Houston Texas Fire Fighters Credit Union

Houston Texas Fire Fighters Credit Union is headquartered in Houston and is the 66^th largest credit union in the state of Texas. It is also the 812^st largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 56 employees and 16,300 members. Houston Texas Fire Fighters Credit Union has a 5-star health rating.

Houston Texas Fire Fighters Credit Union Checking Account Rates

Houston Texas Fire Fighters Credit Union Savings Account Rates

Houston Texas Fire Fighters Credit Union Money Market Rates

Houston Texas Fire Fighters Credit Union CD Rates

Houston Texas Fire Fighters Credit Union IRA Rates

Data for Q4 2011

Institution Statistics HOUSTON TEXAS FIRE FIGHTERS NCUA # 258 BankRate Report View Year Chartered 1935 Employees 56 Primary Regulator Assets and Liabilities Assets $219.54 million Loans $126.87 million Deposits $186.96 million Equity Capital $29.57 million Loan Loss Allowance $744,000 Unbacked Noncurrent Loans $1.17 million Real Estate Owned $103,000 Historic Data - December 2010 Assets $211.40 million Equity Capital $27.68 million Loan Loss Allowance $727,000 Unbacked Noncurrent Loans $1.33 million Profit Margin - Quarterly Net Interest Margin 6.02% Return on Assets 0.87% Return on Equity 6.43% Interest Income $9.34 million Non-Interest Income $1.10 million

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 Houston Texas Fire Fighters Credit Union had $1.27 million in non-current loans and owned real-estate with $30.32 million in equity and loan loss allowances on hand to cover it. This gives Houston Texas Fire Fighters Credit Union a Texas Ratio of 4.20% 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 Houston Texas Fire Fighters Credit Union held steady from 4.69% as of December 31, 2010 to 4.20% as of December 31, 2011, resulting in a positive change of 10.52%.This indicates that the balance sheet and financial strength for Houston Texas Fire Fighters Credit Union has held steady in recent periods. Deposit Growth In the past year, Houston Texas Fire Fighters Credit Union has increased its total deposits by $6.01 million, resulting in 3.32% 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 Houston Texas Fire Fighters Credit Union has shown is above average. 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. Houston Texas Fire Fighters Credit Union has $219.54 million in assets with $30.32 million in equity, resulting in a capitalization level of 13.81%, which is excellent.

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