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Overview / Commentary
303-278-4636
2433 FORD ST
GOLDEN, CO 80401-2429

Jeffco Credit Union is headquartered in GOLDEN and is the 63rd largest credit union in the state of Colorado. It is also the 3,660th largest credit union in the nation. It was established in 1959 and as of March of 2014, it had grown to 4 employees and 1,750 members. Jeffco Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be an employee of Jefferson County, The City of Golden, Facilities West or Stevenson Automotive. - See Details

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Health

Data for Q1 2014

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Jeffco 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 Jeffco Credit Union had $1,000 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 Jeffco Credit Union a Texas Ratio of 0.04% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Jeffco Credit Union decreased dramatically from 0.37% as of March 31, 2013 to 0.04% as of March 31, 2014, resulting in a positive change of 90.33%.This indicates that the balance sheet and financial strength for Jeffco Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Jeffco Credit Union has increased its total deposits by $886,000, resulting in 6.02% 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 Jeffco Credit Union has shown is excellent.

Capitalization

GRADE:
A+

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. Jeffco Credit Union has $18.53 million in assets with $2.8 million in equity, resulting in a capitalization level of 15.09%, which is excellent.

Institution Statistics

Overall
NCUA #12884
Year Chartered1959
Employees4
Primary Regulator
Assets and Liabilities
Assets$18.53 million
Loans$8.76 million
Deposits$15.59 million
Equity Capital$2.73 million
Loan Loss Allowance$65,000
Unbacked Noncurrent Loans$1,000
Real Estate Owned$0
Historic Data - March 2013
Assets$17.55 million
Equity Capital$2.64 million
Loan Loss Allowance$71,000
Unbacked Noncurrent Loans$1,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.28%
Return on Assets0.52%
Return on Equity3.51%
Interest Income$134,000
Rates

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

Jeffco Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$50-Share Savings Account
0.05%$50-Holiday Savings
0.05%$50-Personalized Savings
0.05%$50-Kids Goal Savings
0.05%$50-IRA Share Savings

Jeffco Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$25k-Money Market

Jeffco Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$1,500-Platinum Checking Account

Jeffco Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.61%$500-60 Month CD
1.61%$50-60 Month Kids Money Builder CD
1.51%$500-48 Month CD
1.51%$50-48 Month Kids Money Builder CD
1.26%$500-36 Month CD
1.26%$50-36 Month Kids Money Builder CD
0.75%$500-24 Month CD
0.75%$50-24 Month Kids Money Builder CD
0.55%$500-18 Month CD
0.55%$50-18 Month Kids Money Builder CD
0.45%$500-12 Month CD
0.45%$50-12 Month Kids Money Builder CD
0.30%$500-6 Month CD
0.30%$50-6 Month Kids Money Builder CD

Jeffco Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.61%$500-60 Month IRA
1.51%$500-48 Month IRA
1.26%$500-36 Month IRA
0.75%$500-24 Month IRA
0.55%$500-18 Month IRA
0.45%$500-12 Month IRA
0.30%$500-6 Month IRA
Locations


Jeffco Credit Union Locations
Branch Office2433 FORD STGOLDEN, CO 80401-2429