Halliburton Employees Credit Union

Halliburton Employees Credit Union Locations
703 S. 9th Street
Duncan, OK 73533
800-368-2618
www.hefcu.org



Halliburton Employees Credit Union is headquartered in Duncan and is the 17st largest credit union in the state of Oklahoma. It is also the 1,367th largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 29 employees and 14,110 members. Halliburton Employees Credit Union's savings rates are 63% higher than the national average, and it boasts a 5-star health rating.



See Rates for: Checking | Savings | CD | IRA

Halliburton Employees Credit Union Checking Account Rates

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3.55%-$25k$mart Checking Account

Halliburton Employees Credit Union Savings Account Rates

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0.85%--IRA Share Savings Account
0.85%--Roth IRA Share Savings Account
0.85%--Education IRA Savings Account
0.70%--Christmas Club Account
0.55%$25-Share Account

Halliburton Employees Credit Union CD Rates

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1.50%$100k-48 Month Share Certificate
1.30%$100k-36 Month Share Certificate
1.20%$100k-24 Month Share Certificate
1.00%$100k-30 Month Share Certificate
0.82%$100k-18 Month Share Certificate
0.79%$100k-12 Month Share Certificate
0.46%$100k-6 Month Share Certificate
0.39%$100k-3 Month Share Certificate

Halliburton Employees Credit Union IRA Rates

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1.50%$100k-48 Month IRA Certificate
1.50%$100k-48 Month Roth IRA Certificate
1.50%$100k-48 Month Education IRA Certificate
1.30%$100k-36 Month IRA Certificate
1.30%$100k-36 Month Roth IRA Certificate
1.30%$100k-36 Month Education IRA Certificate
1.20%$100k-24 Month IRA Certificate
1.20%$100k-24 Month Roth IRA Certificate
1.20%$100k-24 Month Education IRA Certificate
1.00%$100k-30 Month IRA Certificate
1.00%$100k-30 Month Roth IRA Certificate
1.00%$100k-30 Month Education IRA Certificate
0.82%$100k-18 Month IRA Certificate
0.82%$100k-18 Month Roth IRA Certificate
0.82%$100k-18 Month Education IRA Certificate
0.79%$100k-12 Month IRA Certificate
0.79%$100k-12 Month Roth IRA Certificate
0.79%$100k-12 Month Education IRA Certificate
0.46%$100k-6 Month IRA Certificate
0.46%$100k-6 Month Roth IRA Certificate
0.46%$100k-6 Month Education IRA Certificate
0.39%$100k-3 Month IRA Certificate
0.39%$100k-3 Month Roth IRA Certificate
0.39%$100k-3 Month Education IRA Certificate

Rates updated: 5/26/2012

Data for Q4 2011


Institution Statistics


HALLIBURTON EMPLOYEES
NCUA #13898
BankRate ReportView
Year Chartered1960
Employees29
Primary Regulator

Assets and Liabilities

Assets$106.84 million
Loans$67.39 million
Deposits$96.08 million
Equity Capital$10.39 million
Loan Loss Allowance$528,000
Unbacked Noncurrent Loans$363,000

Historic Data - December 2010

Assets$88.03 million
Equity Capital$9.01 million
Loan Loss Allowance$572,000
Unbacked Noncurrent Loans$658,000

Profit Margin - Quarterly

Net Interest Margin4.76%
Return on Assets1.3%
Return on Equity13.34%
Interest Income$4.39 million
Non-Interest Income$1.72 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 Halliburton Employees Credit Union had $363,000 in non-current loans and owned real-estate with $10.92 million in equity and loan loss allowances on hand to cover it. This gives Halliburton Employees Credit Union a Texas Ratio of 3.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Halliburton Employees Credit Union decreased significantly from 6.87% as of December 31, 2010 to 3.32% as of December 31, 2011, resulting in a positive change of 51.61%.This indicates that the balance sheet and financial strength for Halliburton Employees Credit Union has improved significantly in recent periods.
Deposit Growth5
In the past year, Halliburton Employees Credit Union has increased its total deposits by $17.71 million, resulting in 22.6% 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.
Capitalization4
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 $106.84 million in assets with $10.92 million in equity, resulting in a capitalization level of 10.22%, which is above average.
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