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Overview / Commentary
P.O. Box 120
Jemez Springs, NM 87025

Jemez Valley Credit Union is headquartered in JEMEZ SPRINGS and is the 29th largest credit union in the state of New Mexico. It is also the 3,555th largest credit union in the nation. It was established in 1966 and as of December of 2013, it had grown to 8 employees and 1,675 members. Jemez Valley Credit Union has a B health rating.

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Health

Data for Q4 2013

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. Jemez Valley Credit Union has a low asset base.

Texas Ratio

GRADE:
A

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, 2013 Jemez Valley Credit Union had $288,000 in non-current loans and owned real-estate with $2.63 million in equity and loan loss allowances on hand to cover it. This gives Jemez Valley Credit Union a Texas Ratio of 10.97% 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 Jemez Valley Credit Union increased slightly from 4.78% as of December 31, 2012 to 10.97% as of December 31, 2013, resulting in a negative change of 129.54%. This indicates that the balance sheet and financial strength for Jemez Valley Credit Union has declined slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Jemez Valley Credit Union has increased its total deposits by $1.98 million, resulting in 13.33% 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 Jemez Valley 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. Jemez Valley Credit Union has $19.46 million in assets with $2.63 million in equity, resulting in a capitalization level of 13.49%, which is excellent.

Institution Statistics

Overall
NCUA #62637
Year Chartered1966
Employees8
Primary Regulator
Assets and Liabilities
Assets$19.47 million
Loans$11.39 million
Deposits$16.86 million
Equity Capital$2.54 million
Loan Loss Allowance$84,000
Unbacked Noncurrent Loans$288,000
Real Estate Owned$0
Historic Data - December 2012
Assets$17.17 million
Equity Capital$2.29 million
Loan Loss Allowance$98,000
Unbacked Noncurrent Loans$288,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin6.32%
Return on Assets1.24%
Return on Equity9.48%
Interest Income$809,000
Rates

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Locations


Jemez Valley Credit Union Locations
Branch Office17117 HIGHWAY 4JEMEZ SPRINGS, NM 870250120