North Hollywood Credit Union

North Hollywood Credit Union Locations
P.O. Box 41
North Hollywood, CA 91603
www.northhollywoodfcu.org



North Hollywood Credit Union is headquartered in NORTH HOLLYWOOD and is the 375th largest credit union in the state of California. It is also the 5,599th largest credit union in the nation. It was established in 1949 and as of December of 2011, it had grown to 2 employees and 1,017 members. North Hollywood Credit Union has a 3-star health rating.



See Rates for: Savings | Money Market | CD | IRA

North Hollywood Credit Union Savings Account Rates

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0.15%--Holiday Club Account
0.10%$100-Regular Share Account
0.10%$50-Kids Club Account (ages newborn to 16 )
0.10%$100-Next Generation Account (ages 17 to 21)

North Hollywood Credit Union Money Market Rates

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0.45%$25k-Money Market Account

North Hollywood Credit Union CD Rates

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0.80%$1k-24 Month CD
0.50%$250-12 Month Certificate Builder
0.50%$1k-12 Month CD
0.40%$1k-6 Month CD

North Hollywood Credit Union IRA Rates

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1.05%$10k-12 Month IRA
1.05%$10k-24 Month IRA
1.05%$10k-12 Month Roth IRA
1.05%$10k-24 Month Roth IRA
1.05%$10k-12 Month CESA
1.05%$10k-24 Month CESA

Rates updated: 5/26/2012

Data for Q4 2011


Institution Statistics


NORTH HOLLYWOOD
NCUA #6061
BankRate ReportView
Year Chartered1949
Employees2
Primary Regulator

Assets and Liabilities

Assets$4.70 million
Loans$1.94 million
Deposits$4.32 million
Equity Capital$362,000
Loan Loss Allowance$36,000
Unbacked Noncurrent Loans$83,000

Historic Data - December 2010

Assets$5.13 million
Equity Capital$379,000
Loan Loss Allowance$44,000
Unbacked Noncurrent Loans$154,000

Profit Margin - Quarterly

Net Interest Margin7.33%
Return on Assets-0.36%
Return on Equity-4.7%
Interest Income$205,000
Non-Interest Income$42,000

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio3
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 North Hollywood Credit Union had $83,000 in non-current loans and owned real-estate with $398,000 in equity and loan loss allowances on hand to cover it. This gives North Hollywood Credit Union a Texas Ratio of 20.85% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for North Hollywood Credit Union decreased significantly from 36.41% as of December 31, 2010 to 20.85% as of December 31, 2011, resulting in a positive change of 42.72%.This indicates that the balance sheet and financial strength for North Hollywood Credit Union has improved significantly in recent periods.
Deposit Growth1
In the past year, North Hollywood Credit Union has decreased its total deposits by $-416,000, resulting in -8.78% 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 North Hollywood Credit Union has shown is poor.
Capitalization3
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. North Hollywood Credit Union has $4.7 million in assets with $398,000 in equity, resulting in a capitalization level of 8.47%, which is average.
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