NavyArmy Federal Credit Union

NavyArmy Federal Credit Union is headquartered in Corpus Christi and is the 11^st largest credit union in the state of Texas. It is also the 136^th largest credit union in the nation. It was established in 1955 and as of September of 2011, it had grown to 259 employees and 89,157 members. NavyArmy Federal Credit Union's money market rates are 2X the national average, and it boasts a 5-star health rating.

Related Posts

2010

• 6/21 - Top CD, Money Market and Reward Checking Rates at NavyArmy FCU in TX - Local Only
• 2/17 - CD Deals Continue at Navy Army FCU in Corpus Christi Texas - Local Only (Forum)

2009

• 12/16 - 2.55% 24-Month CD & 2.10% 12-Month CD at Navy Army FCU in Texas - Local Only
• 6/28 - High-Yield Reward Checking Account at NavyArmy Federal Credit Union in Texas - Local Only
• 5/19 - 2.60% 12-Month CD & Other Competitive Rates at NavyArmy FCU in Texas - Local Only
• 3/12 - 2.70% 9-Month CD & 3.15% 24-Month CD at NavyArmy FCU in Texas

2008

• 12/11 - CD Rates from 3.85% for 3-mo Term to 4.20% for 24-mo Term at NavyArmy FCU in Texas
• 3/20 - 3.92% 12-Month / 4.07% 24-Month CD at a Texas CU (NavyArmy)

NavyArmy Federal Credit Union Checking Account Rates

NavyArmy Federal Credit Union Savings Account Rates

NavyArmy Federal Credit Union Money Market Rates

NavyArmy Federal Credit Union CD Rates

NavyArmy Federal Credit Union IRA Rates

Data for Q3 2011

Institution Statistics NAVY ARMY NCUA # 9998 BankRate Report View Year Established 1955 Employees 259 Primary Regulator Assets and Liabilities Assets $1.25 billion Loans $1.06 billion Deposits $1.12 billion Equity Capital $119.55 million Loan Loss Allowance $7.92 million Unbacked Noncurrent Loans $3.86 million Historic Data - September 2010 Assets $1.08 billion Equity Capital $94.01 million Loan Loss Allowance $6.87 million Unbacked Noncurrent Loans $4.84 million Profit Margin - Quarterly Net Interest Margin 3.1% Return on Assets 2.19% Return on Equity 22.82% Interest Income $46.21 million Non-Interest Income $15.11 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 September 30, 2011 NavyArmy Federal Credit Union had $3.86 million in non-current loans and owned real-estate with $127.47 million in equity and loan loss allowances on hand to cover it. This gives NavyArmy Federal Credit Union a Texas Ratio of 3.03% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for NavyArmy Federal Credit Union decreased slightly from 4.80% as of September 30, 2010 to 3.03% as of September 30, 2011, resulting in a positive change of 36.93%.This indicates that the balance sheet and financial strength for NavyArmy Federal Credit Union has improved slightly in recent periods. Deposit Growth In the past year, NavyArmy Federal Credit Union has increased its total deposits by $140.55 million, resulting in 14.34% 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 NavyArmy Federal 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. NavyArmy Federal Credit Union has $1.25 billion in assets with $127.47 million in equity, resulting in a capitalization level of 10.23%, which is above average.

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