Grand County Credit Union
Grand County Credit Union is headquartered in MOAB and is the 45th largest credit union in the state of Utah. It is also the 3,897th largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 3 employees and 2,246 members. Grand County Credit Union has a 4-star health rating.
Grand County Credit Union Routing Number: 324377286
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Savings
Grand County Credit Union Checking Account Rates
Grand County Credit Union Savings Account Rates
Rates updated: 5/25/2012
Data for Q4 2011
Institution Statistics
| GRAND COUNTY | | NCUA # | 67075 | | BankRate Report | View | | Year Chartered | 1957 | | Employees | 3 | | Primary Regulator | |
Assets and Liabilities | | Assets | $15.87 million | | Loans | $4.36 million | | Deposits | $14.23 million | | Equity Capital | $1.60 million | | Loan Loss Allowance | $241,000 | | Unbacked Noncurrent Loans | $214,000 |
Historic Data - December 2010 | | Assets | $16.97 million | | Equity Capital | $1.77 million | | Loan Loss Allowance | $291,000 | | Unbacked Noncurrent Loans | $457,000 |
Profit Margin - Quarterly | | Net Interest Margin | 10.22% | | Return on Assets | -1.08% | | Return on Equity | -10.78% | | Interest Income | $498,000 | | Non-Interest Income | $143,000 |
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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 Grand County Credit Union had $214,000 in non-current loans and owned real-estate with $1.84 million in equity and loan loss allowances on hand to cover it. This gives Grand County Credit Union a Texas Ratio of 11.66% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Grand County Credit Union decreased significantly from 22.20% as of December 31, 2010 to 11.66% as of December 31, 2011, resulting in a positive change of 47.49%.This indicates that the balance sheet and financial strength for Grand County Credit Union has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Grand County Credit Union has decreased its total deposits by $-951,000, resulting in -6.27% 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 Grand County Credit Union has shown is poor. | | 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. Grand County Credit Union has $15.87 million in assets with $1.84 million in equity, resulting in a capitalization level of 11.57%, which is above average. |
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