Members Choice Credit Union

14960 Park Row
Houston, TX 77084
800-753-2428
www.mccu.org

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Members Choice Credit Union is headquartered in Houston and is the 43^rd largest credit union in the state of Texas. It is also the 527^th largest credit union in the nation. It was established in 1941 and as of September of 2011, it had grown to 95 employees and 36,889 members. Members Choice Credit Union's savings rates are 94% higher than the national average, and it boasts a 5-star health rating.

Members Choice Credit Union Routing Number: 313083196

3.01% Reward Checking Account at a Texas CU (Members Choice) - 11/13/2007

Update 12/30/08: The top yield has fallen to 3.01% APY. Refer to the bottom of the post for the rate history.Members Choice Credit Union has started a reward checking account that pays 3.01% APY on balances up to $25K (0.10% over $25K) and refunds ATM...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Members Choice Credit Union Checking Account Rates

	Apy	Min	Max	Product
	1.51%	-	$10k	Kasasa Cash

Members Choice Credit Union Savings Account Rates

Apy	Min	Max	Product
1.01%	-	$10k	Kasasa Saver
0.60%	-	-	IRA Account
0.60%	-	-	Roth IRA Account
0.20%	$100	-	Savings Account

Members Choice Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.30%	$2k	-	Money Market Account

Members Choice Credit Union CD Rates

Apy	Min	Max	Product
1.71%	$500	-	60 Month CD Certificate
1.01%	$500	-	36 Month CD Certificate
0.85%	$500	-	24 Month CD Certificate
0.71%	$500	-	18 Month CD Certificate
0.55%	$500	-	12 Month CD Certificate
0.50%	$500	-	9 Month CD Certificate
0.47%	$500	-	6 Month CD Certificate

Members Choice Credit Union IRA Rates

Apy	Min	Max	Product
1.71%	$500	-	60 Month IRA Certificate
1.71%	$500	-	60 Month Roth IRA Certificate
1.01%	$500	-	36 Month IRA Certificate
1.01%	$500	-	36 Month Roth IRA Certificate
0.85%	$500	-	24 Month IRA Certificate
0.85%	$500	-	24 Month Roth IRA Certificate
0.71%	$500	-	18 Month IRA Certificate
0.71%	$500	-	18 Month Roth IRA Certificate
0.55%	$500	-	12 Month IRA Certificate
0.55%	$500	-	12 Month Roth IRA Certificate
0.50%	$500	-	9 Month IRA Certificate
0.50%	$500	-	9 Month Roth IRA Certificate
0.47%	$500	-	6 Month IRA Certificate
0.47%	$500	-	6 Month Roth IRA Certificate

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

MEMBERS CHOICE
NCUA #	67508
BankRate Report	View
Year Established	1941
Employees	95
Primary Regulator
Assets and Liabilities
Assets	$360.54 million
Loans	$207.82 million
Deposits	$324.40 million
Equity Capital	$30.65 million
Loan Loss Allowance	$3.01 million
Unbacked Noncurrent Loans	$2.14 million
Real Estate Owned	$287,000
Historic Data - September 2010
Assets	$331.89 million
Equity Capital	$28.66 million
Loan Loss Allowance	$2.90 million
Unbacked Noncurrent Loans	$2.75 million
Real Estate Owned	$73,000
Profit Margin - Quarterly
Net Interest Margin	4.39%
Return on Assets	0.14%
Return on Equity	1.69%
Interest Income	$11.28 million
Non-Interest Income	$4.09 million

Institution Health

Overall Score:

5 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 September 30, 2011 Members Choice Credit Union had $2.43 million in non-current loans and owned real-estate with $33.65 million in equity and loan loss allowances on hand to cover it. This gives Members Choice Credit Union a Texas Ratio of 7.22% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Members Choice Credit Union decreased slightly from 8.94% as of September 30, 2010 to 7.22% as of September 30, 2011, resulting in a positive change of 19.19%.This indicates that the balance sheet and financial strength for Members Choice Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Members Choice Credit Union has increased its total deposits by $33.5 million, resulting in 11.51% 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 Members Choice 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. Members Choice Credit Union has $360.54 million in assets with $33.65 million in equity, resulting in a capitalization level of 9.33%, which is average.