Pasadena Service Credit Union

670 N. Rosemead Blvd.
Pasadena, CA 91107--210
(626) 351-9655
www.mypsfcu.org

NCUA

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Pasadena Service Credit Union is headquartered in PASADENA and is the 145^th largest credit union in the state of California. It is also the 1,422^nd largest credit union in the nation. It was established in 1936 and as of March of 2013, it had grown to 25 employees and 10,100 members. Pasadena Service Credit Union's savings rates are 2X the national average, and it boasts a 5-star health rating.

Pasadena Service FCU - RCA Drop From 3% To 1.5% (Forum) - 4/28/2012

Without warning or notice, it appears the High Yield Checking (rca) rate was cut in half. Rate page says effective 4/18/12 and doesn't indicate any other changes, such as to cap (25k) or requirements (12 debits, e-statements, 1 ach). Their sta

Top CD Rates and Checking Bonus at Pasadena FCU in SoCal - Local Only - 10/12/2011

Pasadena Service Federal Credit Union has several good deposit deals. First, it has several competitive rates on its CDs and IRA CDs. The best ones have terms from 2 to 5 years and require a minimum d ...

Top Reward Checking Account at Pasadena Service Credit Union in CA - Local Only - 8/25/2011

Pasadena Service Credit Union is currently offering the best high-interest reward checking account in California. A reader mentioned it in the forum in February, and the rate and balance cap have held ...

Pasadena Service Federal Credit Union 3.01%APY High Yield Reward Checking(California) (Forum) - 2/24/2011

Pasadena Service Federal Credit Union currently has a High Yield Reward Checking at 3.01% APY and here are the requirements Pasadena Service FCU: People who live, work, worship or attend school in, Altadena, Arcadia, Pasadena, San Marino, Sier

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

Pasadena Service Credit Union Checking Account Rates

Apy	Min	Max	Product
1.50%	-	$25k	High Yield Checking
0.05%	$400	-	Interest Checking

Pasadena Service Credit Union Savings Account Rates

Apy	Min	Max	Product
1.25%	$100	-	IRA Savings
1.25%	$100	-	Roth IRA Savings
1.25%	$100	-	Coverdell Education Savings Account
0.05%	$50	-	Regular Share
0.05%	$50	-	Holiday Club
0.05%	$50	-	Vacation Club
0.05%	$50	-	Youth Advantage

Pasadena Service Credit Union Money Market Rates

Apy	Min	Max	Product
0.05%	$2k	-	Money Market Account
0.05%	$50k	-	Premium Money Market

Pasadena Service Credit Union CD Rates

Apy	Min	Max	Product
1.00%	$1k	-	60 Month Share Certificate
0.85%	$1k	-	48 Month Share Certificate
0.10%	$1k	-	3 Month Share Certificate
0.10%	$1k	-	6 Month Share Certificate
0.10%	$1k	-	12 Month Share Certificate
0.10%	$1k	-	24 Month Share Certificate
0.10%	$1k	-	36 Month Share Certificate
0.10%	$100	-	12 Month College Fund Share Certificate

Pasadena Service Credit Union IRA Rates

Apy	Min	Max	Product
1.00%	$1k	-	60 Month IRA Certificate
1.00%	$1k	-	60 Month Roth IRA Certificate
1.00%	$1k	-	60 Month CESA Certificate
0.85%	$1k	-	48 Month IRA Certificate
0.85%	$1k	-	48 Month Roth IRA Certificate
0.85%	$1k	-	48 Month CESA Certificate
0.10%	$1k	-	3 Month IRA Certificate
0.10%	$1k	-	6 Month IRA Certificate
0.10%	$1k	-	12 Month IRA Certificate
0.10%	$1k	-	24 Month IRA Certificate
0.10%	$1k	-	36 Month IRA Certificate
0.10%	$1k	-	3 Month Roth IRA Certificate
0.10%	$1k	-	6 Month Roth IRA Certificate
0.10%	$1k	-	12 Month Roth IRA Certificate
0.10%	$1k	-	24 Month Roth IRA Certificate
0.10%	$1k	-	36 Month Roth IRA Certificate
0.10%	$1k	-	3 Month CESA Certificate
0.10%	$1k	-	6 Month CESA Certificate
0.10%	$1k	-	12 Month CESA Certificate
0.10%	$1k	-	24 Month CESA Certificate
0.10%	$1k	-	36 Month CESA Certificate

Rates updated: 6/18/2013

Data for Q1 2013

Institution Statistics

PASADENA SERVICE
NCUA #	1368
BankRate Report	View
Year Chartered	1936
Employees	25
Primary Regulator
Assets and Liabilities
Assets	$108.35 million
Loans	$36.39 million
Deposits	$98.91 million
Equity Capital	$8.98 million
Loan Loss Allowance	$674,000
Unbacked Noncurrent Loans	$201,000
Historic Data - March 2012
Assets	$106.09 million
Equity Capital	$8.67 million
Loan Loss Allowance	$887,000
Unbacked Noncurrent Loans	$267,000
Profit Margin - Quarterly
Net Interest Margin	1.46%
Return on Assets	0.27%
Return on Equity	3.3%
Interest Income	$738,000
Non-Interest Income	$276,000

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 March 31, 2013 Pasadena Service Credit Union had $201,000 in non-current loans and owned real-estate with $9.65 million in equity and loan loss allowances on hand to cover it. This gives Pasadena Service Credit Union a Texas Ratio of 2.08% 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 Pasadena Service Credit Union decreased slightly from 2.79% as of March 31, 2012 to 2.08% as of March 31, 2013, resulting in a positive change of 25.48%.This indicates that the balance sheet and financial strength for Pasadena Service Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Pasadena Service Credit Union has increased its total deposits by $1.98 million, resulting in 2.04% 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 Pasadena Service Credit Union has shown is above average.
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. Pasadena Service Credit Union has $108.35 million in assets with $9.65 million in equity, resulting in a capitalization level of 8.91%, which is average.