Patriot Credit Union

Patriot Credit Union Locations
P.O. Box 778
Chambersburg, PA 17201
717-263-4444
www.patriotfcu.org

Patriot Credit Union is headquartered in Chambersburg and is the 17st largest credit union in the state of Pennsylvania. It is also the 454th largest credit union in the nation. It was established in 1965 and as of December of 2011, it had grown to 110 employees and 43,895 members. Patriot Credit Union has a 5-star health rating.



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Patriot Credit Union Savings Account Rates

ApyMinMaxProduct
0.05%--Regular Shares
0.05%--Accumulative IRA Share
0.05%--IRA Share
0.05%--Roth IRA Share

Patriot Credit Union Money Market Rates

ApyMinMaxProduct
0.30%$25k-CUIMMA Money Market

Patriot Credit Union CD Rates

ApyMinMaxProduct
1.35%$10k-60 Month CD
1.00%$10k-48 Month Money Management Step Up CD
0.75%$10k-36 Month CD
0.75%$10k-9 Month No Penalty CD
0.70%$10k-60 Month Continuous Saver CD
0.60%$10k-24 Month CD
0.50%$10k-6 Month CD
0.40%$10k-12 Month CD
0.30%$10k-3 Month CD
0.20%$10k-24 Month Continuous Saver CD

Patriot Credit Union IRA Rates

ApyMinMaxProduct
1.35%$10k-60 Month IRA
1.35%$10k-60 Month Educational IRA
1.35%$10k-60 Month Roth IRA
1.00%$10k-48 Month Money Management Step Up IRA
1.00%$10k-48 Month Step Up Roth IRA
0.75%$10k-36 Month IRA
0.75%$10k-36 Month Roth IRA
0.70%$10k-60 Month Continuous Saver IRA
0.60%$10k-24 Month IRA
0.60%$10k-24 Month Roth IRA
0.50%$10k-6 Month IRA
0.50%$10k-6 Month Roth IRA
0.40%$10k-12 Month IRA
0.40%$10k-12 Month Roth IRA
0.40%$10k-12 Month Educational IRA
0.30%$10k-3 Month IRA
0.30%$10k-3 Month Roth IRA
0.20%$10k-24 Month Continuous Saver IRA

Rates updated: 5/26/2012

Data for Q4 2011


Institution Statistics


PATRIOT
NCUA #16574
BankRate ReportView
Year Chartered1965
Employees110
Primary Regulator

Assets and Liabilities

Assets$432.29 million
Loans$247.98 million
Deposits$377.86 million
Equity Capital$50.88 million
Loan Loss Allowance$1.89 million
Unbacked Noncurrent Loans$1.36 million
Real Estate Owned$171,000

Historic Data - December 2010

Assets$425.18 million
Equity Capital$48.39 million
Loan Loss Allowance$2.42 million
Unbacked Noncurrent Loans$2.17 million
Real Estate Owned$832,000

Profit Margin - Quarterly

Net Interest Margin4.86%
Return on Assets0.93%
Return on Equity7.94%
Interest Income$16.53 million
Non-Interest Income$6.36 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 Patriot Credit Union had $1.53 million in non-current loans and owned real-estate with $52.77 million in equity and loan loss allowances on hand to cover it. This gives Patriot Credit Union a Texas Ratio of 2.90% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Patriot Credit Union decreased significantly from 5.91% as of December 31, 2010 to 2.90% as of December 31, 2011, resulting in a positive change of 50.99%.This indicates that the balance sheet and financial strength for Patriot Credit Union has improved significantly in recent periods.
Deposit Growth4
In the past year, Patriot Credit Union has increased its total deposits by $4.6 million, resulting in 1.23% 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 Patriot Credit Union has shown is above average.
Capitalization5
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. Patriot Credit Union has $432.28 million in assets with $52.77 million in equity, resulting in a capitalization level of 12.21%, which is excellent.
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