Marin County Credit Union

Marin County Credit Union Locations
30 N. San Pedro Rd. #115
San Rafael, CA 94903
www.marincu.org

NCUA


Marin County Credit Union is headquartered in San Rafael and is the 194th 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 December of 2012, it had grown to 6 employees and 4,598 members. Marin County Credit Union has a 5-star health rating.



See Rates for: Checking | Savings | CD | IRA

Marin County Credit Union Checking Account Rates

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0.05%$50k-Share Checking Account

Marin County Credit Union Savings Account Rates

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0.25%$100-IRA Share Savings Account
0.10%$100-Primary Share Savings Account

Marin County Credit Union CD Rates

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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

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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: 5/24/2013

Data for Q4 2012


Institution Statistics


MARIN COUNTY
NCUA #15659
BankRate ReportView
Year Chartered1963
Employees6
Primary Regulator

Assets and Liabilities

Assets$58.71 million
Loans$18.42 million
Deposits$53.53 million
Equity Capital$5.04 million
Loan Loss Allowance$344,000
Unbacked Noncurrent Loans$366,000

Historic Data - December 2011

Assets$56.22 million
Equity Capital$4.76 million
Loan Loss Allowance$497,000
Unbacked Noncurrent Loans$260,000

Profit Margin - Quarterly

Net Interest Margin6.89%
Return on Assets0.48%
Return on Equity5.54%
Interest Income$1.61 million
Non-Interest Income$295,000

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 Marin County Credit Union had $366,000 in non-current loans and owned real-estate with $5.38 million in equity and loan loss allowances on hand to cover it. This gives Marin County Credit Union a Texas Ratio of 6.80% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Marin County Credit Union held steady from 4.95% as of December 31, 2011 to 6.80% as of December 31, 2012, resulting in a negative change of 37.45%. This indicates that the balance sheet and financial strength for Marin County Credit Union has held steady in recent periods.
Deposit Growth4
In the past year, Marin County Credit Union has increased its total deposits by $2.3 million, resulting in 4.49% 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.
Capitalization3
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 $58.71 million in assets with $5.38 million in equity, resulting in a capitalization level of 9.17%, which is average.
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