Pearl Harbor Credit Union is headquartered in Waipahu and is the 10st largest credit union in the state of Hawaii. It is also the 623rd largest credit union in the nation. It was established in 1937 and as of September of 2013, it had grown to 74 employees and 25,907 members. Pearl Harbor Credit Union has a B+ health rating.
Field of Membership Restrictions
Must live, work, worship or attend school in the island of Oahu. - See Details
Data for Q3 2013
Institution Health
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 September 30, 2013 Pearl Harbor Credit Union had $682,000 in non-current loans and owned real-estate with $31.19 million in equity and loan loss allowances on hand to cover it. This gives Pearl Harbor Credit Union a Texas Ratio of 2.19% 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 Pearl Harbor Credit Union decreased dramatically from 3.83% as of September 30, 2012 to 2.19% as of September 30, 2013, resulting in a positive change of 42.83%.This indicates that the balance sheet and financial strength for Pearl Harbor Credit Union has improved dramatically in recent periods.
Deposit Growth
In the past year, Pearl Harbor Credit Union has decreased its total deposits by -$1.32 million, resulting in -0.43% 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 Pearl Harbor Credit Union has shown is 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. Pearl Harbor Credit Union has $337.68 million in assets with $31.19 million in equity, resulting in a capitalization level of 9.24%, which is average.
Institution Statistics
| Overall | |
|---|---|
| NCUA # | 1961 |
| Year Chartered | 1937 |
| Employees | 74 |
| Primary Regulator |
| Assets and Liabilities | |
|---|---|
| Assets | $337.68 million |
| Loans | $141.17 million |
| Deposits | $305.96 million |
| Equity Capital | $30.65 million |
| Loan Loss Allowance | $539,000 |
| Unbacked Noncurrent Loans | $169,000 |
| Real Estate Owned | $513,000 |
| Historic Data - September 2012 | |
|---|---|
| Assets | $340.15 million |
| Equity Capital | $31.65 million |
| Loan Loss Allowance | $1.08 million |
| Unbacked Noncurrent Loans | $169,000 |
| Real Estate Owned | $513,000 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 2.95% |
| Return on Assets | -0.31% |
| Return on Equity | -3.4% |
| Interest Income | $5.75 million |
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Pearl Harbor Credit Union Savings Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.20% | - | - | IRA Regular Savings | |
| 0.20% | - | - | Jumbo Savings | |
| 0.20% | - | - | Roth IRA Savings | |
| 0.20% | - | - | CESA | |
| 0.10% | - | - | Regular Share Savings |
Pearl Harbor Credit Union CD Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.40% | $1k | - | 1 Year CD | |
| 0.30% | $1k | - | 30 to 364 Days CD |
Pearl Harbor Credit Union IRA Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.40% | - | - | 1 Year IRA CD |
| Pearl Harbor Credit Union Locations | ||
|---|---|---|
| Branch Office | 1580 Makaloa St | Honolulu, HI 96814 |
| Branch Office | 585 Port Royal St | Honolulu, HI 96818 |
| Branch Office | 94-449 Ukee St | Waipahu, HI 96797 |
| Branch Office | 550 Paiea St Ste 128 | Honolulu, HI 96819 |
| Branch Office | 846 S Hotel St Ste 101 | Honolulu, HI 96813 |