5 star ratingAverage User Rating:
5 star rating based on 1 review.

O.S.U. Credit Union

O.S.U. Credit Union Locations
PO Box 306
Corvallis, OR 973390306
800-732-0173
www.osufederal.com

O.S.U. Credit Union is headquartered in Corvallis and is the 6th largest credit union in the state of Oregon. It is also the 273rd largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 179 employees and 69,079 members. O.S.U. Credit Union has a 4-star health rating.



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

O.S.U. Credit Union Checking Account Rates

ApyMinMaxProduct
0.05%$1k-TLT Checking Premier Account
0.05%$1k-Platinum Checking Account
0.02%$1k-Free Checking Account
0.02%$1k-TLT Checking Enhanced Account

O.S.U. Credit Union Savings Account Rates

ApyMinMaxProduct
0.10%--Health Savings Account
0.05%$100-Basic Savings Account
0.05%--Scottie Savers Account
0.05%--TLT Savings Account
0.05%--Individual Retirement Account (IRA)

O.S.U. Credit Union Money Market Rates

ApyMinMaxProduct
0.30%$100k-Investor's Money Market Account
0.10%--Money Market Account

O.S.U. Credit Union CD Rates

ApyMinMaxProduct
1.00%$10k-48 - 60 Month Certificate
0.75%$10k-36 - 48 Month Certificate
0.50%$10k-24 - 36 Month Certificate
0.25%$10k-12 - 24 Month Certificate
0.10%$10k-182 - 364 Day Certificate

O.S.U. Credit Union IRA Rates

ApyMinMaxProduct
1.00%$10k-48 - 60 Month IRA Certificate
1.00%$10k-48 - 60 Month Roth IRA Certificate
1.00%$10k-48 - 60 Month SEP IRA Certificate
1.00%$10k-48 - 60 Month CESA Certificate
0.75%$10k-36 - 48 Month IRA Certificate
0.75%$10k-36 - 48 Month Roth IRA Certificate
0.75%$10k-36 - 48 Month SEP IRA Certificate
0.75%$10k-36 - 48 Month CESA Certificate
0.50%$10k-24 - 36 Month IRA Certificate
0.50%$10k-12 - 24 Month Roth IRA Certificate
0.50%$10k-24 - 36 Month Roth IRA Certificate
0.50%$10k-24 - 36 Month SEP IRA Certificate
0.50%$10k-24 - 36 Month CESA Certificate
0.25%$10k-12 - 24 Month IRA Certificate
0.25%$10k-12 - 24 Month SEP IRA Certificate
0.25%$10k-12 - 24 Month CESA Certificate

Rates updated: 5/27/2012

Data for Q4 2011


Institution Statistics


O.S.U.
NCUA #9436
BankRate ReportView
Year Chartered1954
Employees179
Primary Regulator

Assets and Liabilities

Assets$730.73 million
Loans$422.31 million
Deposits$640.00 million
Equity Capital$75.45 million
Loan Loss Allowance$6.06 million
Unbacked Noncurrent Loans$6.24 million
Real Estate Owned$4.79 million

Historic Data - December 2010

Assets$658.03 million
Equity Capital$65.20 million
Loan Loss Allowance$5.49 million
Unbacked Noncurrent Loans$7.17 million
Real Estate Owned$2.63 million

Profit Margin - Quarterly

Net Interest Margin5.37%
Return on Assets1.1%
Return on Equity10.7%
Interest Income$28.20 million
Non-Interest Income$8.39 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 O.S.U. Credit Union had $11.03 million in non-current loans and owned real-estate with $81.51 million in equity and loan loss allowances on hand to cover it. This gives O.S.U. Credit Union a Texas Ratio of 13.53% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for O.S.U. Credit Union held steady from 13.87% as of December 31, 2010 to 13.53% as of December 31, 2011, resulting in a positive change of 2.43%.This indicates that the balance sheet and financial strength for O.S.U. Credit Union has held steady in recent periods.
Deposit Growth5
In the past year, O.S.U. Credit Union has increased its total deposits by $56.34 million, resulting in 9.65% 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 O.S.U. Credit Union has shown is excellent.
Capitalization4
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. O.S.U. Credit Union has $730.73 million in assets with $81.51 million in equity, resulting in a capitalization level of 11.15%, which is above average.
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About As Good As It Gets
5 stars - Kassandra - Thursday, June 2, 2011 - 12:43 AM

OSU Federal Credit Union is the best financial institution I have ever worked with. To begin with, many banks and credit unions these days will not allow you to have an account with them if your credit history is not superb. With OSU, there was never a mention of my poor history, even though they ran a thorough credit check on me. Opening the account was quick and easy. One thing that really surprised (and pleased) me is that they produced my debit card at the bank and handed it to me on the spot. No waiting and worrying over a card being lost in the mail. This credit union has a high employee retention rate, so the workers get to know you very fast, which makes all in-person transactions fast and friendly. To be honest, the ONLY problem I have ever had with this institution is their overdraft fees ($28). However, their fees are less than many other institutions, so I honestly have no right to complain - particularly since the overdraft was my fault to begin with. Their online banking setup is great and there is even an after-hours clerk who can perform many functions for you. All in all, I have always recommended OSU to friends and family and will continue to do so. I'm surprised as how pleased I have always been with them, particularly since so many other banks and credit unions are, simply, horrible.

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