Lincoln Usda Credit Union is headquartered in Lincoln and is the 54th largest credit union in the state of Nebraska. It is also the 5,052nd largest credit union in the nation. It was established in 1939 and as of March of 2014, it had grown to 2 employees and 1,106 members. Lincoln Usda Credit Union has a B health rating.
Must be an employee of USDA or USGS in Nebraska or other select group. - See Details
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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 Lincoln Usda Credit Union had $8,000 in non-current loans and owned real-estate with $684,000 in equity and loan loss allowances on hand to cover it. This gives Lincoln Usda Credit Union a Texas Ratio of 1.17% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
In the past year, Lincoln Usda Credit Union has increased its total deposits by $397,000, resulting in 7.71% 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 Lincoln Usda Credit Union has shown is excellent.
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. Lincoln Usda Credit Union has $6.22 million in assets with $684,000 in equity, resulting in a capitalization level of 10.99%, which is above average.
|Assets and Liabilities|
|Loan Loss Allowance||$19,000|
|Unbacked Noncurrent Loans||$8,000|
|Real Estate Owned||$0|
|Historic Data - March 2013|
|Loan Loss Allowance||$24,000|
|Real Estate Owned||$0|
|Profit Margin - Quarterly|
|Net Interest Margin||1.33%|
|Return on Assets||0.19%|
|Return on Equity||1.8%|
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|0.05%||$20||-||Share Saving Account|
|0.40%||-||-||12 Month CD|
|0.25%||-||-||6 Month CD|
|Lincoln Usda Credit Union Locations|
|Branch Office||100 Centennial Mall N Ste 313||Lincoln, NE 68508|
|Branch Office||330 S 16th St||Lincoln, NE 68508|