Oakdale Credit Union is headquartered in Tomah and is the 64th largest credit union in the state of Wisconsin. It is also the 2,115st largest credit union in the nation. It was established in 1953 and as of March of 2014, it had grown to 22 employees and 10,344 members. Oakdale Credit Union has a C+ health rating.
Must be a patron, member or employee of the Oakdale Electric Co-operative. Also open to those who live or work in Adams, Columbia, Jackson, Juneau, Monroe, Richland, Sauk, Vernon or Wood County. - See Details
I’ve had the Oakdale credit union as a bank for 6 months’ and they haven’t done a thing for me. They won’t give me a lone for $200 when I make $350 a week they say my credits bad which I thought that is what they were there for. They also won’t help me with my credit every time I ask for help they tell me to pay my bills on time and that’s it. My sister goes to wccu and they do secured loans and all kinds of things for her to help her credit she started out worse than me and has gotten it up enough to get an $8000 lone for a car through them. I’m going to changed banks as soon as I get paid this week.
The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Oakdale Credit Union had $1.07 million in non-current loans and owned real-estate with $4.49 million in equity and loan loss allowances on hand to cover it. This gives Oakdale Credit Union a Texas Ratio of 23.88% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Oakdale Credit Union experienced no significant changes from 20.70% as of March 31, 2013 to 23.88% as of March 31, 2014, resulting in a negative change of 15.35%. This indicates that the balance sheet and financial strength for Oakdale Credit Union has had no significant changes in recent periods.
In the past year, Oakdale Credit Union has increased its total deposits by $2.78 million, resulting in 5.33% 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 Oakdale Credit Union has shown is excellent.
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. Oakdale Credit Union has $59.35 million in assets with $4.49 million in equity, resulting in a capitalization level of 7.56%, which is below average.
|Assets and Liabilities|
|Equity Capital||$4.17 million|
|Loan Loss Allowance||$320,000|
|Unbacked Noncurrent Loans||$745,000|
|Real Estate Owned||$327,000|
|Historic Data - March 2013|
|Equity Capital||$4.15 million|
|Loan Loss Allowance||$341,000|
|Unbacked Noncurrent Loans||$745,000|
|Real Estate Owned||$54,000|
|Profit Margin - Quarterly|
|Net Interest Margin||1.02%|
|Return on Assets||-0.07%|
|Return on Equity||-0.96%|
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|0.15%||-||-||Share Roth IRA|
|0.15%||-||-||Share Educational IRA|
|0.07%||$25||-||Share Passbook Savings|
|0.07%||$25||-||Health Savings Account (HSA)|
|0.10%||$2,500||-||First Insured Share Draft|
|0.70%||$250||-||42 Month Share CD|
|0.60%||$500||-||36 Month Share CD|
|0.50%||$250||-||30 Month Share CD|
|0.40%||$250||-||18 Month Share CD|
|0.40%||$250||-||24 Month Share CD|
|0.35%||$250||-||15 Month Share CD|
|0.25%||$250||-||9 Month Share CD|
|0.25%||$250||-||12 Month Share CD|
|0.15%||$250||-||6 Month Share CD|
|0.10%||$250||-||1 Month Share CD|
|0.10%||$250||-||3 Month Share CD|
|0.40%||$250||-||24 Month Share IRA|
|0.25%||$250||-||12 Month Share IRA|
|Oakdale Credit Union Locations|
|Branch Office||1643 E Main St||Reedsburg, WI 53959|
|Branch Office||904 W State St||Mauston, WI 53948|
|Branch Office||128 E Badger Dr||Tomah, WI 54660|