NuVision Credit Union

NuVision Credit Union Locations

7812 Edinger Ave
Huntington Beach, CA 92647
800-444-6327
www.nuvisionfederal.org

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NuVision Credit Union is headquartered in HUNTINGTON BEAC and is the 25^th largest credit union in the state of California. It is also the 147^th largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 254 employees and 76,698 members. NuVision Credit Union has a 4-star health rating.

Related Posts

$150 Checking Account Promotion at NuVision Federal in SoCal - Local Only - 5/25/2012

NuVision Federal Credit Union has another $150 checking account promotion. It has been over two years since my last report on one of these. This new one is listed at the credit unions home page. The d ...

Special CD and Checking Promo at NuVision Federal in SoCal - Local Only - 9/21/2011

NuVision Federal Credit Union is listing another special 10% APY 10-month CD. As you might expect, there's a low maximum deposit ($1,000). Also, it's limited to one per household. Minimum deposit is a ...

Checking and 10-Month CD Promo at NuVision FCU in SoCal - Local Only - 6/12/2010

NuVision Federal Credit Union is listing a special 10% APY 10-month CD. As you might expect, there's a low maximum deposit ($1,000). Also, it's limited to one per household. Minimum is also $1,000. It ...

$150 Checking Account Bonus Continues at NuVision Credit Union in CA - Local Only - 12/13/2009

NuVision FCU has again extended the $150 checking account promotion. The offer is now scheduled to last until 3/30/2010. To receive the full $150 requires the following:$50 bonus for opening the free checking account with a minimum deposit of $100. Also...

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

NuVision Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.30%	$50k	-	Interest Checking
	0.30%	$50k	-	Active Business Checking
	0.05%	$2,500	-	Free Checking
	0.05%	$2,500	-	Basic Business Checking
	0.00%	-	-	Free Business Checking

NuVision Credit Union Savings Account Rates

	Apy	Min	Max	Product
	0.50%	$100	-	eSavings Plus Online Account
	0.15%	$50	-	IRA Savings - Roth
	0.15%	$50	-	IRA Savings - Traditional
	0.10%	-	-	Primary Savings
	0.10%	-	-	Holiday/Summer Club
	0.10%	-	-	Business Savings
	0.10%	-	-	Sub Savings

NuVision Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.60%	$75k	-	Money Market Fund (with Business Checking)
	0.35%	$75k	-	Money Market Fund

NuVision Credit Union CD Rates

	Apy	Min	Max	Product
	1.90%	$100k	-	Business 5 Year CD
	1.70%	$100k	-	Business 4 Year CD
	1.65%	$100k	-	5 Year CD
	1.45%	$100k	-	4 Year CD
	1.40%	$100k	-	Business 3 Year CD
	1.15%	$100k	-	3 Year CD
	1.15%	$100k	-	Business 2 Year CD
	0.90%	$100k	-	2 Year CD
	0.85%	$100k	-	Business 1 Year CD
	0.75%	$100k	-	Business 6 Month CD
	0.70%	$100k	-	Business 3 Month CD
	0.60%	$100k	-	1 Year CD
	0.50%	$100k	-	6 Month CD
	0.45%	$100k	-	3 Month CD

NuVision Credit Union IRA Rates

	Apy	Min	Max	Product
	1.65%	$100k	-	5 Year IRA
	1.65%	$100k	-	5 Year Roth IRA
	1.65%	$100k	-	5 Year CESA
	1.65%	$100k	-	5 Year SEP IRA
	1.45%	$100k	-	4 Year IRA
	1.45%	$100k	-	4 Year Roth IRA
	1.45%	$100k	-	4 Year CESA
	1.45%	$100k	-	4 Year SEP IRA
	1.15%	$100k	-	3 Year IRA
	1.15%	$100k	-	3 Year Roth IRA
	1.15%	$100k	-	3 Year CESA
	1.15%	$100k	-	3 Year SEP IRA
	0.90%	$100k	-	2 Year IRA
	0.90%	$100k	-	2 Year Roth IRA
	0.90%	$100k	-	2 Year CESA
	0.90%	$100k	-	2 Year SEP IRA
	0.60%	$100k	-	1 Year IRA
	0.60%	$100k	-	1 Year Roth IRA
	0.60%	$100k	-	1 Year CESA
	0.60%	$100k	-	1 Year SEP IRA
	0.50%	$100k	-	6 Month IRA
	0.50%	$100k	-	6 Month Roth IRA
	0.50%	$100k	-	6 Month CESA
	0.50%	$100k	-	6 Month SEP IRA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

