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800-562-8420
944 E State St
Athens, OH 45701

Ohio University Credit Union is headquartered in Athens and is the 17st largest credit union in the state of Ohio. It is also the 704th largest credit union in the nation. It was established in 1955 and as of March of 2014, it had grown to 74 employees and 23,444 members. Ohio University Credit Union's savings rates are 54% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Must be an employee, student or alumni of Ohio University or Hocking College or be an employee of one of the Select Employer Groups. - See Details

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
A

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 Ohio University Credit Union had $2.79 million in non-current loans and owned real-estate with $30.7 million in equity and loan loss allowances on hand to cover it. This gives Ohio University Credit Union a Texas Ratio of 9.10% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for Ohio University Credit Union decreased slightly from 10.49% as of March 31, 2013 to 9.10% as of March 31, 2014, resulting in a positive change of 13.20%.This indicates that the balance sheet and financial strength for Ohio University Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Ohio University Credit Union has increased its total deposits by $3.3 million, resulting in 1.28% 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 Ohio University Credit Union has shown is above average.

Capitalization

GRADE:
B+

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. Ohio University Credit Union has $294.89 million in assets with $30.7 million in equity, resulting in a capitalization level of 10.41%, which is above average.

Institution Statistics

Overall
NCUA #61048
Year Chartered1955
Employees74
Primary Regulator
Assets and Liabilities
Assets$294.89 million
Loans$191.79 million
Deposits$261.49 million
Equity Capital$28.55 million
Loan Loss Allowance$2.15 million
Unbacked Noncurrent Loans$2.65 million
Real Estate Owned$149,000
Historic Data - March 2013
Assets$289.01 million
Equity Capital$27.68 million
Loan Loss Allowance$2.37 million
Unbacked Noncurrent Loans$2.65 million
Real Estate Owned$182,000
Profit Margin - Quarterly
Net Interest Margin1.03%
Return on Assets0.67%
Return on Equity6.91%
Interest Income$2.48 million
Rates
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Ohio University Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.80%$250k-IRA Money Max Savings
0.75%$250k-Money Max Savings
0.10%--IRA Passbook
0.10%--Roth IRA Passbook
0.10%--Coverdell Education Savings
0.05%--Regular Share
0.05%--Christmas Club
0.05%--Vacation Club

Ohio University Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$500-Dividend Checking

Ohio University Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.40%$500-56 Month Share Certificate Special
1.00%$500-60 Month Share Certificate
0.85%$500-48-59 Month Share Certificate
0.65%$500-36-47 Month Share Certificate
0.55%$500-38 Month Share Certificate Special
0.50%$500-30-35 Month Share Certificate
0.45%$500-19 Month Share Certificate Special
0.40%$500-24-29 Month Share Certificate
0.30%$500-18-23 Month Share Certificate
0.25%$500-12-17 Month Share Certificate
0.10%$500-6-11 Month Share Certificate
0.05%$500-3-5 Month Share Certificate

Ohio University Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.50%$500-50-60 Month IRA Certificate Special
1.40%$500-56 Month IRA Certificate Special
1.00%--12 Month Easy Save IRA Certificate
1.00%$500-60 Month IRA Certificate
0.85%$500-48-59 Month IRA Certificate
0.65%$500-36-47 Month IRA Certificate
0.55%$500-38 Month IRA Certificate Special
0.50%$500-30-35 Month IRA Certificate
0.45%$500-19 Month IRA Certificate Special
0.40%$500-24-29 Month IRA Certificate
0.30%$500-18-23 Month IRA Certificate
0.25%$500-12-17 Month IRA Certificate
0.10%$500-6-11 Month IRA Certificate
0.05%$500-3-5 Month IRA Certificate
Locations


Ohio University Credit Union Locations
Branch Office90 S Shafer StAthens, OH 45701-2309
Branch Office944 E State StAthens, OH 45701