Plus4 Credit Union

9998 Almeda Genoa
Houston, TX 77075
(713) 970-9200
www.plus4cu.org

NCUA

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Plus4 Credit Union is headquartered in Houston and is the 121^st largest credit union in the state of Texas. It is also the 1,574^th largest credit union in the nation. It was established in 1929 and as of December of 2012, it had grown to 41 employees and 18,212 members. Plus4 Credit Union has a 5-star health rating.

Plus4 Credit Union Routing Number: 313083675

I Took Action... (Forum) - 12/13/2012

(hate the term "bit the bullet:D") and closed my RCA (now at (2.5%, $10K)) with Plus4 CU. If you recall, they forfeit the $5 balance in one's savings account when one closes all the accounts with them no matter how long one has kept t

Plus4 CU Has A Unique/Particular Fee... (Forum) - 3/20/2012

Account closure fee is $5 no matter how long one keeps the account open. In essence, if one opens an account with them, one cannot close it without losing $5 per account. That is pretty unreasonable. I talked with several CSRs as well

Rate Change 3.51% To 2.51% (Forum) - 12/17/2011

I received confirmation from a CSR that the Plus4 Credit Union in Houston has reduced their Rewards Checking from 3.51% to 2.51% effective December 1, 2011

Plus4 Credit Union Lowers Rewards Checking From 3.51 To 2.51 On 12/01/11 (Forum) - 12/8/2011

Plus4 Credit Union Lowers Rewards Checking from 3.51 to 2.51 on 12/01/11. If you want to get TurboTax at a 50% discount of retain prices see my site: http://smith.buycheaproducts.com/Downloads2011.html

2011

4/19 - Best Reward Checking Accounts in Houston and in Texas

2009

2008

5/22 - 4.05% 6-Month CD at a Houston Credit Union (Plus4)

2007

7/4 - 7.00% 7-Month CD at a Houston CU - $10K Max (Plus4).

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See Rates for: Checking | Savings | Money Market | CD

Plus4 Credit Union Checking Account Rates

	Apy	Min	Max	Product
	2.51%	-	$10k	Reward Checking

Plus4 Credit Union Savings Account Rates

Apy	Min	Max	Product
0.50%	$100	-	IRA Savings
0.10%	$100	-	Savings Account
0.10%	$100	-	Business Savings Accounts
0.10%	$100	-	Club Accounts

Plus4 Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.15%	$2,500	-	Money Market Account

Plus4 Credit Union CD Rates

Apy	Min	Max	Product
1.36%	$1k	-	60 Month Regular CD
1.36%	$50k	-	60 Month Mini-Jumbo CD
1.15%	$1k	-	36 Month Regular CD
1.15%	$50k	-	36 Month Mini-Jumbo CD
1.04%	$1k	-	24 Month Regular CD
1.04%	$50k	-	24 Month Mini-Jumbo CD
0.76%	$1k	-	12 Month Regular CD
0.76%	$50k	-	12 Month Mini-Jumbo CD

Rates updated: 5/19/2013

Data for Q4 2012

Institution Statistics

PLUS4
NCUA #	61457
BankRate Report	View
Year Chartered	1929
Employees	41
Primary Regulator
Assets and Liabilities
Assets	$90.00 million
Loans	$65.45 million
Deposits	$82.22 million
Equity Capital	$7.21 million
Loan Loss Allowance	$622,000
Unbacked Noncurrent Loans	$91,000
Real Estate Owned	$138,000
Historic Data - December 2011
Assets	$89.36 million
Equity Capital	$7.76 million
Loan Loss Allowance	$1.13 million
Unbacked Noncurrent Loans	$221,000
Profit Margin - Quarterly
Net Interest Margin	6.58%
Return on Assets	0%
Return on Equity	0.04%
Interest Income	$4.62 million
Non-Interest Income	$3.14 million

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, 2012 Plus4 Credit Union had $229,000 in non-current loans and owned real-estate with $7.83 million in equity and loan loss allowances on hand to cover it. This gives Plus4 Credit Union a Texas Ratio of 2.93% 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 Plus4 Credit Union held steady from 2.48% as of December 31, 2011 to 2.93% as of December 31, 2012, resulting in a negative change of 17.72%. This indicates that the balance sheet and financial strength for Plus4 Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Plus4 Credit Union has increased its total deposits by $1.42 million, resulting in 1.76% 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 Plus4 Credit Union has shown is above 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. Plus4 Credit Union has $90 million in assets with $7.83 million in equity, resulting in a capitalization level of 8.70%, which is average.