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Overview / Commentary
805-384-1100
P.O. Box 6004
Camarillo, CA 93011

Pacific Oaks Credit Union is headquartered in CAMARILLO and is the 94th largest credit union in the state of California. It is also the 689th largest credit union in the nation. It was established in 1948 and as of December of 2013, it had grown to 54 employees and 20,941 members. Pacific Oaks Credit Union has a B+ health rating.

Field of Membership Restrictions

Anyone who lives, works, worships or attends school in Ventura County is eligible to join Pacific Oaks Federal Credit Union. - See Details

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A+

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 Pacific Oaks Credit Union had $582,000 in non-current loans and owned real-estate with $27 million in equity and loan loss allowances on hand to cover it. This gives Pacific Oaks Credit Union a Texas Ratio of 2.16% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for Pacific Oaks Credit Union decreased slightly from 2.48% as of December 31, 2012 to 2.16% as of December 31, 2013, resulting in a positive change of 13.20%.This indicates that the balance sheet and financial strength for Pacific Oaks Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
B

In the past year, Pacific Oaks Credit Union has increased its total deposits by $1.09 million, resulting in 0.41% 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 Pacific Oaks Credit Union has shown is above average.

Capitalization

GRADE:
C+

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. Pacific Oaks Credit Union has $295.19 million in assets with $27 million in equity, resulting in a capitalization level of 9.15%, which is average.

Institution Statistics

Overall
NCUA #5662
Year Chartered1948
Employees54
Primary Regulator
Assets and Liabilities
Assets$295.19 million
Loans$130.92 million
Deposits$267.41 million
Equity Capital$25.89 million
Loan Loss Allowance$1.11 million
Unbacked Noncurrent Loans$582,000
Real Estate Owned$0
Historic Data - December 2012
Assets$293.07 million
Equity Capital$25.52 million
Loan Loss Allowance$1.79 million
Unbacked Noncurrent Loans$582,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.74%
Return on Assets0.13%
Return on Equity1.44%
Interest Income$7.29 million
Rates

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Pacific Oaks Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--Share
0.05%$100-Custom Club Savings

Pacific Oaks Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$100k-Money Market

Pacific Oaks Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--Platinum Checking

Pacific Oaks Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.90%$1k-5 Year Share Certificate
0.70%$1k-4 Year Share Certificate
0.55%$1k-3 Year Share Certificate
0.40%$1k-2 Year Share Certificate
0.30%$1k-1 Year Share Certificate
0.20%$1k-6 Month Share Certificate
0.15%$1k-3 Month Share Certificate

Pacific Oaks Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.90%$500-5 Year IRA Certificate (Traditional,Roth,CESA)
0.70%$500-4 Year IRA Certificate (Traditional,Roth,CESA)
0.55%$500-3 Year IRA Certificate (Traditional,Roth,CESA)
0.40%$500-2 Year IRA Certificate (Traditional,Roth,CESA)
0.30%$500-1 Year IRA Certificate (Traditional,Roth,CESA)
Locations


Pacific Oaks Credit Union Locations
Branch Office6633 TELEPHONE RD STE 110VENTURA, CA 93003
Branch Office1651 E CHANNEL ISLANDS BLVDOXNARD, CA 93033
Branch Office761 E DAILY DR STE 200CAMARILLO, CA 93010
Branch Office761 E DAILY DR STE 100CAMARILLO, CA 93010
Branch Office1921 N Oxnard BlvdOXNARD, CA 93036
Branch Office3366 E THOUSAND OAKS BLVDTHOUSAND OAKS, CA 91362