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Overview / Commentary
526 S State St
Ukiah, CA 95482

Mendo Lake Credit Union is headquartered in Ukiah and is the 117st largest credit union in the state of California. It is also the 1,022nd largest credit union in the nation. It was established in 1959 and as of March of 2014, it had grown to 60 employees and 25,349 members. Mendo Lake Credit Union has a A health rating.

Field of Membership Restrictions

Must live or work in Mendocino or Lake County. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


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 Mendo Lake Credit Union had $1.03 million in non-current loans and owned real-estate with $15.9 million in equity and loan loss allowances on hand to cover it. This gives Mendo Lake Credit Union a Texas Ratio of 6.48% 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 Mendo Lake Credit Union experienced no significant changes from 5.73% as of March 31, 2013 to 6.48% as of March 31, 2014, resulting in a negative change of 13.15%. This indicates that the balance sheet and financial strength for Mendo Lake Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Mendo Lake Credit Union has increased its total deposits by $41.24 million, resulting in 34.43% 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 Mendo Lake Credit Union has shown is excellent.



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. Mendo Lake Credit Union has $177.93 million in assets with $15.9 million in equity, resulting in a capitalization level of 8.94%, which is average.

Institution Statistics

NCUA #61667
Year Chartered1959
Primary Regulator
Assets and Liabilities
Assets$177.93 million
Loans$102.72 million
Deposits$161.05 million
Equity Capital$15.11 million
Loan Loss Allowance$789,000
Unbacked Noncurrent Loans$1.03 million
Real Estate Owned$0
Historic Data - March 2013
Assets$134.02 million
Equity Capital$12.10 million
Loan Loss Allowance$880,000
Unbacked Noncurrent Loans$1.03 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.46%
Return on Assets0.5%
Return on Equity5.93%
Interest Income$1.66 million

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Mendo Lake Credit Union Savings Account Rates

0.05%$300-Regular Share Savings
0.05%$300-Regular IRA Savings
0.05%$300-Regular Roth IRA Savings
0.05%$300-Regular SEP IRA Savings

Mendo Lake Credit Union Money Market Rates

0.15%$100k-Tiered Money Market Savings
0.15%$100k-IRA Money Market Savings
0.15%$100k-Roth IRA Money Market Savings
0.15%$100k-SEP IRA Money Market Savings

Mendo Lake Credit Union Checking Account Rates

0.01%--Interest Checking Account

Mendo Lake Credit Union CD Rates

0.50%$1k-4 Year Time Certificate
0.25%$1k-3 Year Time Certificate
0.10%$1k-2 Year Time Certificate
0.10%--18 Month Bump-Up Certificate
0.10%--18 Month Add-On Certificate
0.05%$2,500-6 Month Time Certificate
0.05%$1k-1 Year Time Certificate

Mendo Lake Credit Union IRA Rates

0.50%$1k-4 Year IRA Certificate
0.25%$1k-3 Year IRA Certificate
0.10%$1k-2 Year IRA Certificate
0.05%$2,500-6 Month IRA Certificate
0.05%$1k-1 Year IRA Certificate

Mendo Lake Credit Union Locations
Branch Office526 S State StUkiah, CA 95482
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