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Overview / Commentary
918-836-2200
10110 E 11th St
Tulsa, OK 74128

Fraternal Order Of Police Credit Union is headquartered in Tulsa and is the 33rd largest credit union in the state of Oklahoma. It is also the 2,735th largest credit union in the nation. It was established in 1941 and as of March of 2014, it had grown to 8 employees and 3,665 members. Fraternal Order Of Police Credit Union's savings rates are 63% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Must be a Tulsa Police Officer, Tulsa Auxiliary Police or be an employee of the Tulsa Police Department. Also open to members or associate members of a Fraternal Order of Police Lodge in the State of Oklahoma. - See Details

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Health

Data for Q1 2014

Institution Health

B
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Fraternal Order Of Police Credit Union has a low asset base.

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Fraternal Order Of Police Credit Union had $206,000 in non-current loans and owned real-estate with $2.94 million in equity and loan loss allowances on hand to cover it. This gives Fraternal Order Of Police Credit Union a Texas Ratio of 7.01% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Fraternal Order Of Police Credit Union experienced no significant changes from 6.75% as of March 31, 2013 to 7.01% as of March 31, 2014, resulting in a negative change of 3.94%. This indicates that the balance sheet and financial strength for Fraternal Order Of Police Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B

In the past year, Fraternal Order Of Police Credit Union has increased its total deposits by $164,000, resulting in 0.5% 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 Fraternal Order Of Police Credit Union has shown is above average.

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. Fraternal Order Of Police Credit Union has $35.95 million in assets with $2.94 million in equity, resulting in a capitalization level of 8.17%, which is average.

Institution Statistics

Overall
NCUA #62997
Year Chartered1941
Employees8
Primary Regulator
Assets and Liabilities
Assets$35.95 million
Loans$21.00 million
Deposits$32.91 million
Equity Capital$2.89 million
Loan Loss Allowance$44,000
Unbacked Noncurrent Loans$206,000
Real Estate Owned$0
Historic Data - March 2013
Assets$35.90 million
Equity Capital$2.78 million
Loan Loss Allowance$82,000
Unbacked Noncurrent Loans$206,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.05%
Return on Assets0.32%
Return on Equity4.01%
Interest Income$267,000
Rates
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Fraternal Order Of Police Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.85%--IRA Club Savings
0.85%--Roth IRA Club Savings
0.85%--Educational IRA Club Savings
0.25%$100-Share Savings
0.25%$100-Club Savings

Fraternal Order Of Police Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.85%$2,500-2 Year CD
0.85%$2,500-3 Year CD
0.75%$2,500-6 Month CD
0.75%$2,500-1 Year CD

Fraternal Order Of Police Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.95%$1k-1 Year IRA Certificate
0.95%$1k-2 Year IRA Certificate
Locations


Fraternal Order Of Police Credit Union Locations
Branch Office10110 E 11th StTulsa, OK 74128