Ellis County Teachers And Employees Credit Union

Ellis County Teachers And Employees Credit Union is headquartered in WAXAHACHIE and is the 332^nd largest credit union in the state of Texas. It is also the 4,380^th largest credit union in the nation. It was established in 1958 and as of December of 2011, it had grown to 4 employees and 2,183 members. Ellis County Teachers And Employees Credit Union's savings rates are 83% higher than the national average, and it has a 4-star health rating.

Ellis County Teachers And Employees Credit Union Savings Account Rates

Ellis County Teachers And Employees Credit Union CD Rates

Data for Q4 2011

Institution Statistics ELLIS COUNTY TEACHERS AND EMPLOYEES NCUA # 12266 BankRate Report View Year Chartered 1958 Employees 4 Primary Regulator Assets and Liabilities Assets $11.61 million Loans $6.71 million Deposits $10.20 million Equity Capital $1.41 million Loan Loss Allowance $91,000 Unbacked Noncurrent Loans $183,000 Historic Data - December 2010 Assets $10.26 million Equity Capital $1.33 million Loan Loss Allowance $98,000 Unbacked Noncurrent Loans $102,000 Profit Margin - Quarterly Net Interest Margin 5.6% Return on Assets 0.65% Return on Equity 5.33% Interest Income $490,000 Non-Interest Income $13,000

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, 2011 Ellis County Teachers And Employees Credit Union had $183,000 in non-current loans and owned real-estate with $1.5 million in equity and loan loss allowances on hand to cover it. This gives Ellis County Teachers And Employees Credit Union a Texas Ratio of 12.21% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Ellis County Teachers And Employees Credit Union increased slightly from 7.13% as of December 31, 2010 to 12.21% as of December 31, 2011, resulting in a negative change of 71.15%. This indicates that the balance sheet and financial strength for Ellis County Teachers And Employees Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Ellis County Teachers And Employees Credit Union has increased its total deposits by $1.27 million, resulting in 14.29% 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 Ellis County Teachers And Employees Credit Union has shown is excellent. 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. Ellis County Teachers And Employees Credit Union has $11.61 million in assets with $1.5 million in equity, resulting in a capitalization level of 12.91%, which is excellent.

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