First Financial CU (NM)

First Financial CU (NM) is headquartered in Albuquerque and is the 7^th largest credit union in the state of New Mexico. It is also the 510^st largest credit union in the nation. It was established in 1937 and as of December of 2011, it had grown to 170 employees and 50,107 members. First Financial CU (NM)'s savings rates are 92% higher than the national average, and it has a 4-star health rating.

First Financial CU (NM) Checking Account Rates

First Financial CU (NM) Savings Account Rates

First Financial CU (NM) Money Market Rates

First Financial CU (NM) CD Rates

First Financial CU (NM) IRA Rates

Data for Q4 2011

Institution Statistics FIRST FINANCIAL NCUA # 68244 BankRate Report View Year Chartered 1937 Employees 170 Primary Regulator Assets and Liabilities Assets $378.92 million Loans $275.50 million Deposits $343.22 million Equity Capital $34.04 million Loan Loss Allowance $4.63 million Unbacked Noncurrent Loans $3.36 million Real Estate Owned $3.16 million Historic Data - December 2010 Assets $353.15 million Equity Capital $33.07 million Loan Loss Allowance $4.65 million Unbacked Noncurrent Loans $3.38 million Real Estate Owned $7.80 million Profit Margin - Quarterly Net Interest Margin 4.61% Return on Assets 0.26% Return on Equity 2.84% Interest Income $15.33 million Non-Interest Income $7.38 million

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 First Financial CU (NM) had $6.52 million in non-current loans and owned real-estate with $38.67 million in equity and loan loss allowances on hand to cover it. This gives First Financial CU (NM) a Texas Ratio of 16.87% 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 First Financial CU (NM) decreased significantly from 29.63% as of December 31, 2010 to 16.87% as of December 31, 2011, resulting in a positive change of 43.06%.This indicates that the balance sheet and financial strength for First Financial CU (NM) has improved significantly in recent periods. Deposit Growth In the past year, First Financial CU (NM) has increased its total deposits by $25.7 million, resulting in 8.09% 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 First Financial CU (NM) 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. First Financial CU (NM) has $378.92 million in assets with $38.67 million in equity, resulting in a capitalization level of 10.20%, which is above average.

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