Mission Federal Credit Union

Mission Federal Credit Union Locations
5785 Oberlin Drive
San Diego, CA 92121--374
800.500.6328
www.missionfcu.org

NCUA

Mission Federal Credit Union is headquartered in San Diego and is the 10st largest credit union in the state of California. It is also the 57th largest credit union in the nation. It was established in 1961 and as of December of 2012, it had grown to 372 employees and 161,679 members. Mission Federal Credit Union has a 5-star health rating.

Related Posts

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



Report an Issue
See Rates for: Checking | Savings | Money Market | CD | IRA

Mission Federal Credit Union Checking Account Rates

ApyMinMaxProduct
0.05%$500-Value Checking
0.05%$10k-Business Dividend Checking
0.05%$10k-Business Expanded Checking

Mission Federal Credit Union Savings Account Rates

ApyMinMaxProduct
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 Federal Credit Union Money Market Rates

ApyMinMaxProduct
0.15%$2,500-Money Market Account
0.15%$2,500-Business Money Market Account

Mission Federal Credit Union CD Rates

ApyMinMaxProduct
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 Federal Credit Union IRA Rates

ApyMinMaxProduct
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: 5/22/2013

Data for Q4 2012


Institution Statistics


MISSION
NCUA #14384
BankRate ReportView
Year Chartered1961
Employees372
Primary Regulator

Assets and Liabilities

Assets$2.31 billion
Loans$1.22 billion
Deposits$2.02 billion
Equity Capital$256.72 million
Loan Loss Allowance$23.64 million
Unbacked Noncurrent Loans$8.31 million
Real Estate Owned$538,000

Historic Data - December 2011

Assets$2.17 billion
Equity Capital$224.15 million
Loan Loss Allowance$31.65 million
Unbacked Noncurrent Loans$15.78 million
Real Estate Owned$6.59 million

Profit Margin - Quarterly

Net Interest Margin4.79%
Return on Assets1.16%
Return on Equity10.38%
Interest Income$72.85 million
Non-Interest Income$39.38 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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, 2012 Mission Federal Credit Union had $8.85 million in non-current loans and owned real-estate with $280.36 million in equity and loan loss allowances on hand to cover it. This gives Mission Federal Credit Union a Texas Ratio of 3.16% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Mission Federal Credit Union decreased significantly from 8.75% as of December 31, 2011 to 3.16% as of December 31, 2012, resulting in a positive change of 63.91%.This indicates that the balance sheet and financial strength for Mission Federal Credit Union has improved significantly in recent periods.
Deposit Growth5
In the past year, Mission Federal Credit Union has increased its total deposits by $149.08 million, resulting in 7.96% 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 Federal Credit Union has shown is excellent.
Capitalization5
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 Federal Credit Union has $2.31 billion in assets with $280.36 million in equity, resulting in a capitalization level of 12.16%, which is excellent.
Write Review

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


 
Nationwide Savings Accounts
Featured Accounts