Opportunities Credit Union

Opportunities Credit Union Locations
18 Pearl Street
Burlington, VT 05401
(800) 865-8328
www.oppsvt.org

Opportunities Credit Union is headquartered in Winooski and is the 9th largest credit union in the state of Vermont. It is also the 2,806th largest credit union in the nation. It was established in 1989 and as of December of 2011, it had grown to 22 employees and 8,557 members. Opportunities Credit Union's savings rates are 92% higher than the national average, but it has a 2-star health rating.

Opportunities Credit Union Routing Number: 011692588



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See Rates for: Checking | Savings | Money Market | CD | IRA

Opportunities Credit Union Checking Account Rates

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0.01%--Non-Profit Checking Accounts

Opportunities Credit Union Savings Account Rates

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1.00%--Individual Development Accounts
0.10%--Share Savings Accounts
0.10%--Holiday Club Accounts

Opportunities Credit Union Money Market Rates

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0.55%$95k-Money Market Savings Accounts

Opportunities Credit Union CD Rates

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2.02%$500-60 Month Share Certificate Accounts
1.51%$500-48 Month Share Certificate Accounts
1.51%$500-60 Month Social Investor CD
1.51%$500-60 Month Non-Member Investor CD
1.36%$500-36 Month Share Certificate Accounts
1.00%$500-24 Month Share Certificate Accounts
1.00%$500-48 Month Social Investor CD
1.00%$500-48 Month Non-Member Investor CD
0.95%$500-18 Month Share Certificate Accounts
0.75%$500-36 Month Social Investor CD
0.75%$500-36 Month Non-Member Investor CD
0.60%$500-12 Month Share Certificate Accounts
0.60%$100-12 Month Powersavers Share Certificate Accounts
0.50%$500-24 Month Social Investor CD
0.50%$500-24 Month Non-Member Investor CD
0.40%$500-12 Month Social Investor CD
0.40%$500-12 Month Non-Member Investor CD
0.25%$500-6 Month Share Certificate Accounts
0.10%$500-3 Month Share Certificate Accounts

Opportunities Credit Union IRA Rates

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2.02%$500-60 Month IRA Certificate Accounts
2.02%$500-60 Month Roth IRA Certificate Accounts
1.51%$500-48 Month IRA Certificate Accounts
1.51%$500-48 Month Roth IRA Certificate Accounts
1.36%$500-36 Month IRA Certificate Accounts
1.36%$500-36 Month Roth IRA Certificate Accounts
1.00%$500-24 Month IRA Certificate Accounts
1.00%$500-24 Month Roth IRA Certificate Accounts
0.60%$100-12 Month Powersavers IRA Certificate Accounts
0.60%$500-12 Month IRA Certificate Accounts
0.60%$500-12 Month Roth IRA Certificate Accounts
0.60%$100-12 Month Powersavers Roth IRA Certificate Accounts
0.10%$500-3 Month IRA Certificate Accounts
0.10%$500-3 Month Roth IRA Certificate Accounts

Rates updated: 5/27/2012

Data for Q4 2011


Institution Statistics


OPPORTUNITIES
NCUA #67251
BankRate ReportView
Year Chartered1989
Employees22
Primary Regulator

Assets and Liabilities

Assets$32.62 million
Loans$20.50 million
Deposits$26.38 million
Equity Capital$2.30 million
Loan Loss Allowance$214,000
Unbacked Noncurrent Loans$1.46 million
Real Estate Owned$501,000

Historic Data - December 2010

Assets$33.20 million
Equity Capital$2.23 million
Loan Loss Allowance$219,000
Unbacked Noncurrent Loans$475,000

Profit Margin - Quarterly

Net Interest Margin6.04%
Return on Assets0.22%
Return on Equity3.09%
Interest Income$1.37 million
Non-Interest Income$1.24 million

Institution Health


Overall Score:
2 out of 5
2
Texas Ratio2
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 Opportunities Credit Union had $1.96 million in non-current loans and owned real-estate with $2.51 million in equity and loan loss allowances on hand to cover it. This gives Opportunities Credit Union a Texas Ratio of 78.06% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Opportunities Credit Union increased slightly from 19.44% as of December 31, 2010 to 78.06% as of December 31, 2011, resulting in a negative change of 301.62%. This indicates that the balance sheet and financial strength for Opportunities Credit Union has declined slightly in recent periods.
Deposit Growth4
In the past year, Opportunities Credit Union has increased its total deposits by $545,000, resulting in 2.11% 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 Opportunities Credit Union has shown is above average.
Capitalization2
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. Opportunities Credit Union has $32.62 million in assets with $2.51 million in equity, resulting in a capitalization level of 7.70%, which is below average.
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