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Overview / Commentary
1310 Valley Vista Dr
Diamond Bar, CA 91765

Prospectors Federal Credit Union is headquartered in DIAMOND BAR and is the 196th largest credit union in the state of California. It is also the 2,122nd largest credit union in the nation. It was established in 1949 and as of December of 2013, it had grown to 12 employees and 5,137 members. Prospectors Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be an employee of one of the several Select Employer Groups (SEGs). Also open to those who live, work, worship or attend school in selected portions of Monrovia, Baldwin Park, Azusa, El Monte, So. El Monte, Monterey Park, So. San Grabriel, Montebello, Commerce, Whittier, Santa Fe Springs, Norwalk, City of Industry, La Puente, Rowland Heights, Diamond Bar, Walnut, San Dimas or Pomona. - See Details

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Data for Q4 2013

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. Prospectors Federal Credit Union has a relatively low asset base.

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, 2013 Prospectors Federal Credit Union had $154,000 in non-current loans and owned real-estate with $5.87 million in equity and loan loss allowances on hand to cover it. This gives Prospectors Federal Credit Union a Texas Ratio of 2.62% 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 Prospectors Federal Credit Union decreased slightly from 3.12% as of December 31, 2012 to 2.62% as of December 31, 2013, resulting in a positive change of 15.97%.This indicates that the balance sheet and financial strength for Prospectors Federal Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Prospectors Federal Credit Union has decreased its total deposits by $-826,000, resulting in -1.59% 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 Prospectors Federal 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. Prospectors Federal Credit Union has $57.26 million in assets with $5.87 million in equity, resulting in a capitalization level of 10.25%, which is above average.

Institution Statistics

NCUA #6072
Year Chartered1949
Primary Regulator
Assets and Liabilities
Assets$57.26 million
Loans$20.80 million
Deposits$51.24 million
Equity Capital$5.48 million
Loan Loss Allowance$388,000
Unbacked Noncurrent Loans$154,000
Real Estate Owned$0
Historic Data - December 2012
Assets$59.69 million
Equity Capital$7.09 million
Loan Loss Allowance$397,000
Unbacked Noncurrent Loans$154,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.6%
Return on Assets0.42%
Return on Equity4.4%
Interest Income$1.87 million

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Prospectors Federal Credit Union Savings Account Rates

0.40%$25-IRA Share Account
0.40%$500-Education Savings Accounts (ESA's)
0.35%$50k$100kRegular Share Account
0.15%--Christmas Club Account

Prospectors Federal Credit Union Money Market Rates

0.45%$100k- Hi-Yield Money Market Account
0.40%$100k-Money Market Account

Prospectors Federal Credit Union Checking Account Rates

0.15%$2,500-Share Draft Account

Prospectors Federal Credit Union CD Rates

1.45%$100k-5 Year CD
1.15%$100k-4 Year CD
0.90%$100k-3 Year CD
0.70%$100k-2 Year CD
0.60%$100k-24 Month Bump It Up CD Special
0.50%$100k-1 Year CD
0.40%$100k-6 Month CD
0.30%$100k-3 Month CD

Prospectors Federal Credit Union IRA Rates

1.45%$100k-5 Year IRA
1.45%$100k-5 Year ESA
1.15%$100k-4 Year IRA
1.15%$100k-4 Year ESA
0.90%$100k-3 Year IRA
0.90%$100k-3 Year ESA
0.70%$100k-2 Year IRA
0.70%$100k-2 Year ESA
0.50%$100k-1 Year IRA
0.40%$100k-6 Month IRA
0.30%$100k-3 Month IRA

Prospectors Federal Credit Union Locations
Branch Office1520 W Cameron Ave Ste 109West Covina, CA 91790
Branch Office1310 Valley Vista DrDiamond Bar, CA 91765-3910