1 star ratingAverage User Rating:
1 star rating based on 1 review.

O Bee Credit Union

O Bee Credit Union Locations
3900 Cleveland Ave
Tumwater, WA 98501
(360) 943-0757
www.obee.com

NCUA


O Bee Credit Union is headquartered in TUMWATER and is the 33rd largest credit union in the state of Washington. It is also the 1,037th largest credit union in the nation. It was established in 1955 and as of December of 2012, it had grown to 50 employees and 17,140 members. O Bee Credit Union's savings rates are 3X the national average, and it boasts a 5-star health rating.

O Bee Credit Union Routing Number: 325180977

Related Posts

25-Month CD Special In Washington State (Forum) - 2/16/2013

It's not a hot deal, but it may interest some savers. O Bee Credit Union is offering a President's 10-Day Special: 1.00% APY 25-month share certificate $500 minimum deposit Rate is valid 02/15/2013 through 02/25/2013 Must live or work in Washington S

2.15% 15-Month CD at O Bee Credit Union in Washington State - Local Only - 11/8/2009

O Bee Credit Union continues to offer a competitive 15-month CD special. The rate is now 2.15% APY which is down from last month when it was 2.50% APY. Minimum deposit is $500. It's also available in an IRA. The special is listed in the credit union's...

2.50% 15-Month CD at O Bee Credit Union in Washington State - Local Only - 10/8/2009

O Bee Credit Union is offering a special 15-month certificate with a 2.50% APY. Minimum deposit is $500. It's also available in an IRA. The special is listed in the credit union's rates page as of 10/08/09.The credit union's savings account has a 7.52%...

5.04% 37-Month / 4.61% 13-Month CD at O Bee Credit Union in Washington State - 10/8/2008

O Bee Credit Union is offering some high rate certificate specials. The yields include a 5.04% APY for 37 months, 4.75% APY for 25 months and 4.61% APY for 13 months. The minimum deposit is $500. These are available as either a regular or IRA...



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

O Bee Credit Union Checking Account Rates

ApyMinMaxProduct
0.00%--Checking Account

O Bee Credit Union Savings Account Rates

ApyMinMaxProduct
7.52%-$500Savings Account - Qualifying
1.51%$500-5 Year HSA
1.31%$500-4 Year HSA
1.00%$500-3 Year HSA
0.70%$500-2 Year HSA
0.60%$500-16 Month HSA Special
0.40%$500-1 Year HSA
0.15%$500-7 - 29 Day HSA
0.15%$500-90 - 179 Day HSA
0.15%$500-6 Month HSA
0.10%-$500Savings Account - Non Qualifying
0.10%--IRA Savings Account
0.10%--Health Savings Account
0.10%--Roth IRA Savings Account

O Bee Credit Union Money Market Rates

ApyMinMaxProduct
0.30%$10k-Money Market Account

O Bee Credit Union CD Rates

ApyMinMaxProduct
1.51%$500-5 Year CD
1.31%$500-4 Year CD
1.00%$500-3 Year CD
0.70%$500-2 Year CD
0.60%$500-16 Month CD Special
0.40%$500-1 Year CD
0.25%$25-1 Year Save to Win CD
0.15%$500-7 - 29 Day CD
0.15%$500-90 - 179 Day CD
0.15%$500-6 Month CD

O Bee Credit Union IRA Rates

ApyMinMaxProduct
1.51%$500-5 Year IRA
1.51%$500-5 Year Roth IRA
1.31%$500-4 Year IRA
1.31%$500-4 Year Roth IRA
1.00%$500-3 Year IRA
1.00%$500-3 Year Roth IRA
0.70%$500-2 Year IRA
0.70%$500-2 Year Roth IRA
0.60%$500-16 Month IRA Special
0.60%$500-16 Month Roth IRA Special
0.40%$500-1 Year IRA
0.40%$500-1 Year Roth IRA
0.15%$500-7 - 29 Day IRA
0.15%$500-90 - 179 Day IRA
0.15%$500-6 Month IRA
0.15%$500-7 - 29 Day Roth IRA
0.15%$500-90 - 179 Day Roth IRA
0.15%$500-6 Month Roth IRA

Rates updated: 5/18/2013

Data for Q4 2012


Institution Statistics


O BEE
NCUA #60059
BankRate ReportView
Year Chartered1955
Employees50
Primary Regulator

Assets and Liabilities

Assets$162.23 million
Loans$135.85 million
Deposits$143.44 million
Equity Capital$13.72 million
Loan Loss Allowance$1.19 million
Unbacked Noncurrent Loans$438,000
Real Estate Owned$263,000

Historic Data - December 2011

Assets$150.11 million
Equity Capital$12.88 million
Loan Loss Allowance$1.13 million
Unbacked Noncurrent Loans$706,000
Real Estate Owned$464,000

Profit Margin - Quarterly

Net Interest Margin5.17%
Return on Assets0.52%
Return on Equity6.18%
Interest Income$7.31 million
Non-Interest Income$3.10 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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, 2012 O Bee Credit Union had $701,000 in non-current loans and owned real-estate with $14.91 million in equity and loan loss allowances on hand to cover it. This gives O Bee Credit Union a Texas Ratio of 4.70% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for O Bee Credit Union decreased significantly from 8.36% as of December 31, 2011 to 4.70% as of December 31, 2012, resulting in a positive change of 43.74%.This indicates that the balance sheet and financial strength for O Bee Credit Union has improved significantly in recent periods.
Deposit Growth5
In the past year, O Bee Credit Union has increased its total deposits by $10.35 million, resulting in 7.78% 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 O Bee Credit Union has shown is excellent.
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. O Bee Credit Union has $162.23 million in assets with $14.91 million in equity, resulting in a capitalization level of 9.19%, which is average.
Write Review

They Will Hold Your Money At Whim Without Reason.
1 stars - justme123 - Saturday, November 24, 2012 - 6:00 PM

Obee for no other reason than, "Because we can." put a hold on my account without contacting me. I was away from home and my debit card declined, at first thinking, OMG. I have been hit by a spammer since I had well over a grand in my account, and I discovered my acount only had $0.72!! Nope instead they put a hold on my PAYCHECK!! Why? Did I have overdrafts??? No. never. Did I bounce checks?? No. Never..Did I owe them money?? No. Never, Did I default on loans?? No. Never. I called them and they simply told me that they put a hold on my paycheck because federally they can. Nice huh? So I needed gas to get home, my daughter was at home, did they care? No, not really. This was on a Saturday and they said they would send and "urgent" message for someone to get back to me on MONDAY. They basically told me I needed to sleep on the street until Monday. They would not lift the hold, not even on part of my check so I could get home safely. I caught them in 3 different lies in that phone conversation. Long story short, I am lucky to be alive because I had to hitchhike home. (Nope they wouldn't call a cab for me.) Nice...they put a woman in that kind of danger with the attitude of "Oh well." Try banking at Oly credit union. They don't put holds on paychecks just for the sake of a power trip.

3