NUVISION
NCUA #	566
BankRate Report	View
Year Chartered	1935
Employees	254
Primary Regulator
Assets and Liabilities
Assets	$1.16 billion
Loans	$685.99 million
Deposits	$991.93 million
Equity Capital	$115.26 million
Loan Loss Allowance	$13.23 million
Unbacked Noncurrent Loans	$11.23 million
Real Estate Owned	$4.02 million
Historic Data - December 2010
Assets	$1.19 billion
Equity Capital	$113.00 million
Loan Loss Allowance	$12.90 million
Unbacked Noncurrent Loans	$23.90 million
Real Estate Owned	$7.00 million
Profit Margin - Quarterly
Net Interest Margin	5.18%
Return on Assets	0.23%
Return on Equity	2.32%
Interest Income	$47.36 million
Non-Interest Income	$10.45 million

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 NuVision Credit Union had $15.25 million in non-current loans and owned real-estate with $128.49 million in equity and loan loss allowances on hand to cover it. This gives NuVision Credit Union a Texas Ratio of 11.87% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for NuVision Credit Union decreased significantly from 24.54% as of December 31, 2010 to 11.87% as of December 31, 2011, resulting in a positive change of 51.64%.This indicates that the balance sheet and financial strength for NuVision Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, NuVision Credit Union has increased its total deposits by $763,000, resulting in 0.08% 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 NuVision Credit Union has shown is average.
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. NuVision Credit Union has $1.16 billion in assets with $128.49 million in equity, resulting in a capitalization level of 11.05%, which is above average.

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Vote: 0	$50 Checking Account Promotion OfferCheckingCash	View Promo Details »
	Leave a Comment (1) »
	domino007 - September 22, 2011 I am a member of the FCU and can provide the referral form for new membership - let me know if anyone needs it - f4foodie@gmail.com

Vote: 0	$100 for funding a laon OfferOtherCash	View Promo Details »
	Leave a Comment (1) »
	domino007 - September 22, 2011 I am a member of the FCU and can provide the referral form for new membership - let me know if anyone needs it - f4foodie@gmail.com

Vote: 0	$150 Checking Account Promotion OfferCheckingCash	View Promo Details »
	Leave a Comment (2) »
	Anonymous - May 25, 2012 How great you keep finding offers for SoCal, since it's such a tight market. I was able to chat online w/them for some clarification (after waiting close to 10 min. on the phone, which I advised the csr to pass on for improvement, since they fell short on that test.) A) First $50 automatically deposited but on hold 90 days (then debited if promo requirements are not fulfilled). Next two $50 rewards require redeeming with a branch visit after their 90-day fulfillment. B) Opening an acct at a branch is immediate (debit card issued on the spot), needing only valid ID (DL) besides giving personal info (ssn, etc). Applying online is not active til they receive the signature card back - they send it to be signed electronically - plus need copy of ID faxed. C) Chex Systems verification and only soft pull on credit. D) Various branches in Orange County (being based in Huntington Beach), but for L.A. it's mainly Downtown inside the Gas Co. Tower (w/parking$ & accessibility inconvenient) or the branches in Montery Park & East L.A. (stand-alone bldgs in L.A. suburbs.) E) Member bonus $25 per referral. Form available online or in branch. viking - May 25, 2012 Does ACH qualify as direct deposit (payroll is difficult for self-employed)?