Nashville Credit Union

Nashville Credit Union is headquartered in Nashville and is the 85^th largest credit union in the state of Georgia. It is also the 4,308^th largest credit union in the nation. It was established in 1972 and as of December of 2011, it had grown to 6 employees and 2,686 members. Nashville Credit Union's CD rates are 23% higher than the national average, and it has a 3-star health rating.

Nashville Credit Union Routing Number: 261287044

Nashville Credit Union CD Rates

Nashville Credit Union IRA Rates

Data for Q4 2011

Institution Statistics NASHVILLE NCUA # 67379 BankRate Report View Year Chartered 1972 Employees 6 Primary Regulator Assets and Liabilities Assets $12.19 million Loans $6.18 million Deposits $10.60 million Equity Capital $1.56 million Loan Loss Allowance $108,000 Unbacked Noncurrent Loans $138,000 Real Estate Owned $175,000 Historic Data - December 2010 Assets $12.65 million Equity Capital $1.56 million Loan Loss Allowance $76,000 Unbacked Noncurrent Loans $173,000 Real Estate Owned $10,000 Profit Margin - Quarterly Net Interest Margin 7.85% Return on Assets 0% Return on Equity 0% Interest Income $573,000 Non-Interest Income $258,000

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 Nashville Credit Union had $313,000 in non-current loans and owned real-estate with $1.67 million in equity and loan loss allowances on hand to cover it. This gives Nashville Credit Union a Texas Ratio of 18.75% 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 Nashville Credit Union increased slightly from 11.19% as of December 31, 2010 to 18.75% as of December 31, 2011, resulting in a negative change of 67.66%. This indicates that the balance sheet and financial strength for Nashville Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Nashville Credit Union has decreased its total deposits by $-466,000, resulting in -4.21% 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 Nashville 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. Nashville Credit Union has $12.19 million in assets with $1.67 million in equity, resulting in a capitalization level of 13.70%, which is excellent.

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