Federated Employees Credit Union

Federated Employees Credit Union is headquartered in Owatonna and is the 57^th largest credit union in the state of Minnesota. It is also the 2,445^th largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 4 employees and 4,917 members. Federated Employees Credit Union has a 5-star health rating.

Federated Employees Credit Union Checking Account Rates

Federated Employees Credit Union Savings Account Rates

Federated Employees Credit Union Money Market Rates

Federated Employees Credit Union CD Rates

Data for Q4 2011

Institution Statistics FEDERATED EMPLOYEES NCUA # 64703 BankRate Report View Year Chartered 1934 Employees 4 Primary Regulator Assets and Liabilities Assets $43.04 million Loans $19.17 million Deposits $37.52 million Equity Capital $5.42 million Loan Loss Allowance $50,000 Historic Data - December 2010 Assets $41.27 million Equity Capital $5.24 million Loan Loss Allowance $30,000 Unbacked Noncurrent Loans $12,000 Profit Margin - Quarterly Net Interest Margin 4.36% Return on Assets 0.41% Return on Equity 3.25% Interest Income $1.27 million Non-Interest Income $168,000

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 December 31, 2011 Federated Employees Credit Union had $0 in non-current loans and owned real-estate with $5.47 million in equity and loan loss allowances on hand to cover it. This gives Federated Employees Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Federated Employees Credit Union has increased its total deposits by $1.61 million, resulting in 4.47% 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 Federated Employees Credit Union has shown is above 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. Federated Employees Credit Union has $43.04 million in assets with $5.47 million in equity, resulting in a capitalization level of 12.70%, which is excellent.

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