Har-Co Credit Union is headquartered in Bel Air and is the 26th largest credit union in the state of Maryland. It is also the 969th largest credit union in the nation. It was established in 1955 and as of March of 2014, it had grown to 54 employees and 18,203 members. Har-Co Credit Union has a B+ health rating.
Must be a household with children in any Harford County School. - See Details
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The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Har-Co Credit Union had $1.3 million in non-current loans and owned real-estate with $16.86 million in equity and loan loss allowances on hand to cover it. This gives Har-Co Credit Union a Texas Ratio of 7.72% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
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. Har-Co Credit Union has $190.82 million in assets with $16.86 million in equity, resulting in a capitalization level of 8.84%, which is average.
|Assets and Liabilities|
|Equity Capital||$16.28 million|
|Loan Loss Allowance||$580,000|
|Unbacked Noncurrent Loans||$624,000|
|Real Estate Owned||$678,000|
|Profit Margin - Quarterly|
|Net Interest Margin||1.07%|
|Return on Assets||0.24%|
|Return on Equity||2.85%|
|Interest Income||$1.55 million|
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|0.05%||-||-||Roth IRA Account|
|0.60%||$500||-||60 Month CD|
|0.45%||$500||-||48 Month CD|
|0.25%||$500||-||36 Month CD|
|0.20%||$500||-||24 Month CD|
|0.20%||$500||-||30 Month CD|
|0.15%||$500||-||18 Month CD|
|0.10%||$500||-||12 Month CD|
|0.05%||$500||-||3 Month CD|
|0.05%||$500||-||6 Month CD|
Sorry, but we do not have location data for Har-Co Credit Union. Its headquarters is located at 30 N Hickory Ave - Bel Air, MD 21014-3249