Greater Omaha Credit Union

Greater Omaha Credit Union is headquartered in Omaha and is the 47^th largest credit union in the state of Nebraska. It is also the 4,804^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 4 employees and 1,040 members. Greater Omaha Credit Union has a 5-star health rating.

Greater Omaha Credit Union Checking Account Rates

Greater Omaha Credit Union Savings Account Rates

Greater Omaha Credit Union Money Market Rates

Greater Omaha Credit Union CD Rates

Data for Q4 2011

Institution Statistics GREATER OMAHA NCUA # 24222 BankRate Report View Year Chartered 1954 Employees 4 Primary Regulator Assets and Liabilities Assets $8.69 million Loans $4.26 million Deposits $6.72 million Equity Capital $1.96 million Loan Loss Allowance $27,000 Historic Data - December 2010 Assets $8.31 million Equity Capital $1.95 million Loan Loss Allowance $8,000 Profit Margin - Quarterly Net Interest Margin 5.9% Return on Assets 0.15% Return on Equity 0.66% Interest Income $345,000 Non-Interest Income $81,000

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 Greater Omaha Credit Union had $0 in non-current loans and owned real-estate with $1.99 million in equity and loan loss allowances on hand to cover it. This gives Greater Omaha 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, Greater Omaha Credit Union has increased its total deposits by $362,000, resulting in 5.7% 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 Greater Omaha Credit Union 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. Greater Omaha Credit Union has $8.69 million in assets with $1.99 million in equity, resulting in a capitalization level of 22.89%, which is excellent.

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