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Overview / Commentary
361-986-4500
2730 Rodd Field Rd
Corpus Christi, TX 78414-3146

Navy Army Community Credit Union is headquartered in Corpus Christi and is the 6th largest credit union in the state of Texas. It is also the 73rd largest credit union in the nation. It was established in 1955 and as of March of 2014, it had grown to 312 employees and 129,151 members. Navy Army Community Credit Union's savings rates are 2X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Navy Army Community Credit Union has a "community" field of membership. This means that all people who live, work, worship and/or go to school in the following counties are eligible for membership: Aransas, Bee, Cameron, Hidalgo, Jim Wells, Kleberg, Nueces, and San Patricio. - See Details

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
A

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 Navy Army Community Credit Union had $19.81 million in non-current loans and owned real-estate with $206.94 million in equity and loan loss allowances on hand to cover it. This gives Navy Army Community Credit Union a Texas Ratio of 9.57% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Navy Army Community Credit Union increased slightly from 4.03% as of March 31, 2013 to 9.57% as of March 31, 2014, resulting in a negative change of 137.37%. This indicates that the balance sheet and financial strength for Navy Army Community Credit Union has declined slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Navy Army Community Credit Union has increased its total deposits by $267.75 million, resulting in 16.62% 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 Navy Army Community Credit Union has shown is excellent.

Capitalization

GRADE:
B

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. Navy Army Community Credit Union has $2.09 billion in assets with $206.94 million in equity, resulting in a capitalization level of 9.91%, which is above average.

Institution Statistics

Overall
NCUA #68615
Year Chartered1955
Employees312
Primary Regulator
Assets and Liabilities
Assets$2.09 billion
Loans$1.71 billion
Deposits$1.88 billion
Equity Capital$193.71 million
Loan Loss Allowance$13.23 million
Unbacked Noncurrent Loans$19.67 million
Real Estate Owned$135,000
Historic Data - March 2013
Assets$1.79 billion
Equity Capital$163.96 million
Loan Loss Allowance$12.37 million
Unbacked Noncurrent Loans$19.67 million
Real Estate Owned$318,000
Profit Margin - Quarterly
Net Interest Margin0.93%
Return on Assets1.52%
Return on Equity16.38%
Interest Income$23.44 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Navy Army Community Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Navy Army Community Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.10%$50-IRA Share Account
1.10%$50-Roth IRA Share Account
1.10%$50-CESA Share Account
0.50%$10k-Home Savings
0.50%$10k-Share Savings

Navy Army Community Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.80%$50k-Money Market Account

Navy Army Community Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
3.51%-$25kLiberty Checking Share Draft - Qualifying

Navy Army Community Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.00%$100k-3 Year Term Share Account
1.50%$100k-2 Year Term Share Account
1.20%$100k-1 Year Term Share Account
0.95%$100k-6 Month Term Share Account
0.70%$100k-3 Month Term Share Account

Navy Army Community Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.75%$100k-2 Year IRA Term Share
1.50%$100k-1 Year IRA Term Share
Locations

Navy Army Community Credit Union has 15 locations. Click to view all Navy Army Community Credit Union locations.