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Overview / Commentary
P.O. Box 239
Olathe, CO 81425

Olathe Credit Union is headquartered in Olathe and is the 91st largest credit union in the state of Colorado. It is also the 6,396th largest credit union in the nation. It was established in 1958 and as of March of 2014, it had grown to 251 members. Olathe Credit Union has a B health rating.

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Health

Data for Q1 2014

Institution Health

B
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Olathe Credit Union has a very low asset base.

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 Olathe Credit Union had $6,000 in non-current loans and owned real-estate with $64,000 in equity and loan loss allowances on hand to cover it. This gives Olathe Credit Union a Texas Ratio of 9.38% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Olathe Credit Union decreased dramatically from 22.22% as of March 31, 2013 to 9.38% as of March 31, 2014, resulting in a positive change of 57.81%.This indicates that the balance sheet and financial strength for Olathe Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Olathe Credit Union has increased its total deposits by $36,000, resulting in 9.33% 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 Olathe 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. Olathe Credit Union has $482,000 in assets with $64,000 in equity, resulting in a capitalization level of 13.28%, which is excellent.

Institution Statistics

Overall
NCUA #12608
Year Chartered1958
Employees0
Primary Regulator
Assets and Liabilities
Assets$482,000
Loans$183,000
Deposits$422,000
Equity Capital$60,000
Loan Loss Allowance$4,000
Unbacked Noncurrent Loans$6,000
Real Estate Owned$0
Historic Data - March 2013
Assets$448,000
Equity Capital$62,000
Loan Loss Allowance$10,000
Unbacked Noncurrent Loans$6,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.73%
Return on Assets0.83%
Return on Equity6.67%
Interest Income$5,000
Rates

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Locations


Olathe Credit Union Locations
Branch Office308 Main Street Suite 101Olathe, CO 81425-9737