Marin County Credit Union
Marin County Credit Union is headquartered in San Rafael and is the 192nd largest credit union in the state of California. It is also the 2,086th largest credit union in the nation. It was established in 1963 and as of March of 2013, it had grown to 7 employees and 4,574 members. Marin County Credit Union has a 4-star health rating.
See Rates for: Checking |
Savings |
CD |
IRA
Marin County Credit Union Checking Account Rates
Marin County Credit Union Savings Account Rates
|
Apy | Min | Max | Product |
| 0.25% | $100 | - | IRA Share Savings Account |
| 0.10% | $100 | - | Primary Share Savings Account |
Marin County Credit Union CD Rates
|
Apy | Min | Max | Product |
| 0.60% | $10k | - | 36 Month CD |
| 0.45% | $1k | - | 24 Month CD |
| 0.25% | $1k | - | 18 Month CD |
| 0.20% | $1k | - | 12 Month CD |
| 0.10% | $1k | - | 6 Month CD |
| 0.05% | $5k | - | 3 Month CD |
Marin County Credit Union IRA Rates
|
Apy | Min | Max | Product |
| 0.60% | $10k | - | 36 Month IRA |
| 0.45% | $1k | - | 24 Month IRA |
| 0.25% | $1k | - | 18 Month IRA |
| 0.20% | $1k | - | 12 Month IRA |
| 0.10% | $1k | - | 6 Month IRA |
| 0.05% | $5k | - | 3 Month IRA |
Rates updated: 6/19/2013
Data for Q1 2013
Institution Statistics
| MARIN COUNTY | | NCUA # | 15659 | | BankRate Report | View | | Year Chartered | 1963 | | Employees | 7 | | Primary Regulator | |
Assets and Liabilities | | Assets | $59.90 million | | Loans | $17.46 million | | Deposits | $54.65 million | | Equity Capital | $5.05 million | | Loan Loss Allowance | $372,000 | | Unbacked Noncurrent Loans | $417,000 |
Historic Data - March 2012 | | Assets | $58.51 million | | Equity Capital | $4.82 million | | Loan Loss Allowance | $464,000 | | Unbacked Noncurrent Loans | $210,000 |
Profit Margin - Quarterly | | Net Interest Margin | 1.7% | | Return on Assets | 0.1% | | Return on Equity | 1.19% | | Interest Income | $377,000 | | Non-Interest Income | $70,000 |
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Institution Health
Overall Score:
4 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 March 31, 2013 Marin County Credit Union had $417,000 in non-current loans and owned real-estate with $5.42 million in equity and loan loss allowances on hand to cover it. This gives Marin County Credit Union a Texas Ratio of 7.69% 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 Marin County Credit Union held steady from 3.98% as of March 31, 2012 to 7.69% as of March 31, 2013, resulting in a negative change of 93.34%. This indicates that the balance sheet and financial strength for Marin County Credit Union has held steady in recent periods. | | Deposit Growth |  | | In the past year, Marin County Credit Union has increased its total deposits by $905,000, resulting in 1.68% 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 Marin County Credit Union has shown is above 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. Marin County Credit Union has $59.9 million in assets with $5.42 million in equity, resulting in a capitalization level of 9.05%, which is average. |
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