Nucor Employees Credit Union (AL)
PO Box 680169
Fort Payne, AL 35968
|
|
Nucor Employees Credit Union (AL) is headquartered in FORT PAYNE and is the 107th largest credit union in the state of Alabama. It is also the 5,898th largest credit union in the nation. It was established in 1963 and as of December of 2011, it had grown to 1 employees and 450 members. Nucor Employees Credit Union (AL) has a 4-star health rating.
Data for Q4 2011
Institution Statistics
| NUCOR EMPLOYEES | | NCUA # | 15752 | | BankRate Report | View | | Year Chartered | 1963 | | Employees | 1 | | Primary Regulator | |
Assets and Liabilities | | Assets | $3.48 million | | Loans | $880,000 | | Deposits | $2.79 million | | Equity Capital | $692,000 | | Loan Loss Allowance | $30,000 |
Historic Data - December 2010 | | Assets | $3.71 million | | Equity Capital | $745,000 | | Loan Loss Allowance | $7,000 | | Unbacked Noncurrent Loans | $18,000 |
Profit Margin - Quarterly | | Net Interest Margin | 7.79% | | Return on Assets | -1.49% | | Return on Equity | -7.51% | | Interest Income | $91,000 | | Non-Interest Income | $1,000 |
|
|
Institution Health
Overall Score:
4 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 Nucor Employees Credit Union (AL) had $0 in non-current loans and owned real-estate with $722,000 in equity and loan loss allowances on hand to cover it. This gives Nucor Employees Credit Union (AL) a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Nucor Employees Credit Union (AL) has decreased its total deposits by $-169,000, resulting in -5.72% 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 Nucor Employees Credit Union (AL) has shown is poor. | | 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. Nucor Employees Credit Union (AL) has $3.48 million in assets with $722,000 in equity, resulting in a capitalization level of 20.72%, which is excellent. |
|
No reviews have been left for this bank yet. Be the first to review.
