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Overview / Commentary
918-699-7100
220 W 7th St
Tulsa, OK 74119

Energy One Credit Union is headquartered in Tulsa and is the 11st largest credit union in the state of Oklahoma. It is also the 797th largest credit union in the nation. It was established in 1935 and as of December of 2013, it had grown to 74 employees and 19,168 members. Energy One Credit Union has a C+ health rating.

Field of Membership Restrictions

Must work in the One Ten Building or Merit Corporate Park in Tulsa or Occidental Tower in Dallas, Texas. Also open to those who work in Adams Creek Rental Property in Broken Arrow or several other companies. - See Details

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Health

Data for Q4 2013

Institution Health

C+

Texas Ratio

GRADE:
B

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, 2013 Energy One Credit Union had $3.33 million in non-current loans and owned real-estate with $17.08 million in equity and loan loss allowances on hand to cover it. This gives Energy One Credit Union a Texas Ratio of 19.48% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Energy One Credit Union experienced no significant changes from 21.63% as of December 31, 2012 to 19.48% as of December 31, 2013, resulting in a positive change of 9.93%.This indicates that the balance sheet and financial strength for Energy One Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Energy One Credit Union has increased its total deposits by $2.87 million, resulting in 1.29% 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 Energy One Credit Union has shown is above average.

Capitalization

GRADE:
C-

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. Energy One Credit Union has $243.38 million in assets with $17.08 million in equity, resulting in a capitalization level of 7.02%, which is below average.

Institution Statistics

Overall
NCUA #256
Year Chartered1935
Employees74
Primary Regulator
Assets and Liabilities
Assets$243.38 million
Loans$136.80 million
Deposits$224.90 million
Equity Capital$16.84 million
Loan Loss Allowance$235,000
Unbacked Noncurrent Loans$3.33 million
Real Estate Owned$0
Historic Data - December 2012
Assets$241.21 million
Equity Capital$16.91 million
Loan Loss Allowance$200,000
Unbacked Noncurrent Loans$3.33 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4%
Return on Assets-0.03%
Return on Equity-0.4%
Interest Income$6.78 million
Rates
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Energy One Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$100-Ownership Savings Account
0.05%$100-Student Savings Account
0.05%$25-Kids Cash Club Account
0.05%--Holiday Club Account

Energy One Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.10%$5k-Money Market E-Checking Account
0.10%$2,500-Money Market Account
0.10%--IRA Money Fund Account
0.10%$100k-IRA Jumbo Money Fund Account

Energy One Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.75%$500-60 Month Share Certificate
1.75%$500-72 Month Share Certificate
1.50%$500-48 Month Share Certificate
1.15%$500-36 Month Share Certificate
0.75%$500-24 Month Share Certificate
0.55%$500-18 Month Share Certificate
0.50%$500-12 Month Share Certificate
0.35%$1k-6 Month Share Certificate
0.10%$10k-3 Month Share Certificate
Locations

Energy One Credit Union has 17 locations. Click to view all Energy One Credit Union locations.