Mission Credit Union

5785 Oberlin Drive
San Diego, CA 92121
800.500.6328
www.missionfcu.org

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Mission Credit Union is headquartered in San Diego and is the 10^st largest credit union in the state of California. It is also the 52^nd largest credit union in the nation. It was established in 1961 and as of December of 2011, it had grown to 366 employees and 153,708 members. Mission Credit Union has a 5-star health rating.

2.50% 5-Year Jumbo CD & IRA CD At Mission Federal Credit Union In San Diego (Forum) - 10/25/2010

It's hard to find high CD rates anywhere, but it's even tougher in California. For those in San Diego, Mission FCU has fairly competitive rates for its 5-year CD and IRA CD: As of 10/25/2010: 2.50% APY 5-year, min $100K 2.45% APY 5-year, min $10K 2.4

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

Mission Credit Union Checking Account Rates

Apy	Min	Max	Product
0.05%	$500	-	Value Checking
0.05%	$10k	-	Business Dividend Checking
0.05%	$10k	-	Business Expanded Checking

Mission Credit Union Savings Account Rates

Apy	Min	Max	Product
0.50%	-	-	Summer Club Savings w/ Direct Deposit
0.50%	-	-	Holiday Saver w/ Direct Deposit
0.25%	-	-	Summer Club Savings w/o Direct Deposit
0.25%	-	-	Holiday Saver w/o Direct Deposit
0.10%	-	-	Savings Account
0.10%	-	-	IRA Savings
0.10%	-	-	Roth IRA Savings
0.10%	-	-	SEP IRA Savings
0.10%	-	-	Coverdell Education Savings
0.10%	-	-	Business Savings Account

Mission Credit Union Money Market Rates

Apy	Min	Max	Product
0.20%	$25k	-	Money Market Account
0.20%	$25k	-	Business Money Market Account

Mission Credit Union CD Rates

Apy	Min	Max	Product
1.50%	$10k	-	60 Month CD
1.50%	$10k	-	Business 60 Month CD
1.20%	$10k	-	48 Month CD
1.20%	$10k	-	Business 48 Month CD
0.90%	$10k	-	36 Month CD
0.90%	$10k	-	Business 36 Month CD
0.70%	$10k	-	24 Month CD
0.70%	$10k	-	Business 24 Month CD
0.50%	$10k	-	18 Month CD
0.40%	$10k	-	12 Month CD
0.40%	$10k	-	Business 12 Month CD
0.30%	$10k	-	6 Month CD
0.30%	$10k	-	Business 6 Month CD
0.20%	$10k	-	3 Month CD
0.20%	$10k	-	Business 3 Month CD

Mission Credit Union IRA Rates

Apy	Min	Max	Product
1.50%	$10k	-	60 Month IRA
1.50%	$10k	-	60 Month Roth IRA
1.50%	$10k	-	60 Month CESA
1.50%	$10k	-	60 Month SEP IRA
1.20%	$10k	-	48 Month IRA
1.20%	$10k	-	48 Month Roth IRA
1.20%	$10k	-	48 Month CESA
1.20%	$10k	-	48 Month SEP IRA
0.90%	$10k	-	36 Month IRA
0.90%	$10k	-	36 Month Roth IRA
0.90%	$10k	-	36 Month CESA
0.90%	$10k	-	36 Month SEP IRA
0.70%	$10k	-	24 Month IRA
0.70%	$10k	-	24 Month Roth IRA
0.70%	$10k	-	24 Month CESA
0.70%	$10k	-	24 Month SEP IRA
0.50%	$10k	-	18 Month IRA
0.50%	$10k	-	18 Month Roth IRA
0.50%	$10k	-	18 Month CESA
0.50%	$10k	-	18 Month SEP IRA
0.40%	$10k	-	12 Month IRA
0.40%	$10k	-	12 Month Roth IRA
0.40%	$10k	-	12 Month CESA
0.40%	$10k	-	12 Month SEP IRA
0.30%	$10k	-	6 Month IRA
0.30%	$10k	-	6 Month Roth IRA
0.30%	$10k	-	6 Month CESA
0.30%	$10k	-	6 Month SEP IRA
0.20%	$10k	-	3 Month IRA
0.20%	$10k	-	3 Month Roth IRA
0.20%	$10k	-	3 Month CESA
0.20%	$10k	-	3 Month SEP IRA

Rates updated: 5/26/2012

Data for Q4 2011

Institution Statistics

MISSION
NCUA #	14384
BankRate Report	View
Year Chartered	1961
Employees	366
Primary Regulator
Assets and Liabilities
Assets	$2.17 billion
Loans	$1.20 billion
Deposits	$1.87 billion
Equity Capital	$224.15 million
Loan Loss Allowance	$31.65 million
Unbacked Noncurrent Loans	$15.78 million
Real Estate Owned	$6.59 million
Historic Data - December 2010
Assets	$2.04 billion
Equity Capital	$200.87 million
Loan Loss Allowance	$35.92 million
Unbacked Noncurrent Loans	$23.87 million
Real Estate Owned	$5.57 million
Profit Margin - Quarterly
Net Interest Margin	5.19%
Return on Assets	1%
Return on Equity	9.7%
Interest Income	$79.47 million
Non-Interest Income	$31.94 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 December 31, 2011 Mission Credit Union had $22.37 million in non-current loans and owned real-estate with $255.8 million in equity and loan loss allowances on hand to cover it. This gives Mission Credit Union a Texas Ratio of 8.75% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Mission Credit Union decreased slightly from 12.43% as of December 31, 2010 to 8.75% as of December 31, 2011, resulting in a positive change of 29.64%.This indicates that the balance sheet and financial strength for Mission Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Mission Credit Union has increased its total deposits by $127.96 million, resulting in 7.33% 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 Mission 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. Mission Credit Union has $2.17 billion in assets with $255.8 million in equity, resulting in a capitalization level of 11.76%, which is above average.