Excel Credit Union

Excel Credit Union is headquartered in NORCROSS and is the 25^th largest credit union in the state of Georgia. It is also the 1,550^th largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 41 employees and 12,852 members. Excel Credit Union's savings rates are 92% higher than the national average, and it has a 3-star health rating.

Excel Credit Union Checking Account Rates

Excel Credit Union Savings Account Rates

Excel Credit Union Money Market Rates

Excel Credit Union CD Rates

Excel Credit Union IRA Rates

Data for Q4 2011

Institution Statistics EXCEL NCUA # 7825 BankRate Report View Year Chartered 1952 Employees 41 Primary Regulator Assets and Liabilities Assets $86.51 million Loans $48.23 million Deposits $71.08 million Equity Capital $10.45 million Loan Loss Allowance $855,000 Unbacked Noncurrent Loans $970,000 Real Estate Owned $1.04 million Historic Data - December 2010 Assets $87.95 million Equity Capital $10.52 million Loan Loss Allowance $725,000 Unbacked Noncurrent Loans $780,000 Real Estate Owned $232,000 Profit Margin - Quarterly Net Interest Margin 5.19% Return on Assets 0.03% Return on Equity 0.21% Interest Income $3.13 million Non-Interest Income $3.42 million

Institution Health Overall Score: 3 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 Excel Credit Union had $2.01 million in non-current loans and owned real-estate with $11.31 million in equity and loan loss allowances on hand to cover it. This gives Excel Credit Union a Texas Ratio of 17.81% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Excel Credit Union increased slightly from 9.00% as of December 31, 2010 to 17.81% as of December 31, 2011, resulting in a negative change of 97.94%. This indicates that the balance sheet and financial strength for Excel Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Excel Credit Union has decreased its total deposits by -$1.79 million, resulting in -2.46% 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 Excel 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. Excel Credit Union has $86.51 million in assets with $11.31 million in equity, resulting in a capitalization level of 13.07%, which is excellent.

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