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El Paso Area Teachers Federal Credit Union

Overview / Commentary
915-843-8328 ext. 2543
12020 Rojas Dr
El Paso, TX 79936

El Paso Area Teachers Federal Credit Union is headquartered in El Paso and is the 40th largest credit union in the state of Texas. It is also the 449th largest credit union in the nation. It was established in 1936 and as of March of 2014, it had grown to 173 employees and 50,096 members. El Paso Area Teachers Federal Credit Union's money market rates are 14% higher than the national average, and it boasts a A+ health rating.

Field of Membership Restrictions

Anyone living or working in El Paso County is eligible for membership. Your initial deposit of $25 into a TFCU savings account is your share of ownership and establishes you as a member-owner of El Paso Area Teachers Federal Credit Union (TFCU). - 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 El Paso Area Teachers Federal Credit Union had $765,000 in non-current loans and owned real-estate with $61.88 million in equity and loan loss allowances on hand to cover it. This gives El Paso Area Teachers Federal Credit Union a Texas Ratio of 1.24% 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 El Paso Area Teachers Federal Credit Union decreased slightly from 1.42% as of March 31, 2013 to 1.24% as of March 31, 2014, resulting in a positive change of 13.24%.This indicates that the balance sheet and financial strength for El Paso Area Teachers Federal Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
A

In the past year, El Paso Area Teachers Federal Credit Union has increased its total deposits by $17.74 million, resulting in 4.17% 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 El Paso Area Teachers Federal Credit Union has shown is excellent.

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. El Paso Area Teachers Federal Credit Union has $504.27 million in assets with $61.88 million in equity, resulting in a capitalization level of 12.27%, which is excellent.

Institution Statistics

Overall
NCUA #1409
Year Chartered1936
Employees173
Primary Regulator
Assets and Liabilities
Assets$504.27 million
Loans$294.84 million
Deposits$443.50 million
Equity Capital$59.13 million
Loan Loss Allowance$2.76 million
Unbacked Noncurrent Loans$765,000
Real Estate Owned$0
Historic Data - March 2013
Assets$484.81 million
Equity Capital$56.37 million
Loan Loss Allowance$2.17 million
Unbacked Noncurrent Loans$765,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.24%
Return on Assets0.51%
Return on Equity4.34%
Interest Income$4.61 million
Rates

Always verify rates and promotions with the bank or credit union. We are not El Paso Area Teachers Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

El Paso Area Teachers Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%--IRA
0.30%--Roth IRA
0.30%--CESA
0.15%$300-Savings

El Paso Area Teachers Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%$25k-Insured Money Market Account

El Paso Area Teachers Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$7,500-Checking Business Plus
0.15%$2,500-Business Checking
0.10%$1k-Checking

El Paso Area Teachers Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.56%$50k-60 Month Jumbo Share Certificate
1.46%$500-60 Month Regular Share Certificate
1.26%$50k-30 Month Jumbo Share Certificate
1.26%$50k-36 Month Jumbo Share Certificate
1.26%$50k-48 Month Jumbo Share Certificate
1.16%$500-30 Month Regular Share Certificate
1.16%$500-36 Month Regular Share Certificate
1.16%$500-48 Month Regular Share Certificate
0.90%$50k-18 Month Jumbo Share Certificate
0.90%$50k-24 Month Jumbo Share Certificate
0.80%$500-18 Month Regular Share Certificate
0.80%$500-24 Month Regular Share Certificate
0.65%$50k-12 Month Jumbo Share Certificate
0.55%$500-12 Month Regular Share Certificate
0.55%$25-12 Month Save A Lot Share Certificate
0.45%$50k-6 Month Jumbo Share Certificate
0.35%$2,500-6 Month Regular Share Certificate
0.30%$2,500-91 Day Regular Share Certificate

El Paso Area Teachers Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.56%$50k-60 Month Jumbo IRA Share Certificate
1.46%$500-60 Month Regular IRA Share Certificate
1.26%$50k-30 Month Jumbo IRA Share Certificate
1.26%$50k-36 Month Jumbo IRA Share Certificate
1.26%$50k-48 Month Jumbo IRA Share Certificate
1.16%$500-30 Month Regular IRA Share Certificate
1.16%$500-36 Month Regular IRA Share Certificate
1.16%$500-48 Month Regular IRA Share Certificate
0.90%$50k-18 Month Jumbo IRA Share Certificate
0.90%$50k-24 Month Jumbo IRA Share Certificate
0.80%$500-18 Month Regular IRA Share Certificate
0.80%$500-24 Month Regular IRA Share Certificate
0.65%$50k-12 Month Jumbo IRA Share Certificate
0.55%$500-12 Month Regular IRA Share Certificate
0.55%$25-12 Month Save A Lot IRA Share Certificate
0.45%$50k-6 Month Jumbo IRA Share Certificate
0.35%$2,500-6 Month Regular IRA Share Certificate
0.30%$2,500-91 Day Regular IRA Share Certificate
Locations


El Paso Area Teachers Federal Credit Union Locations
Branch Office9835 Kenworthy StEl Paso, TX 79924
Branch Office3600 Joe Battle BlvdEl Paso, TX 79938
Branch Office2500 E Yandell DrEl Paso, TX 79903
Branch Office14651 Horizon Blvd Ste 1-AEl Paso, TX 79928
Branch Office6610 Continental DrEl Paso, TX 79925
Branch Office100 Village CtEl Paso, TX 79922
Branch Office12020 Rojas DrEl Paso, TX 79936
Branch Office975 Lomaland DrEl Paso, TX 79907