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541-575-0264
650 W Main St
John Day, OR 97845

Old West Federal Credit Union is headquartered in John Day and is the 24th largest credit union in the state of Oregon. It is also the 1,332nd largest credit union in the nation. It was established in 1957 and as of December of 2013, it had grown to 50 employees and 9,821 members. Old West Federal Credit Union's savings rates are 94% higher than the national average, and it has a C+ health rating.

Field of Membership Restrictions

Today we serve 8 eastern Oregon counties. Our charter covers Grant, Baker, Union, Wallowa, Umatilla, Morrow, Wheeler and Harney counties. - See Details

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Health

Data for Q4 2013

Institution Health

C+

Texas Ratio

GRADE:
C-

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, 2013 Old West Federal Credit Union had $7.73 million in non-current loans and owned real-estate with $12.24 million in equity and loan loss allowances on hand to cover it. This gives Old West Federal Credit Union a Texas Ratio of 63.17% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Old West Federal Credit Union decreased dramatically from 100.43% as of December 31, 2012 to 63.17% as of December 31, 2013, resulting in a positive change of 37.10%.This indicates that the balance sheet and financial strength for Old West Federal Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B

In the past year, Old West Federal Credit Union has increased its total deposits by $865,000, resulting in 0.81% 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 West Federal 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. Old West Federal Credit Union has $119.25 million in assets with $12.24 million in equity, resulting in a capitalization level of 10.26%, which is above average.

Institution Statistics

Overall
NCUA #12012
Year Chartered1957
Employees50
Primary Regulator
Assets and Liabilities
Assets$119.25 million
Loans$67.01 million
Deposits$107.26 million
Equity Capital$11.45 million
Loan Loss Allowance$787,000
Unbacked Noncurrent Loans$5.67 million
Real Estate Owned$2.06 million
Historic Data - December 2012
Assets$119.70 million
Equity Capital$12.81 million
Loan Loss Allowance$1.27 million
Unbacked Noncurrent Loans$5.67 million
Real Estate Owned$5.07 million
Profit Margin - Quarterly
Net Interest Margin6.22%
Return on Assets-1.14%
Return on Equity-11.89%
Interest Income$4.64 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Old West Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Old West Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.01%--Traditional IRA
1.01%--Roth IRA
1.01%--Coverdell Educational Savings
1.01%--SEP IRA
0.15%--Christmas Club Savings
0.05%--Personal Savings with Life Insurance
0.05%--Personal Savings with No Life Insurance

Old West Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.05%--Money Market Account

Old West Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.01%-$15kGrow Green Checking
0.05%--Grow Green Checking

Old West Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.06%$50k-60 Month CD
0.20%$10k-30 Month CD
0.10%$100-18 Month CD
0.05%$1k-91 Day CD
0.05%$500-182 Day CD
0.05%$500-12 Month CD

Old West Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.06%$50k-60 Month IRA (Traditional,Roth,CESA,SEP)
0.20%$10k-30 Month IRA (Traditional,Roth,CESA,SEP)
0.10%$100-18 Month IRA (Traditional,Roth,CESA,SEP)
0.05%$1k-91 Day IRA (Traditional,Roth,CESA,SEP)
0.05%$500-182 Day IRA (Traditional,Roth,CESA,SEP)
0.05%$500-12 Month IRA (Traditional,Roth,CESA,SEP)
Locations


Old West Federal Credit Union Locations
Branch Office1739 N 1st StHermiston, OR 97838
Branch Office2036 Broadway StBaker City, OR 97814-3342
Branch Office650 W Main StJohn Day, OR 97845
Branch Office800 SW Dorion AvePendleton, OR 97801-1934