Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
970-854-3109
101 W Denver St
Holyoke, CO 80734-1427

Holyoke Community Credit Union is headquartered in Holyoke and is the 51st largest credit union in the state of Colorado. It is also the 2,877th largest credit union in the nation. It was established in 1938 and as of March of 2014, it had grown to 12 employees and 2,886 members. Holyoke Community Credit Union has a C+ health rating.

Field of Membership Restrictions

Residents of Eastern Phillips County in Colorado and Chase County in Nebraska. - See Details

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



Health

Data for Q1 2014

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. Holyoke Community Credit Union has a low asset base.

Texas Ratio

GRADE:
A

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 Holyoke Community Credit Union had $234,000 in non-current loans and owned real-estate with $2.8 million in equity and loan loss allowances on hand to cover it. This gives Holyoke Community Credit Union a Texas Ratio of 8.37% 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 Holyoke Community Credit Union experienced no significant changes from 9.09% as of March 31, 2013 to 8.37% as of March 31, 2014, resulting in a positive change of 7.87%.This indicates that the balance sheet and financial strength for Holyoke Community Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
C

In the past year, Holyoke Community Credit Union has decreased its total deposits by $-521,000, resulting in -1.73% 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 Holyoke Community Credit Union has shown is 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. Holyoke Community Credit Union has $32.2 million in assets with $2.8 million in equity, resulting in a capitalization level of 8.68%, which is average.

Institution Statistics

Overall
NCUA #2818
Year Chartered1938
Employees12
Primary Regulator
Assets and Liabilities
Assets$32.20 million
Loans$25.67 million
Deposits$29.62 million
Equity Capital$2.54 million
Loan Loss Allowance$251,000
Unbacked Noncurrent Loans$3,000
Real Estate Owned$231,000
Historic Data - March 2013
Assets$32.79 million
Equity Capital$2.61 million
Loan Loss Allowance$84,000
Unbacked Noncurrent Loans$3,000
Real Estate Owned$221,000
Profit Margin - Quarterly
Net Interest Margin1.12%
Return on Assets0.46%
Return on Equity5.82%
Interest Income$319,000
Rates

Always verify rates and promotions with the bank or credit union. We are not Holyoke Community Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Holyoke Community Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$50-Health Savings Account
0.50%$50-IRA Share
0.20%$25-Passbook Savings Account

Holyoke Community Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$10k-Money Market Account

Holyoke Community Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--N.O.W. Account

Holyoke Community Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.55%$50k-5 Year CD
1.45%$50k-4 Year CD
1.10%$10k-3 Year CD
1.00%$10k-30 Month CD
0.80%$10k-2 Year CD
0.70%$10k-18 Month CD
0.60%$5k-1 Year CD
0.60%$200-Kids' 1 Yr CD
0.40%$2,500-6 Month CD
0.30%$500-3 Month CD
Locations


Holyoke Community Credit Union Locations
Branch Office101 W Denver StHolyoke, CO 80734-1427
Branch Office517 BroadwayImperial, NE 69033-3119