Piedmont Hospital Credit Union

Piedmont Hospital Credit Union is headquartered in Atlanta and is the 53^rd largest credit union in the state of Georgia. It is also the 2,868^th largest credit union in the nation. It was established in 1974 and as of December of 2011, it had grown to 13 employees and 8,197 members. Piedmont Hospital Credit Union's savings rates are 3X the national average, and it boasts a 5-star health rating.

Piedmont Hospital Credit Union Checking Account Rates

Piedmont Hospital Credit Union Savings Account Rates

Piedmont Hospital Credit Union CD Rates

Data for Q4 2011

Institution Statistics PIEDMONT HOSPITAL NCUA # 24442 BankRate Report View Year Chartered 1974 Employees 13 Primary Regulator Assets and Liabilities Assets $31.36 million Loans $17.47 million Deposits $26.95 million Equity Capital $4.21 million Loan Loss Allowance $159,000 Unbacked Noncurrent Loans $81,000 Historic Data - December 2010 Assets $26.89 million Equity Capital $3.86 million Loan Loss Allowance $127,000 Unbacked Noncurrent Loans $87,000 Profit Margin - Quarterly Net Interest Margin 6.34% Return on Assets 1.09% Return on Equity 8.14% Interest Income $1.33 million Non-Interest Income $653,000

Institution Health Overall Score: 5 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 Piedmont Hospital Credit Union had $81,000 in non-current loans and owned real-estate with $4.37 million in equity and loan loss allowances on hand to cover it. This gives Piedmont Hospital Credit Union a Texas Ratio of 1.85% 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 Piedmont Hospital Credit Union decreased slightly from 2.18% as of December 31, 2010 to 1.85% as of December 31, 2011, resulting in a positive change of 15.10%.This indicates that the balance sheet and financial strength for Piedmont Hospital Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Piedmont Hospital Credit Union has increased its total deposits by $4.05 million, resulting in 17.69% 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 Piedmont Hospital 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. Piedmont Hospital Credit Union has $31.36 million in assets with $4.37 million in equity, resulting in a capitalization level of 13.94%, which is excellent.

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