Old Hickory Credit Union

Old Hickory Credit Union is headquartered in OLD HICKORY and is the 19^st largest credit union in the state of Tennessee. It is also the 881^st largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 70 employees and 26,378 members. Old Hickory Credit Union's savings rates are 6X the national average, and it boasts a 5-star health rating.

Old Hickory Credit Union Routing Number: 264181448

Old Hickory Credit Union Checking Account Rates

Old Hickory Credit Union Savings Account Rates

Old Hickory Credit Union Money Market Rates

Old Hickory Credit Union CD Rates

Old Hickory Credit Union IRA Rates

Data for Q4 2011

Institution Statistics OLD HICKORY NCUA # 67982 BankRate Report View Year Chartered 1934 Employees 70 Primary Regulator Assets and Liabilities Assets $193.14 million Loans $97.06 million Deposits $172.13 million Equity Capital $19.39 million Loan Loss Allowance $791,000 Unbacked Noncurrent Loans $684,000 Real Estate Owned $869,000 Historic Data - December 2010 Assets $178.68 million Equity Capital $19.90 million Loan Loss Allowance $751,000 Unbacked Noncurrent Loans $1.36 million Profit Margin - Quarterly Net Interest Margin 6.11% Return on Assets -0.31% Return on Equity -3.1% Interest Income $7.57 million Non-Interest Income $2.72 million

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 Old Hickory Credit Union had $1.55 million in non-current loans and owned real-estate with $20.18 million in equity and loan loss allowances on hand to cover it. This gives Old Hickory Credit Union a Texas Ratio of 7.70% 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 Old Hickory Credit Union held steady from 6.57% as of December 31, 2010 to 7.70% as of December 31, 2011, resulting in a negative change of 17.10%. This indicates that the balance sheet and financial strength for Old Hickory Credit Union has held steady in recent periods. Deposit Growth In the past year, Old Hickory Credit Union has increased its total deposits by $14.74 million, resulting in 9.37% 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 Old Hickory Credit Union has shown is excellent. 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. Old Hickory Credit Union has $193.14 million in assets with $20.18 million in equity, resulting in a capitalization level of 10.45%, which is above average.

No reviews have been left for this bank yet. Be the first to review.