Pfd Firefighters Credit Union Inc.
Pfd Firefighters Credit Union Inc. is headquartered in Portsmouth and is the 86th largest credit union in the state of Virginia. It is also the 3,441st largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 4 employees and 2,058 members. Pfd Firefighters Credit Union Inc.'s savings rates are 4X the national average, and it has a 3-star health rating.
See Rates for: Savings |
CD
Pfd Firefighters Credit Union Inc. Savings Account Rates
|
Apy | Min | Max | Product |
| 2.00% | - | - | Roth IRA |
| 2.00% | - | - | Traditional IRA |
| 0.50% | $5k | - | Savings Account |
| 0.50% | - | - | Christmas Club |
Pfd Firefighters Credit Union Inc. CD Rates
|
Apy | Min | Max | Product |
| 2.01% | $2,500 | - | 48 Month CD |
| 2.01% | $500 | - | 48 Month Youth CD |
| 1.76% | $2,500 | - | 36 Month CD |
| 1.76% | $500 | - | 36 Month Youth CD |
| 1.51% | $2,500 | - | 24 Month CD |
| 1.51% | $500 | - | 24 Month Youth CD |
| 1.26% | $2,500 | - | 12 Month CD |
| 1.26% | $500 | - | 12 Month Youth CD |
| 0.75% | $2,500 | - | 36 Month Business CD |
| 0.63% | $2,500 | - | 24 Month Business CD |
| 0.50% | $2,500 | - | 12 Month Business CD |
Rates updated: 5/26/2012
Data for Q4 2011
Institution Statistics
| PFD FIREFIGHTERS CREDIT UNION INC. | | NCUA # | 66942 | | BankRate Report | View | | Year Chartered | 1955 | | Employees | 4 | | Primary Regulator | |
Assets and Liabilities | | Assets | $21.60 million | | Loans | $18.39 million | | Deposits | $19.47 million | | Equity Capital | $2.03 million | | Loan Loss Allowance | $285,000 | | Unbacked Noncurrent Loans | $962,000 |
Historic Data - December 2010 | | Assets | $21.32 million | | Equity Capital | $1.80 million | | Loan Loss Allowance | $137,000 | | Unbacked Noncurrent Loans | $246,000 | | Real Estate Owned | $527,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.88% | | Return on Assets | 1.06% | | Return on Equity | 11.31% | | Interest Income | $1.35 million | | Non-Interest Income | $41,000 |
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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 Pfd Firefighters Credit Union Inc. had $962,000 in non-current loans and owned real-estate with $2.32 million in equity and loan loss allowances on hand to cover it. This gives Pfd Firefighters Credit Union Inc. a Texas Ratio of 41.50% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Pfd Firefighters Credit Union Inc. held steady from 39.87% as of December 31, 2010 to 41.50% as of December 31, 2011, resulting in a negative change of 4.10%. This indicates that the balance sheet and financial strength for Pfd Firefighters Credit Union Inc. has held steady in recent periods. | | Deposit Growth | | | In the past year, Pfd Firefighters Credit Union Inc. has increased its total deposits by $55,000, resulting in 0.28% 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 Pfd Firefighters Credit Union Inc. 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. Pfd Firefighters Credit Union Inc. has $21.6 million in assets with $2.32 million in equity, resulting in a capitalization level of 10.73%, which is above average. |
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