Peoples-Neighborhood Credit Union

Peoples-Neighborhood Credit Union is headquartered in Washington and is the 44^th largest credit union in the state of District of Columbia. It is also the 7,140^th largest credit union in the nation. It was established in 1970 and as of December of 2011, it had grown to employees and 274 members. Peoples-Neighborhood Credit Union has a 3-star health rating.

Data for Q4 2011

Institution Statistics PEOPLES-NEIGHBORHOOD NCUA # 20377 BankRate Report View Year Chartered 1970 Employees 0 Primary Regulator Assets and Liabilities Assets $183,000 Loans $34,000 Deposits $160,000 Equity Capital $23,000 Loan Loss Allowance $4,000 Unbacked Noncurrent Loans $23,000 Historic Data - December 2010 Assets $155,000 Equity Capital $23,000 Loan Loss Allowance $4,000 Unbacked Noncurrent Loans $25,000 Profit Margin - Quarterly Net Interest Margin 14.71% Return on Assets 0% Return on Equity 0% Interest Income $5,000

Institution Health Overall Score: 3 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 December 31, 2011 Peoples-Neighborhood Credit Union had $23,000 in non-current loans and owned real-estate with $27,000 in equity and loan loss allowances on hand to cover it. This gives Peoples-Neighborhood Credit Union a Texas Ratio of 85.19% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Peoples-Neighborhood Credit Union held steady from 92.59% as of December 31, 2010 to 85.19% as of December 31, 2011, resulting in a positive change of 8.00%.This indicates that the balance sheet and financial strength for Peoples-Neighborhood Credit Union has held steady in recent periods. Deposit Growth In the past year, Peoples-Neighborhood Credit Union has increased its total deposits by $28,000, resulting in 21.21% 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 Peoples-Neighborhood Credit Union has shown is excellent. 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. Peoples-Neighborhood Credit Union has $183,000 in assets with $27,000 in equity, resulting in a capitalization level of 14.75%, which is excellent.

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