Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
800-368-2618
703 S 9th St
Duncan, OK 73533

Halliburton Employees Credit Union is headquartered in Duncan and is the 15st largest credit union in the state of Oklahoma. It is also the 1,207th largest credit union in the nation. It was established in 1960 and as of December of 2013, it had grown to 33 employees and 15,960 members. Halliburton Employees Credit Union has a A health rating.

Field of Membership Restrictions

Must be an employee of Haliburton Company or several other companies. - See Details

Related Posts



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



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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 Halliburton Employees Credit Union had $481,000 in non-current loans and owned real-estate with $13.11 million in equity and loan loss allowances on hand to cover it. This gives Halliburton Employees Credit Union a Texas Ratio of 3.67% 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 Halliburton Employees Credit Union experienced no significant changes from 2.56% as of December 31, 2012 to 3.67% as of December 31, 2013, resulting in a negative change of 43.09%. This indicates that the balance sheet and financial strength for Halliburton Employees Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Halliburton Employees Credit Union has increased its total deposits by $12.07 million, resulting in 10.91% 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 Halliburton Employees Credit Union has shown is excellent.

Capitalization

GRADE:
B

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. Halliburton Employees Credit Union has $135.8 million in assets with $13.11 million in equity, resulting in a capitalization level of 9.65%, which is above average.

Institution Statistics

Overall
NCUA #13898
Year Chartered1960
Employees33
Primary Regulator
Assets and Liabilities
Assets$135.80 million
Loans$89.45 million
Deposits$122.79 million
Equity Capital$12.72 million
Loan Loss Allowance$393,000
Unbacked Noncurrent Loans$481,000
Real Estate Owned$0
Historic Data - December 2012
Assets$123.03 million
Equity Capital$11.66 million
Loan Loss Allowance$429,000
Unbacked Noncurrent Loans$481,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.48%
Return on Assets0.78%
Return on Equity8.3%
Interest Income$4.25 million
Rates

Sorry, we do not have rate data for Halliburton Employees Credit Union

Locations


Halliburton Employees Credit Union Locations
Branch Office703 S 9th StDuncan, OK 73533-5101
Branch Office2601 E Belt Line RdCarrollton, TX 75006-5401
Branch Office3000 N Sam Houston Pkwy EHouston, TX 77032-3219
Branch Office2015 N Highway 81Duncan, OK 73533-1415