a 4-star health rating.

Educational Community Alliance Credit Union Routing Number: 241282603

5.30% 48-Month / 5.15% 24-Month CD at an Ohio Credit Union (TPS). - 1/20/2008

TPS Credit Union has several high yield certificates. The top yields have APYs of 5.05%, 5.10%, 5.15%, 5.20% and 5.30% for terms of 12, 18, 24, 36 and 48 months. The minimum deposit is $500. Since the rate table had a December date, I called Friday, and...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Educational Community Alliance Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.05%	-	-	Checking Account

Educational Community Alliance Credit Union Savings Account Rates

Apy	Min	Max	Product
0.25%	-	-	IRA Savings Account
0.25%	-	-	CESA Savings
0.25%	-	-	Roth IRA Savings Account
0.25%	-	-	SEP IRA Savings Account
0.10%	-	-	Share Savings
0.10%	-	-	Vacation Club Account
0.10%	-	-	Holiday Club Account
0.10%	-	-	Special Share Savings

Educational Community Alliance Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.30%	$50k	-	Money Market Account

Educational Community Alliance Credit Union CD Rates

Apy	Min	Max	Product
1.15%	$500	-	48 Month CD - Paid Monthly
1.15%	$500	-	48 Month CD - Paid Quarterly
0.90%	$500	-	36 Month CD - Paid Monthly
0.90%	$500	-	36 Month CD - Paid Quarterly
0.50%	$500	-	24 Month CD - Paid Monthly
0.50%	$500	-	24 Month CD - Paid Quarterly
0.30%	$500	-	18 Month CD - Paid Monthly
0.30%	$500	-	18 Month CD - Paid Quarterly
0.20%	$500	-	12 Month CD - Paid Monthly
0.20%	$500	-	12 Month CD - Paid Quarterly
0.15%	$500	-	6 Month CD - Paid Monthly
0.15%	$500	-	9 Month CD - Paid Monthly
0.15%	$500	-	6 Month CD - Paid Quarterly
0.15%	$500	-	9 Month CD - Paid Quarterly

Educational Community Alliance Credit Union IRA Rates

Apy	Min	Max	Product
1.15%	$500	-	48 Month CESA
1.15%	$500	-	48 Month IRA - Paid Quarterly
1.15%	$500	-	48 Month SEP IRA - Paid Quarterly
1.15%	$500	-	48 Month Roth IRA - Paid Quarterly
0.90%	$500	-	36 Month CESA
0.90%	$500	-	36 Month IRA - Paid Quarterly
0.90%	$500	-	36 Month SEP IRA - Paid Quarterly
0.90%	$500	-	36 Month Roth IRA - Paid Quarterly
0.50%	$500	-	24 Month CESA
0.50%	$500	-	24 Month IRA - Paid Quarterly
0.50%	$500	-	24 Month SEP IRA - Paid Quarterly
0.50%	$500	-	24 Month Roth IRA - Paid Quarterly
0.30%	$500	-	18 Month CESA
0.30%	$500	-	18 Month IRA - Paid Quarterly
0.30%	$500	-	18 Month SEP IRA - Paid Quarterly
0.30%	$500	-	18 Month Roth IRA - Paid Quarterly
0.20%	$500	-	12 Month CESA
0.20%	$500	-	12 Month IRA - Paid Quarterly
0.20%	$500	-	12 Month SEP IRA - Paid Quarterly
0.20%	$500	-	12 Month Roth IRA - Paid Quarterly
0.15%	$500	-	6 Month CESA
0.15%	$500	-	9 Month CESA
0.15%	$500	-	6 Month IRA - Paid Quarterly
0.15%	$500	-	9 Month IRA - Paid Quarterly
0.15%	$500	-	6 Month SEP IRA - Paid Quarterly
0.15%	$500	-	9 Month SEP IRA - Paid Quarterly
0.15%	$500	-	6 Month Roth IRA - Paid Quarterly
0.15%	$500	-	9 Month Roth IRA - Paid Quarterly

Rates updated: 5/24/2013

Data for Q4 2012

Institution Statistics

EDUCATIONAL COMMUNITY ALLIANCE
BankRate Report	View
Year Chartered	1934
Employees	14
Primary Regulator
Assets and Liabilities
Assets	$42.49 million
Loans	$23.28 million
Deposits	$37.16 million
Equity Capital	$4.78 million
Loan Loss Allowance	$194,000
Unbacked Noncurrent Loans	$342,000
Historic Data - December 2011
Assets	$43.75 million
Equity Capital	$4.67 million
Loan Loss Allowance	$197,000
Unbacked Noncurrent Loans	$318,000
Profit Margin - Quarterly
Net Interest Margin	6.33%
Return on Assets	0.16%
Return on Equity	1.38%
Interest Income	$1.72 million
Non-Interest Income	$548,000

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, 2012 Educational Community Alliance Credit Union had $342,000 in non-current loans and owned real-estate with $4.98 million in equity and loan loss allowances on hand to cover it. This gives Educational Community Alliance Credit Union a Texas Ratio of 6.87% 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 Educational Community Alliance Credit Union held steady from 6.53% as of December 31, 2011 to 6.87% as of December 31, 2012, resulting in a negative change of 5.26%. This indicates that the balance sheet and financial strength for Educational Community Alliance Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Educational Community Alliance Credit Union has decreased its total deposits by -$1.44 million, resulting in -3.73% 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 Educational Community Alliance Credit Union has shown is below 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. Educational Community Alliance Credit Union has $42.49 million in assets with $4.98 million in equity, resulting in a capitalization level of 11.71%, which is above average.