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800-444-6327
7812 Edinger Ave
Huntington Beac, CA 92647

NuVision Credit Union is headquartered in Huntington Beac and is the 23rd largest credit union in the state of California. It is also the 150th largest credit union in the nation. It was established in 1935 and as of December of 2013, it had grown to 254 employees and 87,126 members. NuVision Credit Union's money market rates are 25% higher than the national average, and it boasts a A+ health rating.

Field of Membership Restrictions

NuVision Federal Credit Union membership is open to: Any immediate family or household member of a NuVision member Any Southern California or Mesa, AZ Boeing Employee and their immediate family and household members Any Select Employer Group (SEG) employee and their immediate family and household members If you do not qualify based on the above criteria, no problem! You can become a member of the American Consumer Council (Council) as a path to NuVision membership. - See Details

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Update on the $150 Checking Promotion at NuVision Federal in SoCal - Local Only - 10/24/2013

NuVision Federal Credit Union continues to have a $150 checking account promotion. It has been over a year since my last report on this. It’s advertised on the credit union's home page. The details ar ...



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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 NuVision Credit Union had $7.9 million in non-current loans and owned real-estate with $145.04 million in equity and loan loss allowances on hand to cover it. This gives NuVision Credit Union a Texas Ratio of 5.44% 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 NuVision Credit Union experienced no significant changes from 5.30% as of December 31, 2012 to 5.44% as of December 31, 2013, resulting in a negative change of 2.65%. This indicates that the balance sheet and financial strength for NuVision Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, NuVision Credit Union has increased its total deposits by $88.03 million, resulting in 8.61% 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 excellent.

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. NuVision Credit Union has $1.27 billion in assets with $145.04 million in equity, resulting in a capitalization level of 11.38%, which is excellent.

Institution Statistics

Overall
NCUA #566
Year Chartered1935
Employees254
Primary Regulator
Assets and Liabilities
Assets$1.27 billion
Loans$771.47 million
Deposits$1.11 billion
Equity Capital$137.93 million
Loan Loss Allowance$7.11 million
Unbacked Noncurrent Loans$3.32 million
Real Estate Owned$4.57 million
Historic Data - December 2012
Assets$1.20 billion
Equity Capital$125.00 million
Loan Loss Allowance$9.07 million
Unbacked Noncurrent Loans$3.32 million
Real Estate Owned$3.58 million
Profit Margin - Quarterly
Net Interest Margin4.56%
Return on Assets0.68%
Return on Equity6.27%
Interest Income$44.74 million
Rates

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

NuVision Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.40%$100-eSavings Plus Online Account
0.15%$50-IRA Savings - Roth
0.15%$50-IRA Savings - Traditional
0.10%--Primary Savings
0.10%--Holiday Club
0.10%--Business Savings
0.10%--Sub Savings
0.10%--Summer Club

NuVision Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.55%$75k-Money Market Fund (with Business Checking)
0.30%$75k-Money Market Fund

NuVision Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.20%$50k-Interest Checking
0.20%$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 CD Rates

DetailsAPYMINMAXPRODUCT
2.10%$100k-Business 5 Year Jumbo CD
2.05%$50k-Business 5 Year CD
1.85%$100k-5 Year Jumbo CD
1.80%$50k-5 Year CD
1.60%$100k-Business 4 Year Jumbo CD
1.55%$50k-Business 4 Year CD
1.40%$100k-Business 3 Year Jumbo CD
1.35%$50k-Business 3 Year CD
1.35%$100k-4 Year Jumbo CD
1.30%$50k-4 Year CD
1.15%$100k-3 Year Jumbo CD
1.10%$50k-3 Year CD
1.10%$100k-Business 2 Year Jumbo CD
1.05%$50k-Business 2 Year CD
0.90%$100k-Business 1 Year Jumbo CD
0.85%$50k-Business 1 Year CD
0.85%$100k-2 Year Jumbo CD
0.80%$50k-2 Year CD
0.80%$100k-Business 6 Month Jumbo CD
0.75%$50k-Business 6 Month CD
0.65%$100k-1 Year Jumbo CD
0.65%$100k-Business 3 Month Jumbo CD
0.60%$50k-1 Year CD
0.60%$50k-Business 3 Month CD
0.55%$100k-6 Month Jumbo CD
0.50%$50k-6 Month CD
0.40%$100k-3 Month Jumbo CD
0.35%$50k-3 Month CD

NuVision Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.85%$100k-5 Year Jumbo IRA (Traditional,CESA,SEP,Roth)
1.80%$50k-5 Year IRA (Traditional,Roth,SEP)
1.80%$50k-5 Year CESA
1.35%$100k-4 Year Jumbo IRA (Traditional,CESA,SEP,Roth)
1.30%$50k-4 Year IRA (Traditional,Roth,SEP)
1.30%$50k-4 Year CESA
1.15%$100k-3 Year Jumbo IRA (Traditional,CESA,SEP,Roth)
1.10%$50k-3 Year IRA (Traditional,Roth,SEP)
1.10%$50k-3 Year CESA
0.85%$100k-2 Year Jumbo IRA (Traditional,CESA,SEP,Roth)
0.80%$50k-2 Year IRA (Traditional,Roth,SEP)
0.80%$50k-2 Year CESA
0.65%$100k-1 Year Jumbo IRA (Traditional,CESA,SEP,Roth)
0.60%$50k-1 Year IRA (Traditional,Roth,SEP)
0.60%$50k-1 Year CESA
0.55%$100k-6 Month Jumbo IRA (Traditional,CESA,SEP,Roth)
0.50%$50k-6 Month IRA (Traditional,Roth,SEP)
0.50%$50k-6 Month CESA
Locations

NuVision Credit Union has 15 locations. Click to view all NuVision Credit Union locations.