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888-647-9489
104 Sunshine Rd
Kansas City, KS 66115

Kc Fairfax Credit Union is headquartered in Kansas City and is the 51st largest credit union in the state of Kansas. It is also the 4,551st largest credit union in the nation. It was established in 1947 and as of March of 2014, it had grown to 4 employees and 2,534 members. Kc Fairfax Credit Union's savings rates are 4X the national average, and it has a C+ health rating.

Field of Membership Restrictions

Must live or work in Wyandotte County. - See Details

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Health

Data for Q1 2014

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Kc Fairfax Credit Union has a very 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 Kc Fairfax Credit Union had $129,000 in non-current loans and owned real-estate with $1.41 million in equity and loan loss allowances on hand to cover it. This gives Kc Fairfax Credit Union a Texas Ratio of 9.07% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Kc Fairfax Credit Union decreased slightly from 11.37% as of March 31, 2013 to 9.07% as of March 31, 2014, resulting in a positive change of 20.24%.This indicates that the balance sheet and financial strength for Kc Fairfax Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
D

In the past year, Kc Fairfax Credit Union has decreased its total deposits by $-895,000, resulting in -9.97% 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 Kc Fairfax Credit Union has shown is below average.

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. Kc Fairfax Credit Union has $9.41 million in assets with $1.41 million in equity, resulting in a capitalization level of 15.00%, which is excellent.

Institution Statistics

Overall
NCUA #5589
Year Chartered1947
Employees4
Primary Regulator
Assets and Liabilities
Assets$9.41 million
Loans$4.85 million
Deposits$8.09 million
Equity Capital$1.30 million
Loan Loss Allowance$107,000
Unbacked Noncurrent Loans$69,000
Real Estate Owned$60,000
Historic Data - March 2013
Assets$10.38 million
Equity Capital$1.38 million
Loan Loss Allowance$61,000
Unbacked Noncurrent Loans$69,000
Real Estate Owned$111,000
Profit Margin - Quarterly
Net Interest Margin2.13%
Return on Assets0.38%
Return on Equity2.76%
Interest Income$122,000
Rates
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Kc Fairfax Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
2.01%$5k-Coverdell Education Savings
0.55%$5k-IRA Savings
0.55%$5k-Roth IRA Savings
0.25%--Share Account
0.15%--Christmas Club
0.15%--Kick Account
0.15%-$5kShare Loan Account

Kc Fairfax Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--Checking Account

Kc Fairfax Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.85%--36 Month Share Certificate
0.65%--24 Month Share Certificate
0.50%--12 Month Share Certificate
0.30%--6 Month Share Certificate
0.25%--90 Day Share Certificate

Kc Fairfax Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.00%--36 Month IRA
0.90%--24 Month IRA
Locations


Kc Fairfax Credit Union Locations
Branch Office104 Sunshine RdKansas City, KS 66115-1314