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Overview / Commentary
1615 East Evans
Pueblo, CO 81004

Power Credit Union is headquartered in Pueblo and is the 30th largest credit union in the state of Colorado. It is also the 1,699th largest credit union in the nation. It was established in 1938 and as of March of 2014, it had grown to 34 employees and 11,576 members. Power Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live in Pueblo West, Fremont County, Southeast Pueblo County or Chaffee County. - See Details

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Power Credit Union has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Power Credit Union had $288,000 in non-current loans and owned real-estate with $9.04 million in equity and loan loss allowances on hand to cover it. This gives Power Credit Union a Texas Ratio of 3.18% 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 Power Credit Union decreased slightly from 4.48% as of March 31, 2013 to 3.18% as of March 31, 2014, resulting in a positive change of 28.88%.This indicates that the balance sheet and financial strength for Power Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Power Credit Union has decreased its total deposits by -$1.8 million, resulting in -2.37% 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 Power Credit Union has shown is 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. Power Credit Union has $84.44 million in assets with $9.04 million in equity, resulting in a capitalization level of 10.71%, which is above average.

Institution Statistics

NCUA #64037
Year Chartered1938
Primary Regulator
Assets and Liabilities
Assets$84.44 million
Loans$42.66 million
Deposits$74.33 million
Equity Capital$8.58 million
Loan Loss Allowance$467,000
Unbacked Noncurrent Loans$288,000
Real Estate Owned$0
Historic Data - March 2013
Assets$86.34 million
Equity Capital$8.55 million
Loan Loss Allowance$468,000
Unbacked Noncurrent Loans$288,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.04%
Return on Equity0.37%
Interest Income$738,000

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Power Credit Union Savings Account Rates

0.20%--IRA Shares
0.10%--Power Shares
0.10%--Christmas Club
0.10%--Secondary Shares

Power Credit Union Money Market Rates

0.20%$50k-Money Market Account

Power Credit Union Checking Account Rates

0.00%--Share Draft Checking

Power Credit Union CD Rates

1.50%$100k-5 Year CD
1.30%$100k-4 Year CD
1.10%$100k-3 Year CD
0.70%$50k-2 Year CD
0.50%$100k-1 Year CD
0.35%$100k-6 Month CD
0.30%$100k-3 Month CD

Power Credit Union Locations
Branch Office220 Pine StTrinidad, CO 81082-2460
Branch Office3165 E US Highway 50Canon City, CO 81212-2797
Branch Office120 S Crescent DrPueblo West, CO 81007-2787
Branch Office1615 E Evans AvePueblo, CO 81004-3418