Matadors Community Credit Union

Matadors Community Credit Union is headquartered in Northridge and is the 133^rd largest credit union in the state of California. It is also the 1,191^st largest credit union in the nation. It was established in 1963 and as of December of 2011, it had grown to 34 employees and 11,233 members. Matadors Community Credit Union's savings rates are 2X the national average, and it has a 4-star health rating.

Matadors Community Credit Union Routing Number: 322280278

Matadors Community Credit Union Checking Account Rates

Matadors Community Credit Union Savings Account Rates

Matadors Community Credit Union CD Rates

Matadors Community Credit Union IRA Rates

Data for Q4 2011

Institution Statistics MATADORS COMMUNITY NCUA # 68483 BankRate Report View Year Chartered 1963 Employees 34 Primary Regulator Assets and Liabilities Assets $129.45 million Loans $93.25 million Deposits $114.86 million Equity Capital $13.51 million Loan Loss Allowance $1.20 million Unbacked Noncurrent Loans $961,000 Real Estate Owned $1.51 million Historic Data - December 2010 Assets $121.31 million Equity Capital $13.12 million Loan Loss Allowance $1.05 million Unbacked Noncurrent Loans $1.10 million Real Estate Owned $316,000 Profit Margin - Quarterly Net Interest Margin 4.47% Return on Assets 0.3% Return on Equity 2.84% Interest Income $4.86 million Non-Interest Income $875,000

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 December 31, 2011 Matadors Community Credit Union had $2.47 million in non-current loans and owned real-estate with $14.7 million in equity and loan loss allowances on hand to cover it. This gives Matadors Community Credit Union a Texas Ratio of 16.80% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Matadors Community Credit Union increased slightly from 9.98% as of December 31, 2010 to 16.80% as of December 31, 2011, resulting in a negative change of 68.45%. This indicates that the balance sheet and financial strength for Matadors Community Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Matadors Community Credit Union has increased its total deposits by $7.04 million, resulting in 6.53% 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 Matadors Community Credit Union has shown is excellent. 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. Matadors Community Credit Union has $129.45 million in assets with $14.7 million in equity, resulting in a capitalization level of 11.36%, which is above average.

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