Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Patent And Trademark Office Credit Union

Overview / Commentary
571-272-0350
501 Dulany St
Alexandria, VA 22314

Patent And Trademark Office Credit Union is headquartered in Alexandria and is the 70th largest credit union in the state of Virginia. It is also the 2,629th largest credit union in the nation. It was established in 1942 and as of December of 2013, it had grown to 11 employees and 3,763 members. Patent And Trademark Office Credit Union has a C+ health rating.

Field of Membership Restrictions

Must be an employee, retiree or contractor of the Patent & Trademark Office - See Details

No reviews have been left for this bank yet. Be the first to review.



Health

Data for Q4 2013

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Patent And Trademark Office Credit Union has a low asset base.

Texas Ratio

GRADE:
B+

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 Patent And Trademark Office Credit Union had $302,000 in non-current loans and owned real-estate with $2.53 million in equity and loan loss allowances on hand to cover it. This gives Patent And Trademark Office Credit Union a Texas Ratio of 11.92% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Patent And Trademark Office Credit Union increased slightly from 2.26% as of December 31, 2012 to 11.92% as of December 31, 2013, resulting in a negative change of 428.57%. This indicates that the balance sheet and financial strength for Patent And Trademark Office Credit Union has declined slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Patent And Trademark Office Credit Union has increased its total deposits by $731,000, resulting in 2.09% 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 Patent And Trademark Office 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. Patent And Trademark Office Credit Union has $38.11 million in assets with $2.53 million in equity, resulting in a capitalization level of 6.65%, which is below average.

Institution Statistics

Overall
NCUA #4936
Year Chartered1942
Employees11
Primary Regulator
Assets and Liabilities
Assets$38.11 million
Loans$14.23 million
Deposits$35.63 million
Equity Capital$2.46 million
Loan Loss Allowance$76,000
Unbacked Noncurrent Loans$302,000
Real Estate Owned$0
Historic Data - December 2012
Assets$37.36 million
Equity Capital$2.43 million
Loan Loss Allowance$94,000
Unbacked Noncurrent Loans$302,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.09%
Return on Assets0.06%
Return on Equity0.94%
Interest Income$921,000
Rates
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not Patent And Trademark Office Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Patent And Trademark Office Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.03%$50-Regular Share
0.03%$50-Holiday Account
0.03%$50-IRA Account

Patent And Trademark Office Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.04%$500-Money Market Account

Patent And Trademark Office Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.33%$500-48 Month CD
0.27%$500-36 Month CD
0.16%$500-24 Month CD
0.12%$500-18 Month CD
0.08%$500-12 Month CD
0.05%$500-6 Month CD

Patent And Trademark Office Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.33%$500-48 Month IRA
0.27%$500-36 Month IRA
0.16%$500-24 Month IRA
0.12%$500-18 Month IRA
0.08%$500-12 Month IRA
0.05%$500-6 Month IRA
Locations


Patent And Trademark Office Credit Union Locations
Branch Office501 Dulany StAlexandria, VA 22314
Branch Office2800 S Randolph StArlington, VA 22206