Halliburton Employees Credit Union

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

NCUA


Halliburton Employees Credit Union is headquartered in Duncan and is the 17st largest credit union in the state of Oklahoma. It is also the 1,278th largest credit union in the nation. It was established in 1960 and as of December of 2012, it had grown to 34 employees and 15,170 members. Halliburton Employees Credit Union's savings rates are 63% higher than the national average, and it boasts a 5-star health rating.

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See Rates for: Checking | Savings | CD | IRA

Halliburton Employees Credit Union Checking Account Rates

ApyMinMaxProduct
3.05%-$20k$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
0.35%$25-Share Account

Halliburton Employees Credit Union CD Rates

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1.40%$100k-48 Month Share Certificate
1.25%$100k-36 Month Share Certificate
1.10%$100k-24 Month Share Certificate
0.85%$100k-30 Month Share Certificate
0.72%$100k-18 Month Share Certificate
0.54%$100k-12 Month Share Certificate
0.36%$100k-6 Month Share Certificate
0.34%$100k-3 Month Share Certificate

Halliburton Employees Credit Union IRA Rates

ApyMinMaxProduct
1.40%$100k-48 Month IRA Certificate
1.40%$100k-48 Month Roth IRA Certificate
1.40%$100k-48 Month Education IRA Certificate
1.25%$100k-36 Month IRA Certificate
1.25%$100k-36 Month Roth IRA Certificate
1.25%$100k-36 Month Education IRA Certificate
1.10%$100k-24 Month IRA Certificate
1.10%$100k-24 Month Roth IRA Certificate
1.10%$100k-24 Month Education IRA Certificate
0.85%$100k-30 Month IRA Certificate
0.85%$100k-30 Month Roth IRA Certificate
0.85%$100k-30 Month Education IRA Certificate
0.72%$100k-18 Month IRA Certificate
0.72%$100k-18 Month Roth IRA Certificate
0.72%$100k-18 Month Education IRA Certificate
0.54%$100k-12 Month IRA Certificate
0.54%$100k-12 Month Roth IRA Certificate
0.54%$100k-12 Month Education IRA Certificate
0.36%$100k-6 Month IRA Certificate
0.36%$100k-6 Month Roth IRA Certificate
0.36%$100k-6 Month Education IRA Certificate
0.34%$100k-3 Month IRA Certificate
0.34%$100k-3 Month Roth IRA Certificate
0.34%$100k-3 Month Education IRA Certificate

Rates updated: 5/21/2013

Data for Q4 2012


Institution Statistics


HALLIBURTON EMPLOYEES
NCUA #13898
BankRate ReportView
Year Chartered1960
Employees34
Primary Regulator

Assets and Liabilities

Assets$123.03 million
Loans$79.26 million
Deposits$110.71 million
Equity Capital$11.66 million
Loan Loss Allowance$429,000
Unbacked Noncurrent Loans$310,000

Historic Data - December 2011

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

Profit Margin - Quarterly

Net Interest Margin4.01%
Return on Assets1.03%
Return on Equity10.85%
Interest Income$4.43 million
Non-Interest Income$1.82 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, 2012 Halliburton Employees Credit Union had $310,000 in non-current loans and owned real-estate with $12.09 million in equity and loan loss allowances on hand to cover it. This gives Halliburton Employees Credit Union a Texas Ratio of 2.56% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Halliburton Employees Credit Union decreased slightly from 3.32% as of December 31, 2011 to 2.56% as of December 31, 2012, resulting in a positive change of 22.85%.This indicates that the balance sheet and financial strength for Halliburton Employees Credit Union has improved slightly in recent periods.
Deposit Growth5
In the past year, Halliburton Employees Credit Union has increased its total deposits by $14.64 million, resulting in 15.24% 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.
Capitalization3
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 $123.03 million in assets with $12.09 million in equity, resulting in a capitalization level of 9.83%, which is average.
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