Montgomery County Teachers Credit Union

Montgomery County Teachers Credit Union is headquartered in DERWOOD and is the 11^st largest credit union in the state of Maryland. It is also the 502^nd largest credit union in the nation. It was established in 1950 and as of December of 2011, it had grown to 79 employees and 59,550 members. Montgomery County Teachers Credit Union has a 3-star health rating.

Montgomery County Teachers Credit Union Checking Account Rates

Montgomery County Teachers Credit Union Savings Account Rates

Montgomery County Teachers Credit Union Money Market Rates

Montgomery County Teachers Credit Union CD Rates

Montgomery County Teachers Credit Union IRA Rates

Data for Q4 2011

Institution Statistics MONTGOMERY COUNTY TEACHERS NCUA # 6808 BankRate Report View Year Chartered 1950 Employees 79 Primary Regulator Assets and Liabilities Assets $384.09 million Loans $187.10 million Deposits $362.12 million Equity Capital $16.75 million Loan Loss Allowance $3.80 million Unbacked Noncurrent Loans $4.03 million Historic Data - December 2010 Assets $389.30 million Equity Capital $17.23 million Loan Loss Allowance $4.25 million Unbacked Noncurrent Loans $4.16 million Profit Margin - Quarterly Net Interest Margin 5.68% Return on Assets -0.19% Return on Equity -4.41% Interest Income $14.14 million Non-Interest Income $5.20 million

Institution Health Overall Score: 3 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 Montgomery County Teachers Credit Union had $4.03 million in non-current loans and owned real-estate with $20.56 million in equity and loan loss allowances on hand to cover it. This gives Montgomery County Teachers Credit Union a Texas Ratio of 19.60% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Montgomery County Teachers Credit Union held steady from 19.36% as of December 31, 2010 to 19.60% as of December 31, 2011, resulting in a negative change of 1.23%. This indicates that the balance sheet and financial strength for Montgomery County Teachers Credit Union has held steady in recent periods. Deposit Growth In the past year, Montgomery County Teachers Credit Union has decreased its total deposits by -$6.54 million, resulting in -1.78% 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 Montgomery County Teachers Credit Union has shown is below average. 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. Montgomery County Teachers Credit Union has $384.09 million in assets with $20.56 million in equity, resulting in a capitalization level of 5.35%, which is below average.

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