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Greenville County Tchers Assn Credit Union

Greenville County Tchers Assn Credit Union
Overview / Commentary
515 Belfield Rd
Emporia, VA 23847

Greenville County Tchers Assn Credit Union is headquartered in Emporia and is the 163rd largest credit union in the state of Virginia. It is also the 6,553rd largest credit union in the nation. It was established in 1958 and as of December of 2013, it had grown to 456 members. Greenville County Tchers Assn Credit Union has a C- health rating.

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Health

Data for Q4 2013

Institution Health

C-
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Greenville County Tchers Assn Credit Union has a very low asset base.

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 Greenville County Tchers Assn Credit Union had $3,000 in non-current loans and owned real-estate with $19,000 in equity and loan loss allowances on hand to cover it. This gives Greenville County Tchers Assn Credit Union a Texas Ratio of 15.79% 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 Greenville County Tchers Assn Credit Union increased slightly from 7.69% as of December 31, 2012 to 15.79% as of December 31, 2013, resulting in a negative change of 105.26%. This indicates that the balance sheet and financial strength for Greenville County Tchers Assn Credit Union has declined slightly in recent periods.

Deposit Growth

GRADE:
D

In the past year, Greenville County Tchers Assn Credit Union has decreased its total deposits by $-25,000, resulting in -9.09% 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 Greenville County Tchers Assn Credit Union has shown is below 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. Greenville County Tchers Assn Credit Union has $267,000 in assets with $19,000 in equity, resulting in a capitalization level of 7.12%, which is below average.

Institution Statistics

Overall
NCUA #12558
Year Chartered1958
Employees0
Primary Regulator
Assets and Liabilities
Assets$267,000
Loans$106,000
Deposits$250,000
Equity Capital$17,000
Loan Loss Allowance$2,000
Unbacked Noncurrent Loans$3,000
Real Estate Owned$0
Historic Data - December 2012
Assets$299,000
Equity Capital$24,000
Loan Loss Allowance$2,000
Unbacked Noncurrent Loans$3,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin12.26%
Return on Assets-2.25%
Return on Equity-35.29%
Interest Income$12,000
Rates

Sorry, we do not have rate data for Greenville County Tchers Assn Credit Union

Locations


Greenville County Tchers Assn Credit Union Locations
Branch Office515 Belfield RdEmporia, VA 23847
Branch Office515 Belfield RdEmporia, VA 23847