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877-662-3421
1900 Diamond Dr
Los Alamos, NM 87544

Los Alamos Schools Credit Union is headquartered in Los Alamos and is the 31st largest credit union in the state of New Mexico. It is also the 3,822nd largest credit union in the nation. It was established in 1955 and as of March of 2014, it had grown to 4 employees and 1,687 members. Los Alamos Schools Credit Union has a C+ health rating.

Field of Membership Restrictions

Must be an employee or retiree of the Los Alamos School System. - 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. Los Alamos Schools Credit Union has a low asset base.

Texas Ratio

GRADE:
B

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 Los Alamos Schools Credit Union had $331,000 in non-current loans and owned real-estate with $2.02 million in equity and loan loss allowances on hand to cover it. This gives Los Alamos Schools Credit Union a Texas Ratio of 16.42% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Los Alamos Schools Credit Union experienced no significant changes from 17.65% as of March 31, 2013 to 16.42% as of March 31, 2014, resulting in a positive change of 6.96%.This indicates that the balance sheet and financial strength for Los Alamos Schools Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Los Alamos Schools Credit Union has increased its total deposits by $340,000, resulting in 2.44% 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 Los Alamos Schools Credit Union has shown is above 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. Los Alamos Schools Credit Union has $16.27 million in assets with $2.02 million in equity, resulting in a capitalization level of 12.39%, which is excellent.

Institution Statistics

Overall
NCUA #61165
Year Chartered1955
Employees4
Primary Regulator
Assets and Liabilities
Assets$16.27 million
Loans$9.19 million
Deposits$14.27 million
Equity Capital$1.97 million
Loan Loss Allowance$45,000
Unbacked Noncurrent Loans$2,000
Real Estate Owned$329,000
Historic Data - March 2013
Assets$15.85 million
Equity Capital$1.89 million
Loan Loss Allowance$61,000
Unbacked Noncurrent Loans$2,000
Real Estate Owned$338,000
Profit Margin - Quarterly
Net Interest Margin1.27%
Return on Assets0.57%
Return on Equity4.67%
Interest Income$135,000
Rates
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Los Alamos Schools Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.21%$50k-Share Savings Account

Los Alamos Schools Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.11%--Draft Account

Los Alamos Schools Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.06%$500-60 Month CD
0.81%$500-48 Month CD
0.71%$100-12 Month Youth CD
0.61%$500-36 Month CD
0.51%$20k-24 Month Plus CD
0.46%$500-24 Month CD
0.31%$500-12 Month CD
0.21%$500-6 Month CD
0.16%$500-90 Day CD
Locations


Los Alamos Schools Credit Union Locations
Branch Office3268 Cerrillos RdSanta Fe, NM 87507
Branch Office1900 Diamond DrLos Alamos, NM 87544