M-C Credit Union

M-C Credit Union is headquartered in DANVILLE and is the 40^th largest credit union in the state of Pennsylvania. It is also the 1,192^nd largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 32 employees and 11,180 members. M-C Credit Union has a 3-star health rating.

M-C Credit Union Checking Account Rates

M-C Credit Union Savings Account Rates

M-C Credit Union Money Market Rates

M-C Credit Union CD Rates

M-C Credit Union IRA Rates

Data for Q4 2011

Institution Statistics M-C NCUA # 9493 BankRate Report View Year Chartered 1954 Employees 32 Primary Regulator Assets and Liabilities Assets $129.34 million Loans $78.32 million Deposits $118.40 million Equity Capital $10.42 million Loan Loss Allowance $427,000 Unbacked Noncurrent Loans $1.24 million Real Estate Owned $488,000 Historic Data - December 2010 Assets $127.70 million Equity Capital $8.91 million Loan Loss Allowance $487,000 Unbacked Noncurrent Loans $1.42 million Real Estate Owned $490,000 Profit Margin - Quarterly Net Interest Margin 4.63% Return on Assets 0.93% Return on Equity 11.6% Interest Income $5.36 million Non-Interest Income $1.05 million

Institution Health Overall Score: 3 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 M-C Credit Union had $1.73 million in non-current loans and owned real-estate with $10.84 million in equity and loan loss allowances on hand to cover it. This gives M-C Credit Union a Texas Ratio of 15.94% 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 M-C Credit Union decreased slightly from 20.32% as of December 31, 2010 to 15.94% as of December 31, 2011, resulting in a positive change of 21.55%.This indicates that the balance sheet and financial strength for M-C Credit Union has improved slightly in recent periods. Deposit Growth In the past year, M-C Credit Union has increased its total deposits by $605,000, resulting in 0.51% 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 M-C Credit Union has shown is 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. M-C Credit Union has $129.34 million in assets with $10.84 million in equity, resulting in a capitalization level of 8.38%, which is average.

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