M/A-COM Federal Credit Union

M/A-COM Federal Credit Union is headquartered in Lowell and is the 123^rd largest credit union in the state of Massachusetts. It is also the 4,162^nd largest credit union in the nation. It was established in 1958 and as of September of 2011, it had grown to 5 employees and 2,267 members. M/A-COM Federal Credit Union's savings rates are 11X the national average, and it boasts a 5-star health rating.

M/A-COM Federal Credit Union Routing Number: 211381592

Related Posts

M/A-COM Federal Credit Union Checking Account Rates

M/A-COM Federal Credit Union Savings Account Rates

M/A-COM Federal Credit Union CD Rates

M/A-COM Federal Credit Union IRA Rates

Data for Q3 2011

Institution Statistics M/A-COM NCUA # 12666 BankRate Report View Year Established 1958 Employees 5 Primary Regulator Assets and Liabilities Assets $13.66 million Loans $10.34 million Deposits $11.86 million Equity Capital $1.72 million Loan Loss Allowance $147,000 Unbacked Noncurrent Loans $70,000 Historic Data - September 2010 Assets $14.10 million Equity Capital $1.70 million Loan Loss Allowance $209,000 Unbacked Noncurrent Loans $289,000 Profit Margin - Quarterly Net Interest Margin 4.26% Return on Assets 0.09% Return on Equity 0.7% Interest Income $539,000 Non-Interest Income $120,000

Institution Health Overall Score: 5 out of 5 Texas Ratio 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 September 30, 2011 M/A-COM Federal Credit Union had $70,000 in non-current loans and owned real-estate with $1.87 million in equity and loan loss allowances on hand to cover it. This gives M/A-COM Federal Credit Union a Texas Ratio of 3.75% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for M/A-COM Federal Credit Union decreased significantly from 15.14% as of September 30, 2010 to 3.75% as of September 30, 2011, resulting in a positive change of 75.25%.This indicates that the balance sheet and financial strength for M/A-COM Federal Credit Union has improved significantly in recent periods. Deposit Growth In the past year, M/A-COM Federal Credit Union has decreased its total deposits by $-463,000, resulting in -3.76% 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 M/A-COM Federal Credit Union has shown is below average. Capitalization 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. M/A-COM Federal Credit Union has $13.66 million in assets with $1.87 million in equity, resulting in a capitalization level of 13.68%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.