Pioneer CU (ID) is headquartered in Mountain Home and is the 5th largest credit union in the state of Idaho. It is also the 692nd largest credit union in the nation. It was established in 1954 and as of September of 2013, it had grown to 116 employees and 31,707 members. Pioneer CU (ID) has a B health rating.
--Persons who live, worship, work in, or attend school in, and businesses and other legal entities located in Ada, Blaine, Camas, Canyon, and Elmore County, Idaho are eligible. --Members of the Mountain Home Air Force Base Retirement Association who are receiving services from the Association and who live within the designated area posteed on bank site. --Persons who live, regularly work, worship, perform volunteer services or participate in associations headquartered in Gooding, Jerome and Twin Falls Counties. --All employees of retail, wholesale, manufacturing, cooperative, industrial, and distribution establishments that are located in Adams, Gem, Owyhee, Payette, and Washington Counties, Idaho; and spouses of persons who died while within the field of membership of Pioneer Federal Credit Union. - See Details
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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 Pioneer CU (ID) had $2.18 million in non-current loans and owned real-estate with $25.32 million in equity and loan loss allowances on hand to cover it. This gives Pioneer CU (ID) a Texas Ratio of 8.60% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Pioneer CU (ID) decreased dramatically from 14.66% as of September 30, 2012 to 8.60% as of September 30, 2013, resulting in a positive change of 41.33%.This indicates that the balance sheet and financial strength for Pioneer CU (ID) has improved dramatically in recent periods.
In the past year, Pioneer CU (ID) has decreased its total deposits by -$17.98 million, resulting in -6.56% 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 Pioneer CU (ID) has shown is below average.
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. Pioneer CU (ID) has $289.96 million in assets with $25.32 million in equity, resulting in a capitalization level of 8.73%, which is average.
|Assets and Liabilities|
|Equity Capital||$24.27 million|
|Loan Loss Allowance||$1.04 million|
|Unbacked Noncurrent Loans||$1.85 million|
|Real Estate Owned||$324,000|
|Historic Data - September 2012|
|Equity Capital||$26.88 million|
|Loan Loss Allowance||$2.00 million|
|Unbacked Noncurrent Loans||$1.85 million|
|Real Estate Owned||$258,000|
|Profit Margin - Quarterly|
|Net Interest Margin||2.97%|
|Return on Assets||1%|
|Return on Equity||11.99%|
|Interest Income||$7.45 million|
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|0.35%||$100||-||Roth IRA Savings|
|0.35%||$100||-||Coverdell Education IRA Savings|
|0.10%||$300||-||Idaho Medical Savings|
|0.10%||$100||-||Health Savings Account|
|0.35%||$100k||-||Money Market Savings|
|1.10%||$10k||-||60 Month CD|
|0.85%||$10k||-||48 Month CD|
|0.65%||$500||-||19 Month CD Special|
|0.60%||$10k||-||36 Month CD|
|0.55%||$500||-||13 Month CD Special|
|0.40%||$10k||-||24 Month CD|
|0.30%||$10k||-||18 Month CD|
|0.30%||$10k||-||24 Month Senior Term CD Special|
|0.25%||$10k||-||12 Month CD|
|0.25%||$10k||-||18 Month Senior Term CD Special|
|0.20%||$10k||-||12 Month Senior Term CD Special|
|1.10%||$500||-||60 Month Traditional IRA|
|1.10%||$500||-||60 Month Roth IRA|
|1.10%||$500||-||60 Month Educational IRA|
|0.85%||$500||-||48 Month Traditional IRA|
|0.85%||$500||-||48 Month Roth IRA|
|0.85%||$500||-||48 Month Educational IRA|
|0.60%||$500||-||36 Month Traditional IRA|
|0.60%||$500||-||36 Month Roth IRA|
|0.60%||$500||-||36 Month Educational IRA|
|0.40%||$500||-||24 Month Traditional IRA|
|0.40%||$500||-||24 Month Roth IRA|
|0.40%||$500||-||24 Month Educational IRA|
|0.30%||$500||-||18 Month Traditional IRA|
|0.30%||$500||-||18 Month Roth IRA|
|0.30%||$500||-||18 Month Educational IRA|
|0.25%||$500||-||12 Month Traditional IRA|
|0.25%||$500||-||12 Month Roth IRA|
|0.25%||$500||-||12 Month Educational IRA|