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Overview / Commentary
818-238-2950
1020 West Olive Avenue
Burbank, CA 91506

Media City Community Credit Union is headquartered in Burbank and is the 240th largest credit union in the state of California. It is also the 2,828th largest credit union in the nation. It was established in 1936 and as of March of 2014, it had grown to 6 employees and 3,245 members. Media City Community Credit Union has a C+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Burbank. - See Details

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Health

Data for Q1 2014

Institution Health

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

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 Media City Community Credit Union had $332,000 in non-current loans and owned real-estate with $4.01 million in equity and loan loss allowances on hand to cover it. This gives Media City Community Credit Union a Texas Ratio of 8.28% 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 Media City Community Credit Union experienced no significant changes from 8.10% as of March 31, 2013 to 8.28% as of March 31, 2014, resulting in a negative change of 2.23%. This indicates that the balance sheet and financial strength for Media City Community Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
D

In the past year, Media City Community Credit Union has decreased its total deposits by -$2.32 million, resulting in -7.3% 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 Media City Community Credit Union has shown is below average.

Capitalization

GRADE:
A+

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. Media City Community Credit Union has $33.26 million in assets with $4.01 million in equity, resulting in a capitalization level of 12.06%, which is excellent.

Institution Statistics

Overall
NCUA #68549
Year Chartered1936
Employees6
Primary Regulator
Assets and Liabilities
Assets$33.26 million
Loans$15.18 million
Deposits$29.38 million
Equity Capital$3.74 million
Loan Loss Allowance$275,000
Unbacked Noncurrent Loans$332,000
Real Estate Owned$0
Historic Data - March 2013
Assets$35.45 million
Equity Capital$3.52 million
Loan Loss Allowance$383,000
Unbacked Noncurrent Loans$332,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.26%
Return on Assets1.24%
Return on Equity11.03%
Interest Income$255,000
Rates
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Media City Community Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$10k-IRA Savings Accounts
0.10%$5k-Share Accounts
0.10%--Holiday Savings Accounts

Media City Community Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$100k-Money Market Accounts

Media City Community Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.10%$1k-60 Month CD
1.10%$50k-60 Month Jumbo CD
0.90%$100k-48-59 Month Jumbo CD
0.75%$1k-48-59 Month CD
0.70%$50k-36-47 Month Jumbo CD
0.65%$10k-36 Month CD Special (Fixed)
0.60%$1k-36-47 Month CD
0.50%$100k-24-35 Month Jumbo CD
0.40%$1k-24-35 Month CD
0.35%$100k-12-23 Month Jumbo CD CD
0.25%$5k-16 Month CD Special (Fixed)
0.25%$1k-12-23 Month CD
0.25%$100k-6-11 Month Jumbo CD
0.18%$1k-6-11 Month CD

Media City Community Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.10%$1k-60 Month IRA
1.10%$50k-60 Month Jumbo IRA
0.90%$100k-48-59 Month Jumbo IRA
0.75%$1k-48-59 Month IRA
0.70%$50k-36-47 Month Jumbo IRA
0.60%$1k-36-47 Month IRA
0.50%$100k-24-35 Month Jumbo IRA
0.40%$1k-24-35 Month IRA
0.35%$100k-12-23 Month Jumbo IRA
0.25%$1k-12-23 Month IRA
0.20%$50k-6-11 Month Jumbo IRA
0.18%$1k-6-11 Month IRA
Locations


Media City Community Credit Union Locations
Branch Office1020 W Olive AveBurbank, CA 91506-2212