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Overview / Commentary
818-993-6328
20045 Prairie St
Chatsworth, CA 91311

Matadors Community Credit Union is headquartered in Chatsworth and is the 126th largest credit union in the state of California. It is also the 1,149th largest credit union in the nation. It was established in 1963 and as of March of 2014, it had grown to 39 employees and 13,934 members. Matadors Community Credit Union's savings rates are 44% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Must live, work or worship in any of these Southern California communities: Agoura Hills, North Hills, Simi Valley, Arleta, North Hollywood, Sun Valley, Calabasas, Northridge, Sylmar, Calabasas Park, Pacoima, Tarzana, Canoga Park, Panorama City, Valley Village, Chatsworth, Reseda, Van Nuys, Encino, San Fernando, West Hills, Granada Hills, Santa Clarita, Valley, Winnetka, Mission Hills, Sherman Oaks or Woodland Hills. Also open to students of the California State University Northridge or members of the California Federation of Teachers. - See Details

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Matadors Community Credit Union had $390,000 in non-current loans and owned real-estate with $15.32 million in equity and loan loss allowances on hand to cover it. This gives Matadors Community Credit Union a Texas Ratio of 2.54% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Matadors Community Credit Union decreased dramatically from 7.44% as of March 31, 2013 to 2.54% as of March 31, 2014, resulting in a positive change of 65.81%.This indicates that the balance sheet and financial strength for Matadors Community Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Matadors Community Credit Union has increased its total deposits by $3.51 million, resulting in 2.73% 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 above average.

Capitalization

GRADE:
B+

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 $150.65 million in assets with $15.32 million in equity, resulting in a capitalization level of 10.17%, which is above average.

Institution Statistics

Overall
NCUA #68483
Year Chartered1963
Employees39
Primary Regulator
Assets and Liabilities
Assets$150.65 million
Loans$122.92 million
Deposits$131.93 million
Equity Capital$14.32 million
Loan Loss Allowance$1.00 million
Unbacked Noncurrent Loans$390,000
Real Estate Owned$0
Historic Data - March 2013
Assets$143.32 million
Equity Capital$13.71 million
Loan Loss Allowance$1.01 million
Unbacked Noncurrent Loans$390,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin0.91%
Return on Assets0.46%
Return on Equity4.83%
Interest Income$1.24 million
Rates
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Matadors Community Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.75%$5k-Health Savings Account
0.15%$250-College Savings
0.15%--Little/Teen $avers
0.15%$2,500-Savers Plus
0.15%$100-IRA Savings
0.15%$1k-Business Savers Plus
0.05%$100-Regular Savings
0.05%$100-Holiday Savings
0.05%$1k-Business Savings

Matadors Community Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$1k-Premium Checking
0.05%$3k-Business Checking Plus

Matadors Community Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.25%$1k-60 Month CD
1.10%$1k-36 Month CD
0.85%$1k-48 Month CD
0.45%$1k-24 Month CD
0.40%$1k-18 Month CD
0.35%$1k-15 Month CD
0.30%$1k-12 Month CD
0.30%$10k-12 Month Business CD
0.25%$15k-12 Month Flex Plus CD
0.25%$1k-6 Month CD
0.25%$10k-6 Month Business CD
0.20%$2,500-7 Month Flex Plus CD
0.15%$2,500-6 Month Flex CD
0.15%$1k-3 Month CD
0.10%$2,500-3 Month Flex CD

Matadors Community Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.25%$1k-60 Month IRA
1.10%$1k-36 Month IRA
0.85%$1k-48 Month IRA
0.45%$1k-24 Month IRA
0.40%$1k-18 Month IRA
0.35%$1k-15 Month IRA
0.30%$1k-12 Month IRA
0.25%$1k-6 Month IRA
0.15%$1k-3 Month IRA
Locations


Matadors Community Credit Union Locations
Branch Office20045 Prairie StChatsworth, CA 91311
Branch Office9401 Reseda BlvdNorthridge, CA 91324