Horizon Community Credit Union

Horizon Community Credit Union Locations

P. O. Box 670
Green Bay, WI 543050670
www.horizonccu.com

OverView
Rates
Health
Reviews

Horizon Community Credit Union is headquartered in GREEN BAY and is the 74^th largest credit union in the state of Wisconsin. It is also the 2,541^st largest credit union in the nation. It was established in 1932 and as of December of 2011, it had grown to 7 employees and 4,285 members. Horizon Community Credit Union has a 5-star health rating.

Horizon Community Credit Union Routing Number: 275977670

Report an Issue

See Rates for: Checking | Savings | CD | IRA

Horizon Community Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.10%	-	-	Checking Accounts

Horizon Community Credit Union Savings Account Rates

Apy	Min	Max	Product
0.30%	$25k	-	Share Account
0.30%	$25k	-	IRA Share
0.30%	$25k	-	Youth Share Account
0.30%	$25k	-	Roth IRA Share
0.30%	$25k	-	CESA Share
0.10%	-	-	Christmas Club
0.10%	-	-	Club Accounts

Horizon Community Credit Union CD Rates

Apy	Min	Max	Product
1.50%	$10k	-	60 Month CD
1.30%	$10k	-	48 Month CD
1.15%	$10k	-	36 Month CD
0.85%	$10k	-	24 Month CD
0.50%	$10k	-	12 Month CD
0.45%	$100	-	12 Month Add-On CD
0.45%	$500	-	12 Month Youth CD
0.25%	$2,500	-	6 Month CD
0.25%	$500	-	6 Month Youth CD
0.15%	$2,500	-	3 Month CD
0.15%	$500	-	3 Month Youth CD

Horizon Community Credit Union IRA Rates

Apy	Min	Max	Product
1.50%	$10k	-	60 Month IRA
1.50%	$10k	-	60 Month Roth IRA
1.50%	$10k	-	60 Month CESA
1.30%	$10k	-	48 Month IRA
1.30%	$10k	-	48 Month Roth IRA
1.30%	$10k	-	48 Month CESA
1.15%	$10k	-	36 Month IRA
1.15%	$10k	-	36 Month Roth IRA
1.15%	$10k	-	36 Month CESA
0.85%	$10k	-	24 Month IRA
0.85%	$10k	-	24 Month Roth IRA
0.85%	$10k	-	24 Month CESA
0.50%	$10k	-	12 Month IRA
0.50%	$10k	-	12 Month Roth IRA
0.50%	$10k	-	12 Month CESA
0.45%	$100	-	12 Month Add-On IRA
0.45%	$100	-	12 Month Add-On Roth IRA
0.45%	$100	-	12 Month Add-On CESA
0.25%	$2,500	-	6 Month IRA
0.25%	$2,500	-	6 Month Roth IRA
0.25%	$2,500	-	6 Month CESA
0.15%	$2,500	-	3 Month IRA
0.15%	$2,500	-	3 Month Roth IRA
0.15%	$2,500	-	3 Month CESA

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

HORIZON COMMUNITY
NCUA #	66390
BankRate Report	View
Year Chartered	1932
Employees	7
Primary Regulator
Assets and Liabilities
Assets	$39.67 million
Loans	$24.98 million
Deposits	$33.57 million
Equity Capital	$5.88 million
Loan Loss Allowance	$168,000
Unbacked Noncurrent Loans	$95,000
Real Estate Owned	$145,000
Historic Data - December 2010
Assets	$37.54 million
Equity Capital	$5.79 million
Loan Loss Allowance	$133,000
Unbacked Noncurrent Loans	$168,000
Real Estate Owned	$400,000
Profit Margin - Quarterly
Net Interest Margin	4.91%
Return on Assets	0.21%
Return on Equity	1.45%
Interest Income	$1.49 million
Non-Interest Income	$166,000

Institution Health

Overall Score:

5 out of 5

Texas Ratio
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 Horizon Community Credit Union had $240,000 in non-current loans and owned real-estate with $6.04 million in equity and loan loss allowances on hand to cover it. This gives Horizon Community Credit Union a Texas Ratio of 3.97% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Horizon Community Credit Union decreased significantly from 9.59% as of December 31, 2010 to 3.97% as of December 31, 2011, resulting in a positive change of 58.59%.This indicates that the balance sheet and financial strength for Horizon Community Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Horizon Community Credit Union has increased its total deposits by $2.06 million, resulting in 6.54% 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 Horizon Community Credit Union has shown is excellent.
Capitalization
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. Horizon Community Credit Union has $39.67 million in assets with $6.04 million in equity, resulting in a capitalization level of 15.24%, which is excellent.

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