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800-683-1211
P.O. Box 701650
San Antonio, TX 78270

Firstmark Credit Union is headquartered in San Antonio and is the 20th largest credit union in the state of Texas. It is also the 274th largest credit union in the nation. It was established in 1932 and as of December of 2013, it had grown to 271 employees and 93,788 members. Firstmark Credit Union's savings rates are 73% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Anyone who lives, works, worships, or attends school in, and businesses located in Bexar County, as well as education-related employees and students in Bexar County and the 12 surrounding counties; and their relatives. - See Details

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Just A Point Of View

thier service very classic



Health

Data for Q4 2013

Institution Health

B+

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 Firstmark Credit Union had $8.87 million in non-current loans and owned real-estate with $71.06 million in equity and loan loss allowances on hand to cover it. This gives Firstmark Credit Union a Texas Ratio of 12.48% 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 Firstmark Credit Union experienced no significant changes from 11.41% as of December 31, 2012 to 12.48% as of December 31, 2013, resulting in a negative change of 9.38%. This indicates that the balance sheet and financial strength for Firstmark Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Firstmark Credit Union has increased its total deposits by $39.83 million, resulting in 6% 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 Firstmark Credit Union has shown is excellent.

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. Firstmark Credit Union has $816.93 million in assets with $71.06 million in equity, resulting in a capitalization level of 8.70%, which is average.

Institution Statistics

Overall
NCUA #62509
Year Chartered1932
Employees271
Primary Regulator
Assets and Liabilities
Assets$816.93 million
Loans$574.03 million
Deposits$704.00 million
Equity Capital$67.43 million
Loan Loss Allowance$3.63 million
Unbacked Noncurrent Loans$4.90 million
Real Estate Owned$3.97 million
Historic Data - December 2012
Assets$760.17 million
Equity Capital$62.42 million
Loan Loss Allowance$3.81 million
Unbacked Noncurrent Loans$4.90 million
Real Estate Owned$4.66 million
Profit Margin - Quarterly
Net Interest Margin4.91%
Return on Assets0.62%
Return on Equity7.48%
Interest Income$31.65 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Firstmark Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Firstmark Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.90%$15k-Health Savings Account
0.50%--Holiday Club Savings Account
0.50%--Summer Savers Club Account
0.40%$50k-Business Savings Share Account
0.15%--Smart Savings Share Account
0.15%--IRA Share Account
0.15%--Roth IRA Share Account
0.15%--Educational IRA Share Account

Firstmark Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%$150k-Consumer Money Market Checking
0.50%$150k-Commercial Money Market Checking

Firstmark Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Premier Checking
0.10%--Business Plus Checking
0.10%--Organization Checking
0.05%--Free Checking

Firstmark Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.85%$100k-5 Year Jumbo CD
1.80%$50k-5 Year Super CD
1.80%$500-40 Month Regular Promotional CD
1.80%$50k-40 Month Promotional Super CD
1.80%$100k-40 Month Promotional Jumbo CD
1.75%$500-5 Year Regular CD
1.40%$100k-3 Year Jumbo CD
1.35%$50k-3 Year Super CD
1.30%$500-3 Year Regular CD
1.10%$100k-2 Year Jumbo CD
1.05%$50k-2 Year Super CD
1.05%$100k-18 Month Jumbo CD
1.00%$500-2 Year Regular CD
1.00%$50k-18 Month Super CD
1.00%$100k-1 Year Jumbo CD
0.95%$500-18 Month Regular CD
0.95%$50k-1 Year Super CD
0.90%$500-1 Year Regular CD
0.70%$100k-6 Month Jumbo CD
0.65%$250-1 Year FLEX CD
0.65%$50k-6 Month Super CD
0.60%$100-1 Year Youth CD
0.60%$500-6 Month Regular CD
0.45%$100k-3 Month Jumbo CD
0.35%$100-6 Month Youth CD
0.35%$50k-3 Month Super CD
0.30%$500-3 Month Regular CD

Firstmark Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.85%$100k-5 Year Jumbo IRA CD (Traditional,Roth,CESA)
1.80%$50k-5 Year Super IRA CD (Traditional,Roth,CESA)
1.80%$500-40 Month Promotional IRA CD (Traditional,CESA,Roth)
1.80%$50k-40 Month Promotional Super IRA CD (Traditional,Roth,CESA)
1.80%$100k-40 Month Promotional Jumbo IRA CD (Traditional,Roth,CESA)
1.75%$500-5 Year Regular IRA CD (Traditional,Roth,CESA)
1.40%$100k-3 Year Jumbo IRA CD (Traditional,Roth,CESA)
1.35%$50k-3 Year Super IRA CD (Traditional,Roth,CESA)
1.30%$500-3 Year Regular IRA CD (Traditional,Roth,CESA)
1.10%$100k-2 Year Jumbo IRA CD (Traditional,Roth,CESA)
1.05%$100k-18 Month Jumbo IRA CD (Traditional,Roth,CESA)
1.05%$50k-2 Year Super IRA CD (Traditional,Roth,CESA)
1.00%$100k-1 Year Jumbo IRA CD (Traditional,Roth,CESA)
1.00%$50k-18 Month Super IRA CD (Traditional,Roth,CESA)
1.00%$500-2 Year Regular IRA CD (Traditional,Roth,CESA)
0.95%$50k-1 Year Super IRA CD (Traditional,Roth,CESA)
0.95%$500-18 Month Regular IRA CD (Traditional,Roth,CESA)
0.90%$500-1 Year Regular IRA CD (Traditional,Roth,CESA)
0.70%$100k-6 Month Jumbo IRA CD (Traditional,Roth,CESA)
0.65%$50k-6 Month Super IRA CD (Traditional,Roth,CESA)
0.60%$500-6 Month Regular IRA CD (Traditional,Roth,CESA)
0.60%$100-1 Year Youth IRA CD (Traditional,Roth,CESA)
0.45%$100k-3 Month Jumbo IRA CD (Traditional,Roth,CESA)
0.35%$50k-3 Month Super IRA CD (Traditional,Roth,CESA)
0.35%$100-6 Month Youth IRA CD (Traditional,Roth,CESA)
0.30%$500-3 Month Regular IRA CD (Traditional,Roth,CESA)
Locations

Firstmark Credit Union has 12 locations. Click to view all Firstmark Credit Union locations.