F & A Credit Union

F & A Credit Union is headquartered in MONTEREY PARK and is the 25^th largest credit union in the state of California. It is also the 147^th largest credit union in the nation. It was established in 1936 and as of September of 2011, it had grown to 65 employees and 41,190 members. F & A Credit Union's savings rates are 7X the national average, and it boasts a 5-star health rating.

Related Posts

F & A Credit Union Checking Account Rates

F & A Credit Union Savings Account Rates

F & A Credit Union Money Market Rates

F & A Credit Union CD Rates

F & A Credit Union IRA Rates

Data for Q3 2011

Institution Statistics F & A NCUA # 1493 BankRate Report View Year Established 1936 Employees 65 Primary Regulator Assets and Liabilities Assets $1.17 billion Loans $250.41 million Deposits $975.88 million Equity Capital $171.72 million Loan Loss Allowance $5.05 million Unbacked Noncurrent Loans $2.78 million Historic Data - September 2010 Assets $1.12 billion Equity Capital $156.59 million Loan Loss Allowance $5.51 million Unbacked Noncurrent Loans $2.57 million Profit Margin - Quarterly Net Interest Margin 2.98% Return on Assets 1.13% Return on Equity 7.7% Interest Income $30.23 million Non-Interest Income $4.85 million

Institution Health Overall Score: 5 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 September 30, 2011 F & A Credit Union had $2.78 million in non-current loans and owned real-estate with $176.77 million in equity and loan loss allowances on hand to cover it. This gives F & A Credit Union a Texas Ratio of 1.57% 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 F & A Credit Union held steady from 1.58% as of September 30, 2010 to 1.57% as of September 30, 2011, resulting in a positive change of 0.91%.This indicates that the balance sheet and financial strength for F & A Credit Union has held steady in recent periods. Deposit Growth In the past year, F & A Credit Union has increased its total deposits by $50.33 million, resulting in 5.44% 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 F & A 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. F & A Credit Union has $1.17 billion in assets with $176.77 million in equity, resulting in a capitalization level of 15.13%, which is excellent.

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