Average User Rating:
5 star rating based on 1 review.

Greenbelt Credit Union

112 Centerway
Greenbelt, MD 20770
301-474-5900
www.greenbeltfcu.com

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Greenbelt Credit Union is headquartered in Greenbelt and is the 57^th largest credit union in the state of Maryland. It is also the 3,126^th largest credit union in the nation. It was established in 1937 and as of December of 2011, it had grown to 5 employees and 2,940 members. Greenbelt Credit Union has a 5-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Greenbelt Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.00%	-	-	Share Draft Checking

Greenbelt Credit Union Savings Account Rates

Apy	Min	Max	Product
0.25%	$25	-	IRA Share Savings Account
0.10%	$500	-	Share Savings Account
0.10%	$500	-	Youth Savings Account

Greenbelt Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.15%	$2,500	-	Money Market Investment

Greenbelt Credit Union CD Rates

Apy	Min	Max	Product
1.51%	$1k	-	5 Year Share Certificate
1.10%	$1k	-	4 Year Share Certificate
0.75%	$1k	-	3 Year Share Certificate
0.50%	$1k	-	2 Year Share Certificate
0.30%	$1k	-	1 Year Share Certificate
0.30%	$1k	-	18 Month Share Certificate
0.25%	$2,500	-	6 Month Share Certificate
0.20%	$2,500	-	3 Month Share Certificate

Greenbelt Credit Union IRA Rates

Apy	Min	Max	Product
1.51%	$1k	-	5 Year IRA Share Certificate
1.10%	$1k	-	4 Year IRA Share Certificate
0.75%	$1k	-	3 Year IRA Share Certificate
0.50%	$1k	-	2 Year IRA Share Certificate
0.30%	$1k	-	1 Year IRA Share Certificate

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

GREENBELT
NCUA #	2490
BankRate Report	View
Year Chartered	1937
Employees	5
Primary Regulator
Assets and Liabilities
Assets	$26.28 million
Loans	$6.67 million
Deposits	$23.69 million
Equity Capital	$2.55 million
Loan Loss Allowance	$77,000
Unbacked Noncurrent Loans	$61,000
Historic Data - December 2010
Assets	$25.98 million
Equity Capital	$2.65 million
Loan Loss Allowance	$63,000
Unbacked Noncurrent Loans	$71,000
Profit Margin - Quarterly
Net Interest Margin	5.99%
Return on Assets	-0.35%
Return on Equity	-3.64%
Interest Income	$613,000
Non-Interest Income	$127,000

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 Greenbelt Credit Union had $61,000 in non-current loans and owned real-estate with $2.63 million in equity and loan loss allowances on hand to cover it. This gives Greenbelt Credit Union a Texas Ratio of 2.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Greenbelt Credit Union held steady from 2.62% as of December 31, 2010 to 2.32% as of December 31, 2011, resulting in a positive change of 11.44%.This indicates that the balance sheet and financial strength for Greenbelt Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Greenbelt Credit Union has increased its total deposits by $408,000, resulting in 1.75% 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 Greenbelt Credit Union has shown is above average.
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. Greenbelt Credit Union has $26.28 million in assets with $2.63 million in equity, resulting in a capitalization level of 10.00%, which is above average.

We're Not Just An Account Number
5 stars

- DMCA - Tuesday, April 19, 2011 - 11:54 AM

When I married my husband, we did the merging of the bank accounts. My bank was located out of the state so it made since to go with his bank which was local. I have to say, I love his bank more than I do my own. They don't charge fees for using other ATM's. Since their a small bank they catch fraud quicker than larger banks. Recently we got a call that one of my husbands accounts had been compromised. The bank called and knew who my husband was and that the account was shared with his father. We're not just an account number, we are actual people. They know about our daughter, they know my husbands family, and they will work with us to get a loan application quickly processed. My father-in-law even has the manager of the bank's number on his cellphone in case of emergency.