Ocean Crest Credit Union

Ocean Crest Credit Union is headquartered in Signal Hill and is the 244^th largest credit union in the state of California. It is also the 2,735^th largest credit union in the nation. It was established in 1953 and as of December of 2011, it had grown to 8 employees and 4,202 members. Ocean Crest Credit Union has a 5-star health rating.

Ocean Crest Credit Union Routing Number: 322276813

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Ocean Crest Credit Union CD Rates

Data for Q4 2011

Institution Statistics OCEAN CREST NCUA # 24809 BankRate Report View Year Chartered 1953 Employees 8 Primary Regulator Assets and Liabilities Assets $34.60 million Loans $15.72 million Deposits $31.37 million Equity Capital $3.18 million Loan Loss Allowance $196,000 Unbacked Noncurrent Loans $71,000 Historic Data - December 2010 Assets $34.65 million Equity Capital $3.13 million Loan Loss Allowance $396,000 Unbacked Noncurrent Loans $221,000 Profit Margin - Quarterly Net Interest Margin 7.34% Return on Assets 0.14% Return on Equity 1.57% Interest Income $1.53 million Non-Interest Income $151,000

Institution Health Overall Score: 5 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 Ocean Crest Credit Union had $71,000 in non-current loans and owned real-estate with $3.38 million in equity and loan loss allowances on hand to cover it. This gives Ocean Crest Credit Union a Texas Ratio of 2.10% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Ocean Crest Credit Union decreased significantly from 6.26% as of December 31, 2010 to 2.10% as of December 31, 2011, resulting in a positive change of 66.46%.This indicates that the balance sheet and financial strength for Ocean Crest Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Ocean Crest Credit Union has decreased its total deposits by $-85,000, resulting in -0.27% 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 Ocean Crest 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. Ocean Crest Credit Union has $34.6 million in assets with $3.38 million in equity, resulting in a capitalization level of 9.77%, which is average.

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