Hughes Credit Union

971 W Wetmore Rd
Tucson, AZ 85705
520-794-8341
www.hughesfcu.org

NCUA

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Hughes Credit Union is headquartered in Tucson and is the 6^th largest credit union in the state of Arizona. It is also the 301^st largest credit union in the nation. It was established in 1951 and as of December of 2012, it had grown to 177 employees and 75,628 members. Hughes Credit Union has a 5-star health rating.

Special 29-Month CD at Hughes Federal Credit Union in Tucson - Easy Membership - 5/11/2012

Hughes Federal Credit Union is offering an anniversary special certificate with a 29-month term. Three rates are available for different deposit sizes. The highest rate is 1.51% APY for a $99K deposit ...

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See Rates for: Checking | Savings | CD | IRA

Hughes Credit Union Checking Account Rates

Apy	Min	Max	Product
0.05%	-	-	Free Checking
0.05%	-	-	Premier Checking

Hughes Credit Union Savings Account Rates

Apy	Min	Max	Product
0.50%	$150k	-	Ultimate Yield Account
0.30%	$75k	-	Premium Yield Account
0.30%	$100	-	Contributory IRA
0.30%	$100	-	Spousal IRA
0.30%	$100	-	SEP IRA
0.30%	$100	-	Rollover IRA
0.30%	$100	-	ROTH IRA Accumulative
0.30%	$100	-	ROTH IRA Rollover
0.20%	-	-	Health Savings Account Checking
0.15%	$1k	-	High Yield Account
0.10%	$50	-	Main Share Account
0.10%	-	-	Holiday Club Account
0.10%	-	-	Escrow Share Account
0.10%	-	-	Daily Savings Account
0.10%	-	-	You Name It

Hughes Credit Union CD Rates

Apy	Min	Max	Product
1.11%	$99k	-	36 Month Jumbo CD
1.01%	$50k	$99k	36 Month Mini-Jumbo CD
0.90%	$1k	$50k	36 Month CD
0.85%	$99k	-	24 Month Jumbo CD
0.75%	$50k	$99k	24 Month Mini-Jumbo CD
0.70%	$100	-	36 Month Youth CD
0.65%	$1k	$50k	24 Month CD
0.60%	$100	-	24 Month Youth CD
0.50%	$99k	-	12 Month Jumbo CD
0.40%	$50k	$99k	12 Month Mini-Jumbo CD
0.40%	$99k	-	6 Month Jumbo CD
0.30%	$1k	$50k	12 Month CD
0.30%	$50k	$99k	6 Month Mini-Jumbo CD
0.25%	$100	-	12 Month Youth CD
0.20%	$1k	$50k	6 Month CD
0.15%	$100	-	6 Month Youth CD

Hughes Credit Union IRA Rates

Apy	Min	Max	Product
1.21%	$99k	-	36 Month Jumbo IRA
1.21%	$99k	-	36 Month Jumbo Roth IRA
1.21%	$99k	-	36 Month Jumbo SEP IRA
1.16%	$50k	$99k	36 Month Mini-Jumbo IRA
1.16%	$50k	$99k	36 Month Mini-Jumbo Roth IRA
1.16%	$50k	$99k	36 Month Mini-Jumbo SEP IRA
1.11%	$1k	$50k	36 Month IRA
1.11%	$1k	$50k	36 Month Roth IRA
1.11%	$1k	$50k	36 Month SEP IRA
0.90%	$99k	-	24 Month Jumbo IRA
0.90%	$99k	-	24 Month Jumbo Roth IRA
0.90%	$99k	-	24 Month Jumbo SEP IRA
0.85%	$50k	$99k	24 Month Mini-Jumbo IRA
0.85%	$50k	$99k	24 Month Mini-Jumbo Roth IRA
0.85%	$50k	$99k	24 Month Mini-Jumbo SEP IRA
0.80%	$1k	$50k	24 Month IRA
0.80%	$1k	$50k	24 Month Roth IRA
0.80%	$1k	$50k	24 Month SEP IRA
0.50%	$99k	-	12 Month Jumbo IRA
0.50%	$99k	-	12 Month Jumbo Roth IRA
0.50%	$99k	-	12 Month Jumbo SEP IRA
0.45%	$50k	$99k	12 Month Mini-Jumbo IRA
0.45%	$50k	$99k	12 Month Mini-Jumbo Roth IRA
0.45%	$50k	$99k	12 Month Mini-Jumbo SEP IRA
0.40%	$1k	$50k	12 Month IRA
0.40%	$1k	$50k	12 Month Roth IRA
0.40%	$1k	$50k	12 Month SEP IRA

Rates updated: 5/22/2013

Data for Q4 2012

Institution Statistics

HUGHES
NCUA #	7531
BankRate Report	View
Year Chartered	1951
Employees	177
Primary Regulator
Assets and Liabilities
Assets	$714.58 million
Loans	$577.74 million
Deposits	$647.57 million
Equity Capital	$62.56 million
Loan Loss Allowance	$4.64 million
Unbacked Noncurrent Loans	$2.18 million
Historic Data - December 2011
Assets	$559.29 million
Equity Capital	$54.81 million
Loan Loss Allowance	$3.66 million
Unbacked Noncurrent Loans	$1.06 million
Real Estate Owned	$174,000
Profit Margin - Quarterly
Net Interest Margin	4.43%
Return on Assets	1.08%
Return on Equity	12.37%
Interest Income	$28.63 million
Non-Interest Income	$6.85 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, 2012 Hughes Credit Union had $2.18 million in non-current loans and owned real-estate with $67.21 million in equity and loan loss allowances on hand to cover it. This gives Hughes Credit Union a Texas Ratio of 3.24% 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 Hughes Credit Union held steady from 2.11% as of December 31, 2011 to 3.24% as of December 31, 2012, resulting in a negative change of 53.74%. This indicates that the balance sheet and financial strength for Hughes Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Hughes Credit Union has increased its total deposits by $147.49 million, resulting in 29.49% 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 Hughes 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. Hughes Credit Union has $714.58 million in assets with $67.21 million in equity, resulting in a capitalization level of 9.40%, which is average.

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Hughes Credit Union

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