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Overview / Commentary
314-892-5400
6300 S Lindbergh Blvd
Saint Louis, MO 63123

Neighbors Credit Union is headquartered in Saint Louis and is the 6th largest credit union in the state of Missouri. It is also the 690th largest credit union in the nation. It was established in 1928 and as of December of 2013, it had grown to 121 employees and 40,266 members. Neighbors Credit Union's savings rates are 44% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Eligible members must live or work OR have relatives who live or work in certain cities in Missouri or Illinois. - See Details

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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, 2013 Neighbors Credit Union had $1.87 million in non-current loans and owned real-estate with $44.28 million in equity and loan loss allowances on hand to cover it. This gives Neighbors Credit Union a Texas Ratio of 4.23% 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 Neighbors Credit Union experienced no significant changes from 2.40% as of December 31, 2012 to 4.23% as of December 31, 2013, resulting in a negative change of 75.93%. This indicates that the balance sheet and financial strength for Neighbors Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Neighbors Credit Union has increased its total deposits by $5.11 million, resulting in 2.17% 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 Neighbors Credit Union has shown is above average.

Capitalization

GRADE:
A+

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. Neighbors Credit Union has $293.77 million in assets with $44.28 million in equity, resulting in a capitalization level of 15.07%, which is excellent.

Institution Statistics

Overall
NCUA #62905
Year Chartered1928
Employees121
Primary Regulator
Assets and Liabilities
Assets$293.77 million
Loans$159.02 million
Deposits$240.87 million
Equity Capital$42.29 million
Loan Loss Allowance$1.99 million
Unbacked Noncurrent Loans$1.76 million
Real Estate Owned$113,000
Historic Data - December 2012
Assets$288.82 million
Equity Capital$44.15 million
Loan Loss Allowance$1.91 million
Unbacked Noncurrent Loans$1.76 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.65%
Return on Assets0.77%
Return on Equity5.38%
Interest Income$10.68 million
Rates

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

Neighbors Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.75%$100k-IRA Savings
0.75%$100k-Roth IRA Savings
0.75%$100k-CESA Savings
0.25%--Camp Cash Club
0.15%$101-Regular Share Savings
0.15%--Christmas Club
0.15%--Y.E.S. Club
0.10%$101-Escrow Savings
0.05%--Visa Share Savings

Neighbors Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.45%$150k-Money Market Account
0.45%$150k-Business Money Market

Neighbors Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
1.00%-$25kMyGreen Elite Checking
0.75%-$10kMyGreen Active Checking
0.50%-$10kEasy Green Checking
0.30%$2,500-High Interest Checking
0.15%--Benefits Plus Checking
0.15%--MyGreen Elite Checking
0.00%--Business Checking

Neighbors Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.55%$1k-84 Month CD
1.30%$1k-60 Month CD
1.05%$1k-48 Month CD
0.90%$20k-60 Month Bump Rate CD
0.85%$1k-36 Month CD
0.85%$10k-48 Month Bump Rate CD
0.60%$1k-24 Month CD
0.50%$100-Money Zone Investment Builder CD
0.50%$100-Cash Stash Investment Builder CD
0.40%$1k-12 Month CD
0.36%$100-12 Month w/direct deposit Investment Builder CD
0.25%$1k-6 Month CD
0.16%$100-12 Month w/o direct deposit Investment Builder CD

Neighbors Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.65%$1k-84 Month IRA (Traditional,Roth,CESA)
1.40%$1k-60 Month IRA (Traditional,Roth,CESA)
1.15%$1k-48 Month IRA (Traditional,Roth,CESA)
0.95%$1k-36 Month IRA (Traditional,Roth,CESA)
0.70%$1k-24 Month IRA (Traditional,Roth,CESA)
0.50%$1k-12 Month IRA (Traditional,Roth,CESA)
Locations


Neighbors Credit Union Locations
Branch Office1720 Market St Rm 1001Saint Louis, MO 63166-4001
Branch Office355 Howdershell RdFlorissant, MO 63031-6315
Branch Office4745 Mexico RdSaint Peters, MO 63376-2461
Branch Office5800 Phantom Dr Rm 116Hazelwood, MO 63042-2411
Branch Office8935 Jennings Station RoadJennings, MO 63136
Branch Office612 Gravois RdFenton, MO 63026-4137
Branch Office11899 New Halls Ferry RdFlorissant, MO 63033-6926
Branch Office6300 S Lindbergh BlvdSaint Louis, MO 631237804