1415 W Lacey Blvd
Hanford, CA 93230
www.kingsfcu.com

NCUA


Kings Credit Union is headquartered in Hanford and is the 162nd largest credit union in the state of California. It is also the 1,649th largest credit union in the nation. It was established in 1955 and as of December of 2012, it had grown to 15 employees and 8,915 members. Kings Credit Union has a 5-star health rating.



See Rates for: Savings | Money Market | CD | IRA

Kings Credit Union Savings Account Rates

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0.15%--IRA Savings Account
0.10%$1k-Regular Savings Account
0.10%$25-Kings Kid's Club Account
0.10%--Christmas Club Account

Kings Credit Union Money Market Rates

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0.25%$50k-Money Market - Sterling Account
0.20%$25k-Money Market - Elite Account
0.15%$10k-Money Market - Executive Account
0.10%$2,500-Money Market - Premier Account

Kings Credit Union CD Rates

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1.00%$10k-60 Month CD
0.80%$10k-48 Month CD
0.65%$75k-36 Month CD
0.60%$75k-24 Month CD
0.50%$75k-12 Month CD
0.45%$50k-15 Month Jumbo CD
0.40%$10k-10 Month Mini Jumbo CD
0.35%$75k-6 Month CD
0.25%$75k-3 Month CD

Kings Credit Union IRA Rates

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0.75%$75k-36 Month IRA
0.70%$75k-24 Month IRA
0.60%$75k-12 Month IRA
0.45%$75k-6 Month IRA

Rates updated: 5/20/2013

Data for Q4 2012


Institution Statistics


KINGS
NCUA #10395
BankRate ReportView
Year Chartered1955
Employees15
Primary Regulator

Assets and Liabilities

Assets$84.42 million
Loans$43.17 million
Deposits$71.25 million
Equity Capital$13.31 million
Loan Loss Allowance$789,000
Unbacked Noncurrent Loans$193,000

Historic Data - December 2011

Assets$81.15 million
Equity Capital$12.44 million
Loan Loss Allowance$871,000
Unbacked Noncurrent Loans$267,000

Profit Margin - Quarterly

Net Interest Margin4.91%
Return on Assets1.03%
Return on Equity6.55%
Interest Income$2.53 million
Non-Interest Income$826,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 Kings Credit Union had $193,000 in non-current loans and owned real-estate with $14.1 million in equity and loan loss allowances on hand to cover it. This gives Kings Credit Union a Texas Ratio of 1.37% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Kings Credit Union decreased slightly from 2.01% as of December 31, 2011 to 1.37% as of December 31, 2012, resulting in a positive change of 31.77%.This indicates that the balance sheet and financial strength for Kings Credit Union has improved slightly in recent periods.
Deposit Growth4
In the past year, Kings Credit Union has increased its total deposits by $2.87 million, resulting in 4.19% 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 Kings Credit Union has shown is above average.
Capitalization5
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. Kings Credit Union has $84.42 million in assets with $14.1 million in equity, resulting in a capitalization level of 16.70%, which is excellent.
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