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866-239-8310
P.O. Box 20525
Phoenix, AZ 85036

Marisol Credit Union is headquartered in Phoenix and is the 26th largest credit union in the state of Arizona. It is also the 2,824th largest credit union in the nation. It was established in 1954 and as of December of 2013, it had grown to 20 employees and 7,115 members. Marisol Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be an employee or retiree of Maricopa County. Also open to those who live, work or worship in selected areas in Mesa, Arizona. - See Details

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Health

Data for Q4 2013

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Marisol Credit Union has a low asset base.

Texas Ratio

GRADE:
A+

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, 2013 Marisol Credit Union had $116,000 in non-current loans and owned real-estate with $2.94 million in equity and loan loss allowances on hand to cover it. This gives Marisol Credit Union a Texas Ratio of 3.94% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Marisol Credit Union experienced no significant changes from 2.82% as of December 31, 2012 to 3.94% as of December 31, 2013, resulting in a negative change of 39.97%. This indicates that the balance sheet and financial strength for Marisol Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, Marisol Credit Union has increased its total deposits by $1.2 million, resulting in 4.28% 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 Marisol Credit Union has shown is excellent.

Capitalization

GRADE:
C+

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. Marisol Credit Union has $32.64 million in assets with $2.94 million in equity, resulting in a capitalization level of 9.02%, which is average.

Institution Statistics

Overall
NCUA #9469
Year Chartered1954
Employees20
Primary Regulator
Assets and Liabilities
Assets$32.64 million
Loans$16.62 million
Deposits$29.24 million
Equity Capital$2.75 million
Loan Loss Allowance$192,000
Unbacked Noncurrent Loans$98,000
Real Estate Owned$18,000
Historic Data - December 2012
Assets$31.34 million
Equity Capital$2.82 million
Loan Loss Allowance$236,000
Unbacked Noncurrent Loans$98,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin6.46%
Return on Assets0.33%
Return on Equity3.96%
Interest Income$1.32 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Marisol Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Marisol Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$10k-IRA Savings Account
0.15%$10k-Roth IRA Savings Account
0.15%$10k-Coverdell Education Savings Account
0.10%$25-Kids Club Account
0.10%--Vacation Club Account
0.10%--Christmas Club Account
0.03%$25-Share (Savings) Account

Marisol Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.05%$1k-Money Market Savings Account

Marisol Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Premier Checking Account

Marisol Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.85%$500-60 Month Share CD
0.55%$500-36 Month Share CD
0.40%$500-24 Month Share CD
0.15%$500-12 Month Share CD
0.10%$500-6 Month Share CD

Marisol Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.95%$500-60 Month IRA Share Certificate (Traditional,Roth)
0.65%$500-36 Month IRA Share Certificate (Traditional,Roth)
0.50%$500-24 Month IRA Share Certificate (Traditional,Roth)
0.25%$500-12 Month IRA Share Certificate (Traditional,Roth)
0.25%$2k-12 Month Coverdell IRA Share Certificate
0.20%$500-6 Month IRA Share Certificate (Traditional,Roth)
Locations


Marisol Credit Union Locations
Branch Office3220 W Gibson Ln SUITE 200Phoenix, AZ 85009
Branch Office635 E Broadway RdMesa, AZ 85204
Branch Office721 N 3rd StPhoenix, AZ 85004
Branch Office2601 E ROOSEVELT ST Rm 0-B-23PHOENIX, AZ 85008-4973